About Zong
Zong is a company based in Menlo Park (United States) founded in 2000 was acquired by eBay in July 2011.. Zong has raised $15 million across 2 funding rounds from investors including eBay, Felix Capital and Matrix. Zong operates in a competitive market with competitors including Boku, TriumphPay, Zamano, Billtomobile and Paymo, among others.
- Headquarter Menlo Park, United States
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Markmonitor Inc
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Zong
Zong has successfully raised a total of $15M across 2 strategic funding rounds. 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 Last Round
-
First Round
First Round
(26 Apr 2010)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2015 | Amount | Series B - Zong | Valuation |
investors |
|
| Apr, 2010 | Amount | Series A - Zong | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Zong
Zong has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include eBay, Felix Capital and Matrix. 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 |
|---|---|---|---|---|
|
Tech companies are funded by this London-based venture capital firm.
|
Founded Year | Domain | Location | |
|
Early-stage ventures are funded by the investment firm.
|
Founded Year | Domain | Location | |
|
Multi-category consumer products are sold via an online marketplace platform.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Zong
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Zong
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Zong Comparisons
Competitors of Zong
Zong 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 Boku, TriumphPay, Zamano, Billtomobile and Paymo, 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 a global mobile payment network
|
|
| domain | founded_year | HQ Location |
Offers a payment processing platform for the logistics industry.
|
|
| domain | founded_year | HQ Location |
Fluoropolymer coatings, linings, and chemical processing equipment are provided.
|
|
| domain | founded_year | HQ Location |
Mobile business solutions for carrier billing and payments are provided.
|
|
| domain | founded_year | HQ Location |
Manufacturer of spherical roller and other bearings
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Zong
Frequently Asked Questions about Zong
When was Zong founded?
Zong was founded in 2000 and raised its 1st funding round 10 years after it was founded.
Where is Zong located?
Zong is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.
Is Zong a funded company?
Zong is a funded company, having raised a total of $15M across 2 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Apr 26, 2010.
What does Zong do?
Zong was founded in 2000 in Menlo Park, United States, as a mobile payments company focused on the fintech sector. Micropayments for virtual goods, particularly in online games, were processed through integration with postpaid mobile phone bills. Operations involved partnerships with 250 carriers worldwide, reaching 3.2 billion users. The company was acquired by PayPal in 2011.
Who are Zong's investors?
Zong has 3 investors. Key investors include eBay, Felix Capital, and Matrix.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.