OpenWeb Valuation, Funding & Investors

Strava is a San Francisco-headquartered mobile app for athletes tracking runs, bike rides, hikes, and swims via GPS, aggregating data on distance, elevation, and pace. The platform hosts 100 million user accounts, integrates with Garmin and Apple Watch devices, and organizes virtual challenges with leaderboards across segments in 190 countries.

DeNA Co Ltd is a social media service provider in Japan. It generates majority of the portion of its revenue by providing social media and Internet marketing-related services through its Social Media segment. The E-commerce segment offers E-Commerce related services, including the operation of auction shopping and cellular phone websites under the names DeNA shopping and Mobaoku, respectively. The Others segment is engaged in travel agency and insurance agency services, and professional baseball related business. The company has its primary market in North America.

Webtoon Entertainment Inc is a storytelling platform where a vibrant community of creators and users discover, create and share new content. It has pioneered a cultural movement by revolutionizing the storytelling format and democratizing content creation and publication connecting creators with active users around the world.

Weibo Corp is a China-based company mainly engaged in the social media advertising business for people to create, discover and distribute content. The company's activities include Advertising and Marketing, which mainly provides a full range of advertising customization and marketing solutions. The Value-added Services mainly provide services such as membership services on social platforms, online games, live broadcasts, social e-commerce, and others. The Company's main product is the social platform Weibo.

mixi Inc is a Japanese company which provides social networking services. The company conducts its business activities mainly including the operation of websites and provision of native smartphone games on the Internet. It business segments include, Entertainment Business and Media Platform Business. mixi provides games mainly including native smartphone games through Entertainment Business, and operates business-to-consumer and consumer-to-consumer services utilizing the Internet and invests in operating companies of these services through Media Platform Business.

Newborn Town Inc is a mobile app developer and mobile advertising platform services. The company operates through two segments namely, Innovative business and Social networking business. The company generates the majority of revenue from the Social networking business segment.

Barq is a platform that integrates financial tools with social networking capabilities aimed at the furry community.

IRL is a San Francisco-headquartered social discovery app launched in 2019 for joining interest-based groups, chatting, and planning events. Users create or follow communities around hobbies like hiking or gaming, host virtual and in-person meetups with polls and GIFs, and connect via direct messages. Available on iOS and Android, IRL emphasizes real-life interactions through geolocated events, serving millions of young adults in the US and Europe with privacy-focused features.

Mafengwo is a Beijing-headquartered online travel platform featuring user-generated content with over 10 million travel guides covering 95 percent of global destinations. The site aggregates reviews for hotels, flights, and itineraries while integrating booking services from partners like Ctrip and Booking.com. Mafengwo serves more than 100 million monthly active users in China, offering visa assistance, insurance options, and travel deals. Acquired by Trip.com Group in 2015, it continues to expand social features and mobile apps downloaded over 100 million times.

hOp is a hyper-local community platform headquartered in Austin, Texas, founded in 2015, enabling neighbors to build customized online groups. Its app fosters communication for local events, marketplace sales, and neighborhood alerts, achieving five times the engagement of traditional social media in targeted areas.

Babytree is a Shanghai-headquartered parenting community and e-commerce platform dominating China's maternity market. Launched in 2007, it hosts forums for peer advice, expert Q&A on weaning and vaccinations, and online sales of diapers, apparel, and gear from brands like Pampers and Johnson's, reaching urban families in Beijing, Guangzhou, and beyond via babytree.com.

Clubhouse is a San Francisco-headquartered audio social network enabling live, drop-in voice conversations in topic-based rooms. Launched in beta in 2020, it gained 10 million weekly active users by early 2021 through invites-only access on iOS. Features include speaker-listener modes, recordings, and spatial audio, attracting celebrities and creators discussing tech, music, and news worldwide.

Lamabang is a Beijing-based social network and e-commerce platform tailored for women navigating pre-pregnancy, pregnancy, childbirth, and early parenting phases. The site combines editorial articles, discussion forums, and a Weibo-inspired news feed covering fashion, healthcare, lifestyle topics alongside motherhood content.

Maimai is a Beijing-based professional social networking platform launched in 2013 that connects Chinese career professionals. It facilitates job searching, networking, and industry discussions surpassing LinkedIn in user engagement within China. Features include anonymous posting, company insights, and salary benchmarking tools tailored to the domestic market.

New York-based mobli is a visual media sharing platform organized into channels for people, places, and topics. Launched in 2012 with backing from Leonardo DiCaprio, it enabled real-time photo and video discovery via algorithmic feeds, attracting partnerships with Time Inc. and reaching 15 million users before pivoting.

NAVER Z is a South Korean technology company operating ZEPETO, a metaverse platform with over 400 million registered users that enables creation of customizable 3D avatars using facial recognition, AR, and AI technologies. Founded by Naver through its Snow subsidiary and spun off in 2020, the platform allows users to design avatars, explore virtual worlds, create and sell digital fashion items, livestream, and socialize across age, gender, and geographic boundaries.

Nextdoor Holdings Inc is a neighborhood network that connects Verified Neighbors to the people, places, and information that matter in their local communities. The platform provides locally relevant content and services, including news, real-time safety alerts, neighbor recommendations, for sale and free listings, and events, supporting high-intent local engagement. Its platform is powered by geospatial technology and a proprietary advertising system that enables businesses of all sizes to reach audiences with a local focus. The company supports a broad ecosystem of partners, including small businesses, national brands, publishers, and civic and government agencies. It operates in the United States, which generates the majority of its revenue, as well as in International markets.