About Snaptu
Snaptu is a company based in Tel Aviv (Israel) founded in 2007 was acquired by Facebook in March 2011.. Snaptu has raised $6 million across 2 funding rounds from investors including Facebook, Sequoia Capital and Viola Ventures. Snaptu operates in a competitive market with competitors including About.me, Rockmelt, Vizify, Easypeek and Instories, among others.
- Headquarter Tel Aviv, Israel
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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Funding Insights of Snaptu
Snaptu has successfully raised a total of $6M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $6 million completed in June 2010. 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 Total Funding
- Total Rounds 2
- Last Round Series B — $6.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2010 | Amount | Series B - Snaptu | Valuation |
investors |
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| Mar, 2010 | Amount | Series A - Snaptu | Valuation |
investors |
| 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 |
Investors in Snaptu
Snaptu has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Facebook, Sequoia Capital and Viola Ventures. 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.
| Investor | Description | Founded Year | Domain | Location |
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Sequoia Capital is engaged in venture capital investments.
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Investments in tech startups are managed by Viola Ventures.
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Online social networking and communication services are provided globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Snaptu
| 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 - Snaptu
| 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 |
Snaptu Comparisons
Competitors of Snaptu
Snaptu 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 About.me, Rockmelt, Vizify, Easypeek and Instories, 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 |
Multiple online identities are linked via personal web hosting platform.
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A social media web browser was developed by Rockmelt.
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| domain | founded_year | HQ Location |
Content from social media is aggregated into graphical biographies.
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| domain | founded_year | HQ Location |
App for monitoring friends' likes, comments, and Instagram actions in real time.
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| domain | founded_year | HQ Location |
Mobile app providing templates for creating animated stories and videos.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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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Latest news on Snaptu
Frequently Asked Questions about Snaptu
When was Snaptu founded?
Snaptu was founded in 2007 and raised its 1st funding round 3 years after it was founded.
Where is Snaptu located?
Snaptu is headquartered in Tel Aviv, Israel.
Is Snaptu a funded company?
Snaptu is a funded company, having raised a total of $6M across 2 funding rounds to date.
What does Snaptu do?
Snaptu was founded in 2007 in Tel Aviv, Israel, as an online platform in the social media sector. Access to various social networking sites was enabled through a single interface, allowing users to manage profiles and interactions centrally. The service operated via the domain snaptu.com and focused on simplifying mobile and web-based social engagement. Acquisition by Facebook occurred in 2011, after which operations were integrated into the larger ecosystem.
Who are the top competitors of Snaptu?
Who are Snaptu's investors?
Snaptu has 3 investors. Key investors include Facebook, Sequoia Capital, and Viola Ventures.
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