About Rooit
Rooit is a company based in Singapore (Singapore) founded in 2016 by Kays Bouachik, Peter Yu, and Paul Bo-Jiun Hsu.. Rooit offers products and services including XO App and Icebreaker Bots. Rooit operates in a competitive market with competitors including Discord, Moco, Here, Geneva and pop.in, among others.
- Headquarter Singapore, Singapore
- Founders Kays Bouachik, Peter Yu, Paul Bo-Jiun Hsu
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Sectors
Telecommunications
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Email
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Phone
*********
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Website
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Social
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- Legal Name Rooit Pte. Ltd.
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Annual Revenue
$50.89 K0as on Dec 31, 2020
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Net Profit
$-259.97 K0as on Dec 31, 2020
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EBITDA
$-259.97 K0as on Dec 31, 2020
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of Rooit
Rooit offers a comprehensive portfolio of products and services, including XO App and Icebreaker Bots. 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.
App for anonymous story matching and user connections worldwide.
Bots that provide games to start user interactions easily.
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Funding Insights of Rooit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Rooit
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Rooit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rooit Comparisons
Competitors of Rooit
Rooit 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 Discord, Moco, Here, Geneva and pop.in, 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 |
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| domain | founded_year | HQ Location |
Group voice, video, and text communication platform is provided.
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| domain | founded_year | HQ Location |
App-based social platform connecting people
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| domain | founded_year | HQ Location |
Limited information is available on Here’s core activities.
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| domain | founded_year | HQ Location |
Group chats and audio/video rooms are facilitated via online platform.
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| domain | founded_year | HQ Location |
Topic-based conversations are enabled via a mobile application.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Rooit
When was Rooit founded?
Rooit was founded in 2016.
Where is Rooit located?
Rooit is headquartered in Singapore, Singapore.
Who is the current CEO of Rooit?
Paul Bo-Jiun Hsu is the current CEO of Rooit. They have also founded this company.
What is the annual revenue of Rooit?
Annual revenue of Rooit is $50.89K as on Dec 31, 2020.
What does Rooit do?
Founded in 2016 and based in Singapore, Rooit operates within the social networking sector through a mobile application. Anonymous interactions are supported via themed chatrooms for bars, schools, and LGBTQ communities, alongside random matching features. Additional services include quizzes for engagement, instant friend connections, and selfie uploads. Operations focus on facilitating user-driven conversations in a digital environment.
What products or services does Rooit offer?
Rooit offers XO App and Icebreaker Bots.