K
Kumu
A powerful social media platform that brings the voices of Filipinos from all over the globe at the forefront
About Kumu
Kumu is a leading social entertainment application based in the Philippines, designed and developed by Filipinos. The company's primary mission is to provide a platform that promotes Filipino voices globally, fostering a vibrant online culture filled with positivity and possibilities. The platform serves a diverse range of clients, including individuals seeking entertainment, social interaction, and a sense of community.
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Operating in the rapidly expanding market of social entertainment, Kumu has successfully raised over $100 million in Series C funding, led by General Atlantic, a renowned global growth equity firm. This funding round signifies the potential of Kumu's business model and its capacity to scale internationally.
Kumu's business model revolves around its virtual currency system, which includes Coins, Diamonds, and Gifts. Users can purchase these virtual items to use within the app, creating a revenue stream for the company.
In addition to its entertainment offerings, Kumu places a high emphasis on user privacy. The company is committed to complying with data privacy laws and standards, ensuring the protection of user data. It has implemented clear policies regarding the collection, categorization, and transfer of user data, with enhanced transparency measures in place.
In summary, Kumu is a social entertainment platform that champions Filipino voices, operates in a growing market, and has a robust business model backed by significant funding. The company also prioritizes user privacy, ensuring a safe and secure environment for its users.
At a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Mandaluyong, Philippines
- Employees
- 260
- Open positions
- None listed
- Dealroom signal
- 65.8/100
- Industry
- Gaming, Media
- Sub-industry
- Social media, Streaming, Mobile Gaming
- Sector
- Gaming, Streaming, Mobile Gaming, creator economy, Social Gaming, Digital Entertainment
- Technology
- Artificial Intelligence, Big Data
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
Latest news
Press, funding announcements and product moves mentioning Kumu.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Oct 2021 | $74M | $295M | Susquehanna International Group · Openspace Ventures · General Atlantic | ↗ |
| SERIES BOther financing | Jun 2021 | — | — | Kickstart Ventures · Summit Media · Endeavor Catalyst · Openspace Ventures | — |
Growth signals
Latest recorded traffic for Kumu is 16K monthly website visits, up 45.5% over the last three months. Kumu's team declined 6.1% over the past year.
Open positions
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Summit Media
Foxmont Capital Partners
Series A9 investors entered at this stage
ABS-CBN
Openspace Ventures
Core Innovation Capital
Kickstart Ventures
Endeavor Catalyst
SIG Group- GFGobi-Core Philippine Fund
- HMHM Investment Management
Gentree Fund
Series B and later2 investors entered at this stage
General Atlantic
Susquehanna International Group
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Kumu on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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