About Qype
Qype is a company based in Hamburg (Germany) founded in 2006 was acquired by Yelp in October 2012. Qype has raised $11.38 million across 1 funding round from investors including Yelp, Partech Partners and Wellington Partners Venture Capital. The company has 84 employees. Qype offers products and services including Yelp Platform and Yelp for Business. Qype operates in a competitive market with competitors including MeetMe, Meetup, Going, Loopt and Pelago, among others.
Products & Services of Qype
Qype offers a comprehensive portfolio of products and services, including Yelp Platform and Yelp for Business.
Web and mobile service for searching and reviewing local businesses
Tools for businesses to claim pages and advertise online
Funding Insights of Qype
Qype has successfully raised a total of $11.38M through 1 strategic funding round. The most recent funding activity was a Series A round of $11.38 million completed in September 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $11.38M
- Total Rounds 1
- Last Round Series A — $11.38M
- First Round $11.38M
(Sep 2008)
- Investors Count 3
All 1 funding rounds of Qype with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2008 | $11.38M | Series A | – | Wellington Partners Venture Capital |
4 investors in total: 4 institutional.
Investors in Qype
Qype has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Yelp, Partech Partners and Wellington Partners Venture Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in early-stage healthcare startups. | – | wellington-partners.com | Munich, Germany | |
Venture capital is provided to global tech startups and scale-ups. | 1982 | partechpartners.com | Paris, France | |
VC & PE firm | – | adventventures.com | London, United Kingdom | |
Platform for discovering and sharing local businesses | 2004 | yelp.com | San Francisco, United States |
Investor details for Qype
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Qype
3 dated milestones of Qype across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Qype is founded.
- Funding First funding round of $11.4M.
- Exit Acquired by Yelp.
Competitors of Qype
Qype 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 MeetMe, Meetup, Going, Loopt and Pelago, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| meetme.com | 2005 | New Hope, United States | $37.9M | 184 | New people are connected via a GPS-enabled social platform. | |
| meetup.com | 2002 | New York, United States | $9.5M | 83 | People are connected via app-based groups for shared interests. | |
| going.com | 2005 | Boston, United States | $8.5M | 63 | Flight deals and price alerts are provided by Going. | |
| loopt.com | 2005 | Mountain View, United States | $39.1M | 56 | Selective location sharing is enabled via a social networking app. | |
| pelago.com | 2005 | Seattle, United States | $15M | – | Location-based service | |
| pod.io | 2009 | Manhattan Beach, United States | $7.5M | – | Professionals are connected with similar interests on this social platform. | |
| explorest.com | 2017 | San Francisco, United States | $170,000 | – | Location-based photos are shared and discovered via mobile app. | |
| reunion.com | 1995 | Santa Monica, United States | $25M | – | Personal search engine & social networking platform | |
| socialradar.com | 2013 | – | $13.25M | – | Delivers a social location-based mobile application for users. |
Detailed competitors of Qype
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Qype
Websites that share an audience with Qype (qype.com).
Websites whose visitors overlap most with Qype. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| restaurant-kritik.de | 100% | – | – | View details | |
kennstdueinen.de | kennstdueinen.de | 99% | – | #433,646 | – |
| mister-wong.de | 98% | – | #3,886,788 | View details | |
| foursquare.com | 98% | 1.3M | #42,880 | View details | |
| lokalisten.de | 95% | – | – | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Qype
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Qype
Complete news archive for Qype
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Qype
10 companies that operate in the same segment as Qype (Social Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Social platform for sharing short videos | 2011 | Haidian, Beijing, China | USD 4.79 B | USD 17.72 B | 24,720 | |
Online social networking and communication services are provided globally. | 2004 | Menlo Park, California, United States | USD 2.27 B | – | – | |
ESports social video streaming platform | 2006 | San Francisco, California, United States | USD 35.12 M | – | – | |
Subscription-based social networking platform for runners and cyclists | 2009 | San Francisco, California, United States | USD 144.6 M | – | – | |
User-generated videos and content are shared and streamed online. | 2005 | San Bruno, California, United States | USD 11.5 M | – | – | |
New people are connected via a GPS-enabled social platform. | 2005 | New Hope, United States | USD 37.9 M | – | – | |
Micro-blogging platform for real-time updates and multimedia sharing is operated. | 2009 | Beijing, China | USD 586 M | – | – | |
Provider of DNA testing services to create a family tree and ancestor | 2003 | Yehud, Central District, Israel | USD 40 M | – | – | |
Real-time classroom behavior feedback is delivered to students by teachers. | 2011 | San Francisco, California, United States | USD 221.22 M | – | – | |
Professional networking, job recruitment, and career tools are provided. | 2003 | Sunnyvale, California, United States | USD 144.41 M | – | – |
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Frequently Asked Questions about Qype
Qype was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Qype is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
Qype is a funded company, having raised a total of $11.38M across 1 funding round to date. The company's 1st funding round was a Series A of $11.38M, raised on Sep 2008.
Qype has 84 employees.
Qype was founded in 2006 in Hamburg, Germany, as a social platform in the review and discovery sector. User-generated reviews and ratings for businesses and locations, including restaurants, doctors, government agencies, and entertainment venues, are facilitated. The portal enables users to locate services and assess options based on community feedback across various categories.
Qype offers Yelp Platform and Yelp for Business.
Qype has 4 investors. Key investors include Yelp, Partech Partners, Wellington Partners Venture Capital, and Advent Venture Partners.
Qype operates through Yelp Gmbh.
Yes. Qype was acquired by Yelp in October 2012.