Kumu is a livestreaming app targeting GenZ & Millennial Filipinos. With the slogan "Go Live. Make Friends. Have Fun!", the app offers a Social TV, virtual gifts economy, and live commerce platform, empowering Filipino content creators globally. Since its launch in 2018, Kumu has gained over 6 million registered users in 55+ countries. The initiative has garnered huge support, evident through the $73.60M Series C investment secured on 26 October 2021, backed by General Atlantic, Openspace Ventures, Foxmont Capital Partners, and Susquehanna International Group (SIG).
With its emphasis on fostering community engagement and creator empowerment, Kumu seamlessly integrates livestreaming with social interaction and e-commerce, tapping into the burgeoning digital economy. The company's remarkable growth, evident in its user base and global reach, positions it as a lucrative investment opportunity for venture capitalists seeking exposure to the burgeoning Filipino tech market. The recent substantial Series C investment further solidifies Kumu's position and growth prospects, presenting an attractive investment proposition for venture capitalists looking to capitalize on the burgeoning digital content and e-commerce landscape in the Philippines and beyond.
Kumu
Go Live. Make Friends. Have Fun!
Founded 2018
Philippines
305 employees
Series C
Total: $93.95M
E-Commerce, Entertainment +3
Philippines
305 employees
Series C
Total: $93.95M
E-Commerce, Entertainment +3
General Information
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Philippines Market
E-Commerce
About Kumu
Taxonomy: livestreaming app, GenZ, Millennial, Filipinos, Social TV, virtual gifts, economy, live commerce platform, content creators, global reach, user engagement, community building, global expansion
Funding Rounds & Investors (6)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Series C | $73.60M | 4 |
|
26 Oct 2021 |
| Series B | $15.00M | 5 |
|
26 Mar 2021 |
| Series A | $5.00M | 6 |
|
14 Apr 2020 |
| Venture Round | Unknown | 3 |
|
30 Aug 2019 |
| Seed Round | Unknown | 4 |
|
07 Dec 2018 |
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FAQ About Kumu
Go Live. Make Friends. Have Fun!
Kumu was founded in 2018.
Kumu is headquartered in Philippines.
Kumu operates in the following industries: E-Commerce, Entertainment, Social Media, Media, Streaming.
Kumu has approximately 305 employees.
Kumu has completed 6 funding rounds, raising a total of $93.95M. The latest funding stage is Series C.
Top alternatives and competitors to Kumu include ECO Animal Health, Rotex Automation Limited, EC CARGO, Dealxlink, Agency Trust LTD. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Kumu and ECO Animal Health are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.
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