# GetJar

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/getjar

- Industry: Internet
- Headquarters: San Mateo, US
- Website: www.getjar.com
- Total disclosed funding: $42M
- Latest round: Series C (Feb 23, 2011)
- Investors on record: 2

## About

GetJar, Inc. is an open app store that enables users to conveniently access and download a wide array of mobile applications, games, and themes, enhancing device functionality and user experience.GetJar, Inc. operates as a mobile application distribution platform, facilitating the download of applications across various devices. Founded in San Mateo, US, the company has undergone significant changes in its business operations and was acquired in February 2014 by Sungy Mobile for USD 5.3 million. The acquisition was led by Sungy Mobile and included investments from Beijing Qihu Keji Co. Ltd. and Kingsoft. To date, GetJar has raised a total of USD 25.00 mn across several funding rounds, with four significant transactions noted in its history.GetJar functions as a prominent open app store, providing a centralized platform for users to download a diverse range of mobile applications, games, and themes. The core offerings include both free and paid apps, ensuring easy access for users seeking to enhance their devices' functionality. Notable applications offered include TinyTask, an automation tool for Windows; Among Us, a collaborative multiplayer game; and Mavis Beacon Free, a personalized typing tutor. GetJar serves a global audience, actively catering to markets in North America, Europe, and parts of Asia.GetJar's revenue model is centered around the distribution of applications through its platform, engaging in transactions with app developers and advertisers. The company partners with developers to host their applications, employing revenue-sharing agreements that enable developers to earn a percentage of income from in-app purchases or advertisements. Additionally, GetJar provides premium advertising placements for developers aiming to enhance their visibility, leveraging a business model that supports both direct-to-consumer sales and B2B partnerships for app distribution and monetization.GetJar plans to leverage its recent acquisition by Sungy Mobile to enhance its platform and expand its offerings. The company aims to introduce new products and features to improve user experience in the upcoming year. Furthermore, GetJar intends to explore expansion into emerging markets in Asia and Europe, targeting these regions by the end of 2015. The recent funding will be utilized to support these initiatives, including product development and market entry strategies following the acquisition.

## Funding rounds

- Series C, Feb 23, 2011, $25M — Accel, Tiger Global Management
- Series B, Jun 23, 2010, $11M — Accel
- Series A, Nov 7, 2007, $6M — Accel

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series A, Series B, Series C
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series C