About World Golf Tour
World Golf Tour is a company based in San Francisco (United States) founded in 1995. It operates as a Freemium. World Golf Tour has raised $10 million across 2 funding rounds from investors including Icon Ventures, Panorama Capital and Battery Ventures. The company has 55 employees as of December 31, 2022. World Golf Tour offers products and services including WGT Golf. World Golf Tour operates in a competitive market with competitors including Playtika, Playco, Giant Interactive Group, Xindong Network and Nifty Games, among others.
- Headquarter San Francisco, United States
- Employees 55 as on 31 Dec, 2022
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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 World Golf Tour
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 2 rounds
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Latest Funding Round
$10 M (USD), Series C
Mar 17, 2010
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Investors
Icon Ventures
& 2 more
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Employee Count
55
as on Dec 31, 2022
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Products & Services of World Golf Tour
World Golf Tour offers a comprehensive portfolio of products and services, including WGT Golf. 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.
A realistic online golf game is offered for players.
Funding Insights of World Golf Tour
World Golf Tour has successfully raised a total of $10M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $10 million completed in March 2010. 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 C — $10.0M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2010 | Amount | Series C - World Golf Tour | Valuation |
investors |
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| May, 2008 | Amount | Series B - World Golf Tour | 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 World Golf Tour
World Golf Tour has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Icon Ventures, Panorama Capital and Battery 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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Early & later stage venture capital firm investing in the US
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Founded Year | Domain | Location | |
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Investments in technology companies are conducted globally by Battery Ventures.
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Founded Year | Domain | Location | |
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Sector-agnostic growth stage VC investment company funding companies in the US and Asia
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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 World Golf Tour
| 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 - World Golf Tour
| 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 |
World Golf Tour Comparisons
Competitors of World Golf Tour
World Golf Tour 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 Playtika, Playco, Giant Interactive Group, Xindong Network and Nifty Games, 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 |
Casual games are developed for mobile and web platforms.
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| domain | founded_year | HQ Location |
Developer of social web games for PC and console
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| domain | founded_year | HQ Location |
MMO games are developed by a China-based company.
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| domain | founded_year | HQ Location |
Web-based PC games are developed by Xindong Network.
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| domain | founded_year | HQ Location |
Mobile sports games are developed by Nifty Games.
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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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Frequently Asked Questions about World Golf Tour
When was World Golf Tour founded?
World Golf Tour was founded in 1995 and raised its 1st funding round 13 years after it was founded.
Where is World Golf Tour located?
World Golf Tour is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is World Golf Tour a funded company?
World Golf Tour is a funded company, having raised a total of $10M across 2 funding rounds to date.
How many employees does World Golf Tour have?
As of Dec 31, 2022, the latest employee count at World Golf Tour is 55.
What does World Golf Tour do?
A realistic online golf simulation is offered by World Golf Tour, targeting sports gaming enthusiasts. Famous golf courses are recreated using cutting-edge GPS and 3D technology. The game is accessible across multiple platforms including Windows, Mac, iOS, Android, and Amazon devices. Various gameplay modes such as head-to-head multiplayer and country club participation are supported. Virtual golf equipment from leading brands like Callaway and TaylorMade is featured in the Pro Shop.
Who are the top competitors of World Golf Tour?
World Golf Tour's top competitors include Playco, Playtika and Giant Interactive Group.
What products or services does World Golf Tour offer?
World Golf Tour offers WGT Golf.
Who are World Golf Tour's investors?
World Golf Tour has 3 investors. Key investors include Icon Ventures, Panorama Capital, and Battery Ventures.
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