Company profile: Snap
1.1 - Company Overview
Company description
- Provider of a social networking and augmented reality platform offering the Snapchat app for image messaging, chat, and video calls; AR Lenses and Filters; Stories; Spotlight for short videos; Snapchat+ subscription with custom app icons, badges, and early access to new features; and Snapchat Web for chatting, snapping, and video calls from a computer.
Products and services
- Snapchat App: Real-time social networking app enabling image sending, text chat, and friend-to-friend video calls within a free image messaging environment
- Lenses and Filters: AR-powered features enabling users to apply visual effects and filters to photos and videos for enhanced, camera-based augmentation
- Stories: Time-bound feature where users post photos and videos that are visible to their friends for 24 hours
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Snap
Craiyon
HQ: United States
Website
- Description: Provider of a free AI image generator that creates unique art from text prompts using in-house developed technology, plus a background remover that automatically removes image backgrounds with options for different background colors. Offers subscription plans for faster processing, no ads, high priority, and private image generation, and Craiyon Search to find AI-generated images from its database.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
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Pass Gallery
HQ: United States
Website
- Description: Provider of software development services.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Tautachrome
HQ: United States
Website
- Description: Provider of blockchain-enabled Internet technology for image and video verification and AR-driven mobile commerce. Offers KlickZie, a smartphone application that certifies authenticity and lets users own, verify, socially engage, and monetize digital content; ARknet, an augmented reality and blockchain platform for social interactions and business transactions; and XAR, a cryptocurrency for ARknet's digital economy.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Kittl
HQ: Germany
Website
- Description: Provider of a design platform for creatives to create personal and commercial designs, featuring AI-powered tools and mockups to generate vector logo icons, images, and clipart from text prompts; advanced text editing; magic recoloring; thousands of ready-to-use customizable templates; and an extensive drag-and-drop library of illustrations, fonts, photos, icons, textures, frames, and shapes.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Bubbli
HQ: United States
Website
- Description: Provider of a mobile photography application for making spherical “bubbles,” enabling mobile phones to capture 3-dimensional, full-around views and bringing the real world to the flat web.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Bubbli company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Snap
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Buyer group 2: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████
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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Snap
2.2 - Growth funds investing in similar companies to Snap
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4 - Top valuation comps for Snap
4.2 - Public trading comparable groups for Snap
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