Sulake

Helsinki, Finland Founded: 2000 • Age: 26 yrs Acquired By Azerion
Metaverse social networking and online games are developed by Sulake.
Annual revenue - Latest available
Total funding $11.7M 2 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Sulake

Sulake is a company based in Helsinki (Finland) founded in 2000 was acquired by Azerion in January 2021. Sulake has raised $11.65 million across 2 funding rounds from investors including Elisa, 3i Group and Azerion. Sulake offers products and services including Habbo and Hotel Hideaway. Sulake operates in a competitive market with competitors including IMVU, Moon Active, Meta, MIXI and Thatgamecompany, among others.

  • Headquarter Helsinki, Finland
  • Sectors
    Technology
    Media & Entertainment
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Sulake Oy
Operational Areas
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Media & Entertainment → Gaming & Interactive Entertainment Unlock Sub-Sector Unlock Segment
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
    $11.65 M (USD)

    in 2 rounds

  • Latest Funding Round
    $7.65 M (USD), Series B

    Jul 10, 2006

  • Investors
    Elisa

    & 4 more

  • Employee Count
    Not available
  • Acquired by
    Azerion

    & 3 more

    (Jan 25, 2021)

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Products & Services of Sulake

Sulake offers a comprehensive portfolio of products and services, including Habbo and Hotel Hideaway.

Product name locked
Category locked
Primary

Online hangout for users to interact and share content virtually.

Product name locked
Category locked
Locked

3D mobile app for social interactions in a virtual environment.

People of Sulake

Headcount 50-200
Employee Profiles 18
Employee Profiles
People
Wille Frankenhaeuser
Senior Software Developer
People
Henni S.
Senior 3d Artist
People
Thiago Martini
Customer Experience Manager In Sulake
People
Antti Kangas
Junior Software Developer

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Funding Insights of Sulake

Sulake has successfully raised a total of $11.65M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $7.65 million completed in July 2006. 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 Sulake

Sulake has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Elisa, 3i Group and Azerion.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity firm focused on mid-market businesses
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Early-stage venture capital is invested in European startups across sectors.
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PE and VC fund focused on fintech, Adtech, gaming, eCommerce, and multiple sectors
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Investor details for Sulake

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Sulake

Investments
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Investment portfolio details for Sulake

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
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Financial Statements - Sulake

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Detailed financials for Sulake

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  • Historical revenue
  • Profit trends
  • Statement rows
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Sulake Comparisons

Sulake Primary company
Description
Metaverse social networking and online games are developed b...
Location
Helsinki, Finland
Founded Year
2000
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Sulake

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

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Competitors of Sulake

Sulake 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 IMVU, Moon Active, Meta, MIXI and Thatgamecompany, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of an online 3D avatar-based social network
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Mobile and social games developer
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Metaverse platforms and VR devices are developed for immersive interactions.
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Mobile games and social platforms are developed and published.
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Developer of PC and mobile-based games
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Virtual world games are facilitated through an NFT-based platform.
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Detailed competitors of Sulake

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Latest news on Sulake

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Complete news archive for Sulake

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  • Brand-specific news history

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Frequently Asked Questions about Sulake

Sulake was founded in 2000 and raised its 1st funding round 3 years after it was founded.

Sulake is headquartered in Helsinki, Finland.

Sulake is a funded company, having raised a total of $11.65M across 2 funding rounds to date.

Sulake was founded in 2000 and is headquartered in Helsinki, Finland. Operations focus on the game development sector, with online social games such as Habbo and Hotel Hideaway created for mobile and console platforms. A metaverse-oriented social networking service is maintained, featuring virtual currency-based trading. Income is derived from advertisements and in-app purchases.

Sulake's top competitors include ZEPETO, Thatgamecompany and Moon Active.

Sulake offers Habbo and Hotel Hideaway.

Sulake has 5 investors. Key investors include Elisa, 3i Group, Azerion, SoftBank, and Lifeline Ventures.

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