Purple Ocean

New York, United States Founded: 2004 • Age: 22 yrs Acquired By Gruppo DigiTouch
Psychic reading services are facilitated via an app-based platform.
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About Purple Ocean

Purple Ocean is a company based in New York (United States) founded in 2004 was acquired by Gruppo DigiTouch in October 2018.. Purple Ocean offers products and services including Purple Ocean App. Purple Ocean operates in a competitive market with competitors including Sanctuary, Kasamba, California Psychics, Astrograph Astrology and Hey Hero, among others.

  • Headquarter New York, United States
  • Sectors
    Media & Entertainment
    Business Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Barges Technologies, Inc.
Operational Areas
Media & Entertainment → Digital Media, Publishing & Broadcasting
Business Services → Event, Translation & Local Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Gruppo DigiTouch

    (Oct 22, 2018)

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Products & Services of Purple Ocean

Purple Ocean offers a comprehensive portfolio of products and services, including Purple Ocean App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Mobile app for submitting questions and receiving video psychic readings.

Funding Insights of Purple Ocean

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Purple Ocean

Purple Ocean has secured backing from 1 investor. Prominent investors backing the company include Gruppo DigiTouch. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Digital marketing, ecommerce, branding, and SEO services are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Purple Ocean

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Purple Ocean

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Purple Ocean Comparisons

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Competitors of Purple Ocean

Purple Ocean operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sanctuary, Kasamba, California Psychics, Astrograph Astrology and Hey Hero, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Spiritual guidance is provided through psychic and astrology services.
domain founded_year HQ Location
Paid online consultations with astrology experts are facilitated via chat.
domain founded_year HQ Location
Offers psychic readings on love, career, life path via phone or online chat.
domain founded_year HQ Location
Offers comprehensive astrology software solutions for astrologers.
domain founded_year HQ Location
An online marketplace for astrology and psychic services is provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Purple Ocean

Frequently Asked Questions about Purple Ocean

When was Purple Ocean founded?

Purple Ocean was founded in 2004.

Where is Purple Ocean located?

Purple Ocean is headquartered in New York, United States. It is registered at New York, New York, United States.

What does Purple Ocean do?

Purple Ocean was founded in 2004 in New York, United States, within the digital wellness sector. An app-based platform is maintained to connect users with psychic advisors, including tarot readers and astrologers. Users select advisors, submit questionnaires, and receive video-based consultations. Advisors establish profiles with bios and consultation fees. In-app messaging and real-time notifications are supported, with the application available on Android and iOS devices.

Who are the top competitors of Purple Ocean?

Purple Ocean's top competitors include Sanctuary, Kasamba and Hey Hero.

What products or services does Purple Ocean offer?

Purple Ocean offers Purple Ocean App.

Who are Purple Ocean's investors?

Purple Ocean has 1 investor. Key investors include Gruppo DigiTouch.

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