GuruShots

Company Overview

Snapshot

Founded in March 2013 by Gilon Miller and Eran Hazout, GuruShots operates with 11–50 employees. The company has raised $5.5 million across two funding rounds, with AltaIR Capital participating in both. GuruShots was acquired by Zedge in April 2022, marking a significant exit in the mobile gaming and photography sector.

Business overview

GuruShots provides a social and educational online gaming platform tailored for photographers of all skill levels. The platform enables users to share their work, engage in live interactive events, and receive recognition through a proprietary blind-voting system. Users can participate in challenges, track progress, connect with peers, and win prizes, operating within the Media & Entertainment Technologies sector, specifically targeting the digital content engagement and gaming industries.

Strategic signal

In April 2022, GuruShots was acquired by Zedge, a move that Zedge announced as a transformational acquisition with the potential to more than double its consolidated revenue. This acquisition signals a strategic validation of GuruShots' gamified photography platform and its strong user base, indicating significant growth potential within the broader digital content and entertainment market for investors and corporate innovation teams.

Company Intelligence Q&A

What was the most significant corporate milestone for GuruShots?

GuruShots was acquired by Zedge in April 2022. This acquisition was highlighted by Zedge as a transformational event with the potential to significantly increase its consolidated revenue.

When did GuruShots secure its Series A funding round and who were the lead investors?

In March 2019, GuruShots secured a Series A funding round. AltaIR Capital led this round, with participation from Buran Venture Capital.

What is GuruShots' core offering for photographers?

GuruShots offers an online platform that functions as a social and educational game for photographers. It allows users to participate in challenges, submit photos, receive real-time feedback through a blind-voting system, and win prizes.

Which investors participated in GuruShots' Seed funding round?

In August 2014, GuruShots received Seed funding. AltaIR Capital was among the investors in this round.

How does GuruShots engage its user base of photographers?

GuruShots engages photographers through live, interactive events and challenges where they can submit photos, receive votes from other users, track their progress, and connect with peers. The platform also offers opportunities to win cash and gear prizes from sponsors.