Snap! Mobile Funding, Investors & Competitors

Duolingo Inc is a technology company that develops a mobile learning platform to learn languages and is the top-grossing app in the Education category on both Google Play and the Apple App Store. Its products are powered by sophisticated data analytics and artificial intelligence and delivered with class art, animation, and design to make it easier for learners to stay motivated master new material, and achieve their learning goals. Its solutions include the Duolingo Language Learning App, Super Duolingo, Duolingo English Test: AI-Driven Language Assessment, Duolingo For Schools, Duolingo ABC, and Duolingo Math. It has four predominant sources of revenue; time-based subscriptions, in-app advertising placement by third parties, and the Duolingo English Test, and In-App Purchases.

ByteDance is a Chinese internet technology company headquartered in Haidian, Beijing, and best known as the owner of the short-video apps TikTok and its Chinese counterpart Douyin. It was founded on 13 March 2012 by Zhang Yiming and Liang Rubo; its first app, Neihan Duanzi, launched that month and the news-aggregation app Toutiao followed in August 2012 and became its core product. It went global by buying musical.ly in November 2017 for an estimated US$1 billion and merging it into TikTok in 2018. Other products include the video editor CapCut, the enterprise collaboration suite Lark, the Volcano Engine cloud service, the Doubao chatbot and Seed AI models, Xigua Video, the Nuverse games unit and PICO virtual-reality headsets. The company earns mostly from advertising and e-commerce on its platforms; its revenue was about US$155 billion in 2024, and it employed about 120,000 people in 2025. It is privately held, with Zhang Yiming holding over 50% of voting control and Sequoia Capital, SoftBank and KKR among its shareholders. It invests and acquires actively, having bought Moonton Studios in 2021 and Oladance in 2024 and invested in Korea's KidariStudio in 2022.

Telegram is a cloud-based instant messaging platform supporting text, voice, video calls, file sharing up to 2GB, and channels for broadcasts to unlimited subscribers. Available on iOS, Android, Windows, macOS, and Linux, it offers end-to-end encrypted Secret Chats, self-destructing messages, and bot APIs for automation. Telegram operates servers in multiple data centers worldwide, serving users across 200 countries with synchronization across unlimited devices.

Bending Spoons SpA acquires and operates digital businesses, focusing on business transformation and operational optimization. Its activities include acquiring companies, implementing operational improvements, and reinvesting in additional acquisitions. The company owns AOL, Brightcove, Eventbrite, Evernote, Harvest, Komoot, Meetup, Remini, StreamYard, Vimeo, and WeTransfer. The majority of revenue is derived from subscriptions, by selling term-based access to its products to individuals and organizations, and the rest from advertising and other sources.

Kakao Corp is a technology and platform company engaged in digital services, content, mobility, and financial technology businesses. The company operates through seven reportable segments. The Kakao segment provides advertising and platform-based service offerings. The Kakao Games segment covers game development, publishing, and related services. The Kakao Entertainment segment focuses on entertainment planning and content production, and distribution. Kakao Mobility offers database-based information provision services, while Kakao Pay provides mobile platform-based financial services. Kakao Piccoma operates a platform for webtoon and web-novel supply, and the SM Entertainment segment engages in entertainment planning and content production.

Match Group Inc is a provider of online dating products. The company's portfolio of brands includes Tinder, Hinge, Match, Meetic, OkCupid, Pairs, Plenty Of Fish, Azar, BLK, and more, each built to increase its user's likelihood of connecting with others. The company has four operating segments: Tinder, Hinge, Evergreen and Emerging, and Match Group Asia. The company generates the majority of its revenue from the Tinder segment.

Kunlun Tech Co Ltd engages in the development and distribution of online games in China. It also operates software application stores. The company develops and distributes web games, social games, mobile games, and software applications. Geographically, the company distributes its products in domestic and overseas markets.

Kakao Japan, renamed Kakao Piccoma Corporation in November 2021, is the Tokyo-based Japanese subsidiary of South Korea's Kakao that operates Piccoma, a digital manga and webtoon platform. The company was established in 2011 to promote Kakao's messaging services in Japan and launched Piccoma in April 2016 for smartphones, tablets and personal computers. Piccoma sells individual chapters of Japanese manga and translated Korean webtoons from Kakao's content businesses, and lets readers unlock some chapters free after waiting 24 hours; it earns revenue mainly from paid chapter purchases. Piccoma has been the top-grossing comic app in Japan since July 2020, and in May 2021 the company raised about KRW 600 billion from Anchor Equity Partners and overseas sovereign wealth funds at a valuation of about KRW 8.8 trillion. Kakao remains the controlling shareholder, with Kakao Entertainment holding a further stake. The company opened a French-language Piccoma service in Europe but closed it in September 2024 to concentrate on Japan.

Doctolib is a healthcare technology company that runs an online platform on which patients book appointments with doctors, dentists, nurses and other practitioners, and sells practice-management software to those practitioners. Its subscription product covers agenda and patient management, electronic patient records, video consultation, secure messaging and tools for hospitals and clinics, while patients use the service free of charge. The company earns most of its revenue from monthly subscriptions paid by healthcare professionals and from software sold to health facilities. Doctolib was founded in 2013 by Stanislas Niox-Chateau and partners and is headquartered in Paris. It operates in France, Germany and Italy and entered the United Kingdom through an acquisition. It has grown partly through acquisitions of booking, communication and artificial intelligence businesses, and it develops clinical assistant tools based on language models.

Kakao Mobility is a South Korean mobility platform operator headquartered in Seongnam, in the Pangyo technology district. It was set up as an independent company in 2017 when Kakao Corp separated its taxi, driver and navigation businesses and a consortium led by TPG invested KRW 500 billion. Its main product is the Kakao T app, which offers taxi hailing, designated drivers, parking, navigation, bike and shuttle services and delivery to tens of millions of registered users. Kakao Corp remains the largest shareholder, with financial investors including TPG, Carlyle, Google and LG holding the rest. The company has grown partly through acquisitions, including the HD mapping start-up Stryx, the digital signage business Plus TV, the parking operator GS Park24 and, in 2023, the British mobility software company Splyt, its first overseas takeover. It also invests in autonomous driving and mobility start-ups in Korea and Japan.

East Buy Holding Ltd is a live-streaming platform that focuses on selecting premium products for customers. The company operates in three reportable segments: Private Label Products and Livestreaming E-Commerce, College Education, and Institutional Customers. The majority of its revenue comes from private label products and the direct e-commerce segment, i.e., direct online commerce with private label products sold to individual customers and providing commission services.

Patreon is a San Francisco-headquartered membership platform empowering over two million creators with recurring fan support. Launched in 2013, it hosts podcasts, videos, art, and music, allowing patrons to fund exclusive content through monthly pledges. The service processes billions in payouts annually, serving artists in gaming, writing, and visual media worldwide.

Yello Mobile is a Seoul-based mobile apps platform that aggregates more than 80 startups under its SMATO framework, spanning shopping, media, advertising, travel, and offline-to-online services. Key products include the shopping search app Coocha and digital media platform Pikicast. At its peak, Yello Mobile served roughly 18 million monthly active users in South Korea, about a third of the country's population.

Life360 is the world’s largest family focused social network, with nearly 100 million monthly active users. Security-conscious families use the Life360 app to track each other’s whereabouts and to track the location of their pets and personal belongings. Life360 also offers a suite of additional security features, such as driver safety monitoring, roadside assistance, and emergency dispatching. In the US, the Life360 app regularly ranks in the top 10 most popular social-networking apps and in the top 25 across all apps in terms of daily active users.

Stride Inc is a technology company providing an educational platform to deliver proprietary and third-party curriculum, software systems, and educational services designed to facilitate individualized learning for students and adults throughout the U.S. The platform delivers products and services to attract, enroll, educate, track progress, and support students. It provides customized solutions to public and private schools, school districts, charter boards, employers, government agencies, and consumers. Its platform addresses two markets in the K-12 space: General Education and Career Learning, with products and services for the General Education market predominantly focused on core subjects for kindergarten through twelfth grade students.

Miaopai is a Beijing-headquartered developer of mobile applications for short video sharing and editing. Its core app allows users to record, customize, and upload 15-second clips with filters, music, and effects, integrated with Sina Weibo for wider distribution. Acquired by Yixia Technology in 2015, Miaopai supports live streaming and community challenges. The platform originated from Xuanyixia Technology founded in 2011 by Chan Sheng and Han Kun, establishing a presence in China's social video market.

ofo was a Beijing-based dockless bike-sharing company that let users rent bicycles on demand through a mobile app and IoT-enabled smart locks. It positioned itself as a convenient, affordable, eco-friendly alternative to car travel for urban commuters across China, later expanding internationally. At its peak, ofo had deployed 6.5 million bicycles across 150 cities and served more than 20 million registered users, with as many as 25 million rides per day.

COL Global Co Ltd is a digital cultural content industry group in China. Its core businesses include digital content production, copyright distribution, IP derivatives, and intellectual property protection.