Qype

Hamburg, Germany Founded: 2006 • Age: 20 yrs Acquired By Yelp
Social platform for providing users reviews of businesses places
Annual revenue - Latest available
Total funding $11.4M 1 rounds
Employees 84 Tracked headcount
Investors 4 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

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 as of December 31, 2020. 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.

  • Headquarter Hamburg, Germany
  • Employees 84 as on 31 Dec, 2020
  • Sectors
    Media & Entertainment
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Yelp Gmbh
Operational Areas
Media & Entertainment → Creator Economy & Social Platforms Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $11.38 M (USD)

    in 1 rounds

  • Latest Funding Round
    $11.38 M (USD), Series A

    Sep 15, 2008

  • Investors
    Yelp

    & 3 more

  • Employee Count
    84

    as on Dec 31, 2020

  • Acquired by
    Yelp

    (Oct 24, 2012)

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Products & Services of Qype

Qype offers a comprehensive portfolio of products and services, including Yelp Platform and Yelp for Business.

Product name locked
Category locked
Primary

Web and mobile service for searching and reviewing local businesses

Product name locked
Category locked
Locked

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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are made in early-stage healthcare startups.
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Venture capital is provided to global tech startups and scale-ups.
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VC & PE firm
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Investor details for Qype

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Investments & Acquisitions by Qype

Investments
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Investment portfolio details for Qype

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  • Transaction dates
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Financial Statements - Qype

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Detailed financials for Qype

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Qype Comparisons

Qype Primary company
Description
Social platform for providing users reviews of businesses & ...
Location
Hamburg, Germany
Founded Year
2006
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
84
As of 2020
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Peer comparison for Qype

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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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 year HQ Location Description
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New people are connected via a GPS-enabled social platform.
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People are connected via app-based groups for shared interests.
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Flight deals and price alerts are provided by Going.
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Selective location sharing is enabled via a social networking app.
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Location-based service
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Professionals are connected with similar interests on this social platform.
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Detailed competitors of Qype

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Latest news on Qype

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Complete news archive for Qype

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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.

As of Dec 31, 2020, the latest employee count at Qype is 84.

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's top competitors include MeetMe, Meetup and Going.

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.

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