Details

Last Funding Type

Initial Coin Offering

Last Funding Money Raised

$100M

Industries

Messaging,Mobile,Social Media,Video Chat,Wireless

Founded date

Jan 1, 2009

Number Of Employee

101 - 250

Operating Status

Active

Kik was founded in 2009, when a small group of University of Waterloo students decided to build a company that would shift the center of computing from the PC to the phone.

Based in Waterloo, Ontario, the company now has more than 100 employees working on Kik, a chat app that lets users connect with people, services, and businesses.

Kik is backed by major venture capitalists and has raised $120.5M to date. Its VCs are the same firms that first helped Twitter, Foursquare, Zynga and others become household names. China's Tencent, maker of WeChat, is a strategic investor.

Kik has more than 300 million registered users. According to a study by Frank N. Magid Associates, Kik users spend 35 minutes per session in the app.

More than 40% of young Americans are actively using Kik as their primary messenger app.

Kik has acquired 1 organizations. Their most recent acquisition was Rounds on Jan 27, 2017. They acquired Rounds for 0.

Date Company Name	Industry	Acquisition Type	Price
Jan 27, 2017 Rounds	Internet	acquisition	—	Detail