About Woozworld
Woozworld is a company based in Montreal-est (Canada) founded in 2010 was acquired by Spil Games in June 2019.. Woozworld has raised $9 million across 2 funding rounds from investors including Spil Games, Telesystem and Inovia Capital. Woozworld offers products and services including Woozworld App. Woozworld operates in a competitive market with competitors including IMVU, Meta, Decentraland, ZEPETO and VRChat, among others.
- Headquarter Montreal-est, Canada
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Sectors
TechnologyMedia & Entertainment
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9 M (USD)
in 2 rounds
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Latest Funding Round
$6 M (USD), Series B
Aug 30, 2011
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Investors
Spil Games
& 2 more
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Employee Count
Employee Count
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Acquired by
Spil Games
(Jun 01, 2019)
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Products & Services of Woozworld
Woozworld offers a comprehensive portfolio of products and services, including Woozworld App. 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.
Mobile application for virtual fashion and fame interactions.
Funding Insights of Woozworld
Woozworld has successfully raised a total of $9M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $6 million completed in August 2011. 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 Series B — $6.0M
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First Round
First Round
(10 May 2010)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2011 | Amount | Series B - Woozworld | Valuation |
investors |
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| May, 2010 | Amount | Series A - Woozworld | 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 Woozworld
Woozworld has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Spil Games, Telesystem and Inovia Capital. 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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Telesystem is engaged in investment and innovation across sectors.
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Founded Year | Domain | Location | |
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Investments are made in early-stage technology companies by Inovia Capital.
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Founded Year | Domain | Location | |
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Casual mobile and web games are published by Spil Games.
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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 Woozworld
| 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 - Woozworld
| 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 |
Woozworld Comparisons
Competitors of Woozworld
Woozworld 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, Meta, Decentraland, ZEPETO and VRChat, 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 |
Provider of an online 3D avatar-based social network
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| domain | founded_year | HQ Location |
Metaverse platforms and VR devices are developed for immersive interactions.
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| domain | founded_year | HQ Location |
Virtual world games are facilitated through an NFT-based platform.
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| domain | founded_year | HQ Location |
Metaverse social platform offering 3D character creation
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| domain | founded_year | HQ Location |
Provider of a VR-based social platform
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| domain | founded_year | HQ Location |
AI-powered mixed reality platform for advertising content is developed.
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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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Latest news on Woozworld
Frequently Asked Questions about Woozworld
When was Woozworld founded?
Woozworld was founded in 2010.
Where is Woozworld located?
Woozworld is headquartered in Montreal-est, Canada. It is registered at Montreal-est, Quebec, Canada.
Is Woozworld a funded company?
Woozworld is a funded company, having raised a total of $9M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on May 10, 2010.
What does Woozworld do?
Woozworld was established in 2010 in Montreal Est, Canada, as a provider in the social virtual and gaming sector. A platform is offered where users create and customize avatars, engage in online gameplay, and participate in community interactions. Connections with other players are facilitated through chats, friend invitations, and virtual hangouts, alongside entry into contests and events. Operations focus on enabling digital social experiences within a virtual environment.
Who are the top competitors of Woozworld?
Woozworld's top competitors include ZEPETO, IMVU and Decentraland.
What products or services does Woozworld offer?
Woozworld offers Woozworld App.
Who are Woozworld's investors?
Woozworld has 3 investors. Key investors include Spil Games, Telesystem, and Inovia Capital.