About Square Off
Square Off is a company based in Newark (United States) founded in 2016 by Bhavya Gohil and Aatur Mehta was acquired by Miko in October 2022.. Square Off has raised $2.6 million across 4 funding rounds from investors including Miko Technologies, India Quotient and Riidl. The company has 3 employees as of April 01, 2024. Square Off has completed 1 acquisition, including MyChessApps. Square Off operates in a competitive market with competitors including IChess and Smart Chess Square off, among others.
- Headquarter Newark, United States
- Employees 3 as on 01 Apr, 2024
- Founders Bhavya Gohil, Aatur Mehta
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Sectors
Media & EntertainmentConsumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Infivention Technologies Private Limited
- Date of Incorporation 04 Sep, 2015
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$495.59 K (USD)-5.23as on Mar 31, 2022
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Net Profit
$-191.83 K (USD)-10.39as on Mar 31, 2022
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EBITDA
$23.72 K (USD)133.21as on Mar 31, 2022
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Total Equity Funding
$2.6 M (USD)
in 4 rounds
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Latest Funding Round
$935.37 K (USD), Seed
Oct 12, 2022
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Investors
Miko Technologies
& 10 more
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Employee Count
3
as on Apr 01, 2024
- Investments & Acquisitions
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Acquired by
Miko
(Oct 05, 2022)
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Funding Insights of Square Off
Square Off has successfully raised a total of $2.6M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $935.37 thousand completed in October 2022. 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 4
- Last Round Seed — $935,373
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First Round
First Round
(12 Jul 2016)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Seed - Square Off | Valuation | Surendra Arora , Miko |
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| May, 2018 | Amount | Seed - Square Off | Valuation | Kstart | |
| Jul, 2017 | Amount | Seed - Square Off | Valuation | India Quotient |
| 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 Square Off
Square Off has secured backing from 11 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Miko Technologies, India Quotient and Riidl. 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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Website maintenance and user services are operated by Kstart.
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Founded Year | Domain | Location | |
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Investments are made in multi-stage tech-focused startups.
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Founded Year | Domain | Location | |
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Investment in Indian startups across technology and fintech sectors.
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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 Square Off
Square Off has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MyChessApps. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Chess tournament management and training apps are provided.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Square Off
| 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 |
Square Off Comparisons
Competitors of Square Off
Square Off 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 IChess and Smart Chess Square off, 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 |
Develops foldable electronic chessboards for online, offline, and AI chess gaming.
|
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| domain | founded_year | HQ Location |
Develops smart chess boards for enthusiasts and developers.
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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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Latest news on Square Off
Frequently Asked Questions about Square Off
When was Square Off founded?
Square Off was founded in 2016.
Where is Square Off located?
Square Off is headquartered in Newark, United States. It is registered at Newark, New Jersey, United States.
Who is the current CEO of Square Off?
Bhavya Gohil is the current CEO of Square Off. They have also founded this company.
Is Square Off a funded company?
Square Off is a funded company, having raised a total of $2.6M across 4 funding rounds to date. The company's 1st funding round was a Seed of $248.08K, raised on Jul 12, 2016.
How many employees does Square Off have?
As of Apr 01, 2024, the latest employee count at Square Off is 3.
What is the annual revenue of Square Off?
Annual revenue of Square Off is $495.59K as on Mar 31, 2022.
What does Square Off do?
Square Off was founded in 2016 in Newark, United States, focusing on the consumer technology sector. Robotics-integrated chessboard games are developed, enabling automated piece movement and board resets. Live streaming of chess matches is facilitated through a companion app. Operations center on enhancing traditional chess play with mechanical and digital integrations for global users.
Who are the top competitors of Square Off?
Square Off's top competitors include IChess and Smart Chess Square off.
How many acquisitions has Square Off made?
Square Off has made 1 acquisition, including MyChessApps.
Who are Square Off's investors?
Square Off has 11 investors. Key investors include Miko Technologies, India Quotient, Riidl, Kstart, and RB Investments.