About Tapas
Tapas is a company based in San Francisco (United States) founded in 2012 by Chang Kim was acquired by Kakao Entertainment in May 2021.. Tapas has raised $10.15 million across 7 funding rounds from investors including Kakao Entertainment, SBI Investment Korea and Daum. The company has 78 employees as of December 31, 2021. Tapas operates in a competitive market with competitors including Dashtoon, Comic Smart, Kuaikan Manhua, WEBTOON and Madefire, among others.
- Headquarter San Francisco, United States
- Employees 78 as on 31 Dec, 2021
- Founders Chang Kim
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Tapas Aps
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Annual Revenue
$813.55 K (USD)23as on Dec 31, 2018
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Net Profit
$-35.22 K (USD)53as on Dec 31, 2018
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EBITDA
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Total Equity Funding
$10.15 M (USD)
in 7 rounds
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Latest Funding Round
$5 M (USD), Series A
Mar 01, 2018
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Investors
Kakao Entertainment
& 11 more
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Employee Count
78
as on Dec 31, 2021
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Acquired by
Kakao Entertainment
(May 11, 2021)
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Funding Insights of Tapas
Tapas has successfully raised a total of $10.15M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in March 2018. 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 7
- Last Round Series A — $5.0M
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First Round
First Round
(15 Nov 2012)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2018 | Amount | Series A - Tapas | Valuation | ID Ventures , SBI Investment Korea |
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| Aug, 2017 | Amount | Seed - Tapas | Valuation | E&Investment |
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| Jul, 2015 | Amount | Series A - Tapas | 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 Tapas
Tapas has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Kakao Entertainment, SBI Investment Korea and Daum. 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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Tech and life sciences focused VC investment company funding companies in South Korea
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Founded Year | Domain | Location | |
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Sector-agnostic VC firm investing in geographies such as South Korea
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Founded Year | Domain | Location | |
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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 Tapas
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
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 - Tapas
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tapas Comparisons
Competitors of Tapas
Tapas 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 Dashtoon, Comic Smart, Kuaikan Manhua, WEBTOON and Madefire, 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 |
A platform for creating and reading digital comics is provided.
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| domain | founded_year | HQ Location |
Provider of manga and webtoon contents
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| domain | founded_year | HQ Location |
Comics are delivered via an online storytelling platform.
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| domain | founded_year | HQ Location |
Operates an online platform for comics and webtoon content.
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| domain | founded_year | HQ Location |
A storytelling platform featuring motion books to engage users with dynamic digital narratives.
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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 Tapas
Frequently Asked Questions about Tapas
When was Tapas founded?
Tapas was founded in 2012.
Where is Tapas located?
Tapas is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Tapas?
Chang Kim is the current CEO of Tapas. They have also founded this company.
Is Tapas a funded company?
Tapas is a funded company, having raised a total of $10.15M across 7 funding rounds to date. The company's 1st funding round was a Series A of $1M, raised on Nov 15, 2012.
How many employees does Tapas have?
As of Dec 31, 2021, the latest employee count at Tapas is 78.
What is the annual revenue of Tapas?
Annual revenue of Tapas is $813.55K as on Dec 31, 2018.
What does Tapas do?
Tapas was established in 2012 and is headquartered in San Francisco, United States. An online platform is maintained for comics within the digital entertainment sector. A collection of short-form English-language webcomics and webtoons is featured. Publication of works by creators is facilitated through the site. Access to content is enabled via a dedicated mobile application for user engagement.
Who are the top competitors of Tapas?
Tapas's top competitors include Dashtoon, Comic Smart and Kuaikan Manhua.
Who are Tapas's investors?
Tapas has 12 investors. Key investors include Kakao Entertainment, SBI Investment Korea, Daum, ID Ventures, and Medici Ventures.