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§ Private Profile · Seoul, Seoul-t'ukpyolsi, South Korea
YAP is a technology company.
Yap develops cloud-based speech recognition technology, pioneering the world's first fully automated, highly accurate platform delivered via the cloud. This core offering converts spoken language into text, serving as a fundamental component for diverse voice-enabled applications. Its technical approach emphasizes scalability and precision in processing auditory data.
Founded in 2006 by brothers Igor R. Jablokov and Victor R. Jablokov, Yap emerged from an insight into the growing demand for accessible voice-to-text solutions. The Jablokovs recognized the potential for a cloud-native approach, shifting speech processing off-device to a more robust and scalable infrastructure. Their entrepreneurial vision set a new standard for voice technology.
Enterprises across various sectors utilize Yap's platform to integrate sophisticated voice processing into their operations. The company’s vision centers on democratizing access to high-quality speech recognition, fostering wider adoption by providing reliable infrastructure. This strategy aims to unlock new possibilities for natural human-computer interaction.
YAP has raised $4.7M across 2 funding rounds.
YAP has raised $4.7M in total across 2 funding rounds.
YAP has raised $4.7M across 2 funding rounds. Most recently, it raised $150K Pre-Seed in May 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 10, 2023 | $150K Pre Seed | RYO Umezawa | — | Announced |
| Apr 22, 2020 | $4.5M Series A | Dirk VAN Quaquebeke | Alok Mittal, Amrish RAU, Ashneer Seth Grover, Jitendra Gupta, 8I Ventures, Better Capital, The DMI Group | Announced |
YAP Studios is a small software development company founded in 2010 and based in Los Altos, California, specializing in augmented reality (AR) experiences and 3D digital asset creation for mobile platforms.[1] It partners with global luxury brands such as Apple, Tiffany & Co., Balenciaga, Statue of Liberty-Ellis Island Foundation, Verizon, AOL, Intel, Yahoo, NBC Universal, and USA Networks to deliver superior customer experiences, generating $5.3 million in annual revenue with 5 employees.[1] The company solves the challenge of creating immersive, interactive mobile content for high-end brands, serving luxury retail, media, and tech sectors with a focus on AR and 3D innovations amid growing demand for experiential marketing.
(Note: Multiple entities share the "YAP" name, including a defunct 2006 speech recognition firm acquired by Amazon in 2011,[3][4] a Korean location-based tech platform,[2] and a UK wholesaler.[5] This overview centers on YAP Studios as the active U.S. technology company matching the query's description.[1])
YAP Studios was founded in 2010 in Los Altos, California, entering the software development space amid the early rise of mobile AR technologies.[1] Key figures include Ollie Wagner, who serves as Creative Director and Partner, leading a lean team of 5 employees focused on pioneering AR and 3D asset creation.[1] The company's emergence aligned with brands seeking innovative mobile experiences, quickly attracting marquee clients like Apple and luxury names, which provided early traction and validated its niche in immersive digital content.[1]
YAP Studios rides the wave of AR proliferation in luxury retail and marketing, where brands leverage immersive tech to bridge physical and digital worlds—exemplified by clients like Balenciaga and Tiffany & Co.[1] Timing favors YAP as mobile AR adoption surges post-2020, driven by smartphone advancements and post-pandemic demand for virtual try-ons and experiences, positioning it amid market forces like Apple's ARKit ecosystem.[1] It influences the ecosystem by enabling luxury brands to pioneer digital-native interactions, contributing to a niche where AR enhances customer loyalty without requiring massive infrastructure.
YAP Studios' boutique model positions it for growth in AR-driven luxury marketing, potentially expanding via partnerships as 3D assets integrate with metaverses and Web3. Trends like AI-enhanced AR and spatial computing (e.g., Apple Vision Pro) will shape its trajectory, amplifying demand for its expertise. Its influence may evolve from niche innovator to key enabler in brand metaverse strategies, sustaining momentum through high-profile clients. This lean pioneer exemplifies how specialized AR unlocks outsized value in experiential tech.
YAP has raised $4.7M in total across 2 funding rounds.
YAP's investors include Ryo Umezawa, Dirk van Quaquebeke, Alok Mittal, Amrish Rau, Ashneer seth Grover, Jitendra Gupta, 8i Ventures, Better Capital, The DMI Group.