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
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Naver Jet Co., Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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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
Employee Count
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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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $150.0M
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First Round
First Round
(05 Dec 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series B - ZEPETO | Valuation | SoftBank Vision Fund | |
| Dec, 2020 | Amount | Series A - ZEPETO | Valuation | JYP Entertainment |
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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 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. 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 investments in technology and startups.
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Founded Year | Domain | Location | |
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Early-stage venture capital arm of SoftBank Group
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Founded Year | Domain | Location | |
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K-pop music and artists are developed and produced.
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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 ZEPETO
| 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 - ZEPETO
| 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 |
Zepeto Comparisons
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. 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 |
Provider of a VR-based social platform
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| domain | founded_year | HQ Location |
Provider of a metaverse development 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 |
|---|---|---|---|---|
| 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 Zepeto
Frequently Asked Questions about ZEPETO
When was ZEPETO founded?
ZEPETO was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is ZEPETO located?
ZEPETO is headquartered in Seongnam-si, South Korea. It is registered at Seongnam-si, Gyeonggi-do, South Korea.
Is ZEPETO a funded company?
ZEPETO is a funded company, having raised a total of $154.6M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4.6M, raised on Dec 05, 2020.
What does ZEPETO do?
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.
Who are ZEPETO's investors?
ZEPETO has 3 investors. Key investors include SoftBank Vision Fund, JYP Entertainment, and SBVA.
What is ZEPETO's valuation?
The valuation of ZEPETO is $1B as of Nov 2021.
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