About Topia
Topia is a company based in United States founded in 2020. It operates as a SaaS (Software-as-a-Service), Subscription Services, and EduTech. Topia has raised $6 million across 2 funding rounds from investors including Seven Seven Six and Bonfire Ventures. Topia offers products and services including Topia Virtual Worlds, SchoolSpace, MetaverseCloud, and RTSDK. Topia operates in a competitive market with competitors including Gather, Multi, Roam, Sketch and Tonari, among others.
- Headquarter United States
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Sectors
TelecommunicationsTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Topia Interactive Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6 M (USD)
in 2 rounds
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Latest Funding Round
$5.6 M (USD), Seed
May 26, 2021
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Investors
Seven Seven Six
& 1 more
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Employee Count
Employee Count
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Products & Services of Topia
Topia offers a comprehensive portfolio of products and services, including Topia Virtual Worlds, SchoolSpace, MetaverseCloud, and RTSDK. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Custom virtual worlds are created for social engagement.
Virtual campuses are provided for K-12 student interaction.
Cloud solutions are offered for virtual world hosting.
SDK is provided for custom app development integration.
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Funding Insights of Topia
Topia has successfully raised a total of $6M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $5.6 million completed in May 2021. 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 Seed — $5.6M
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First Round
First Round
(22 Oct 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Seed - Topia | Valuation | Seven Seven Six | |
| Oct, 2020 | Amount | Seed - Topia | Valuation |
investors |
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| 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 Topia
Topia has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Seven Seven Six and Bonfire 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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Venture capital fund focused on investing in technology startups
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Founded Year | Domain | Location | |
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Investments are directed toward early-stage companies by Bonfire Ventures.
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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 Topia
| 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 - Topia
| 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 |
Topia Comparisons
Competitors of Topia
Topia 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 Gather, Multi, Roam, Sketch and Tonari, 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 |
Cloud-based video conferencing solutions are offered by Gather.
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| domain | founded_year | HQ Location |
Virtual collaboration spaces for enterprises are provided via multi-device applications.
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| domain | founded_year | HQ Location |
Cloud-based virtual spaces are offered for enterprise collaboration and meetings.
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| domain | founded_year | HQ Location |
Product design & prototyping toolkit
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| domain | founded_year | HQ Location |
Virtual collaboration software and hardware are provided for teams.
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| domain | founded_year | HQ Location |
A cloud-based VR/AR platform for virtual professional collaboration is offered.
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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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| 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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Frequently Asked Questions about Topia
When was Topia founded?
Topia was founded in 2020.
Where is Topia located?
Topia is headquartered in United States.
Is Topia a funded company?
Topia is a funded company, having raised a total of $6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $406K, raised on Oct 22, 2020.
What does Topia do?
Topia is engaged in developing custom virtual worlds for real-time social experiences. Solutions are provided across sectors like education, corporate training, marketing, gaming, and virtual offices. Interactive platforms are built to enhance collaboration, communication, and community engagement. Services include virtual campuses for K-12 and higher education, onboarding tools for employees, and social spaces for marketing and gaming communities. Accessibility and scalability are emphasized, with no hardware requirements and support for thousands of users per world.
What products or services does Topia offer?
Topia offers Topia Virtual Worlds, SchoolSpace, MetaverseCloud, and RTSDK.
Who are Topia's investors?
Topia has 2 investors. Key investors include Seven Seven Six, and Bonfire Ventures.