About ZEPETO
ZEPETO is a company based in Seongnam-si (South Korea) founded in 2018. ZEPETO has raised $154.6 million across 2 funding rounds from investors including SoftBank Vision Fund, JYP Entertainment and SBVA. ZEPETO operates in a competitive market with competitors including IMVU, Meta, VRChat, Hadean and Flam, among others.
- Headquarter Seongnam-si, South Korea
- Stage Unicorn
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Sectors
TechnologyMedia & Entertainment
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Naver Jet Co., Ltd.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$154.6 M (USD)
in 2 rounds
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Latest Funding Round
$150 M (USD), Series B
Nov 30, 2021
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Investors
SoftBank Vision Fund
& 2 more
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Employee Count
Not available
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Funding Insights of ZEPETO
ZEPETO has successfully raised a total of $154.6M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $150 million completed in November 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.
Investors in ZEPETO
ZEPETO has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include SoftBank Vision Fund, JYP Entertainment and SBVA.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in technology and startups.
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Early-stage venture capital arm of SoftBank Group
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K-pop music and artists are developed and produced.
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Locked | Locked | Locked |
Investor details for ZEPETO
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Investments & Acquisitions by ZEPETO
Investment portfolio details for ZEPETO
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Financial Statements - ZEPETO
Detailed financials for ZEPETO
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Zepeto Comparisons
Peer comparison for ZEPETO
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- Named peers
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Competitors of ZEPETO
ZEPETO 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, VRChat, Hadean and Flam, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of an online 3D avatar-based social network
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Metaverse platforms and VR devices are developed for immersive interactions.
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| Locked | Locked | Locked |
Provider of a VR-based social platform
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Provider of a metaverse development platform
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AI-powered mixed reality platform for advertising content is developed.
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Detailed competitors of ZEPETO
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Latest news on Zepeto
Complete news archive for ZEPETO
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Frequently Asked Questions about ZEPETO
ZEPETO was founded in 2018 and raised its 1st funding round 2 years after it was founded.
ZEPETO is headquartered in Seongnam-si, South Korea. It is registered at Seongnam-si, Gyeonggi-do, South Korea.
ZEPETO is a funded company, having raised a total of $154.6M across 2 funding rounds to date.
ZEPETO was founded in 2018 in Seongnam-si, South Korea, as a metaverse social platform focused on 3D character creation. Personalized avatars are generated from user-uploaded photos, with options for adding text, hair styles, face effects, and emojis. These customized elements are shared among friends within the network. The service is accessible via Android and iOS applications, with operations centered in the social technology sector. The primary domain is zepeto.me.
ZEPETO has 3 investors. Key investors include SoftBank Vision Fund, JYP Entertainment, and SBVA.
The valuation of ZEPETO is $1B as of Nov 2021.