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
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Sectors
TechnologyMedia & Entertainment
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- Legal Name Sulake Oy
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Products & Services of Sulake
Sulake offers a comprehensive portfolio of products and services, including Habbo and Hotel Hideaway.
Online hangout for users to interact and share content virtually.
3D mobile app for social interactions in a virtual environment.
People of Sulake
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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.
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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
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Investments & Acquisitions by Sulake
Investment portfolio details for Sulake
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Financial Statements - Sulake
Detailed financials for Sulake
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Sulake Comparisons
Peer comparison for Sulake
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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.
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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
Complete news archive for Sulake
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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.