S
Scapin
Social app for the virtual age
About Scapin
Scapin, operating as Scapin Labs, was a software company based in Stockholm, Sweden, that aimed to redefine social communication for the virtual age. The company was founded in 2021 by Leo Nilsson, who served as CEO, and Joachim Hedenius. The founding team brought significant experience from successful Nordic tech firms; Nilsson was the former CPO of iZettle, and Hedenius was a co-founder and CTO of Kry/Livi. Their shared mission was to address a sense of disconnection in online social interactions.
The firm secured €3.5 million in a seed funding round in July 2021, led by Creandum with participation from Heartcore Capital and Emblem. Scapin's core business was developing an app-based social metaverse platform. This platform allowed users to create personalized avatars and virtual spaces, craft digital items to share, and interact with friends or the public in an immersive environment. The service was designed to bridge the gap between gaming and social media, empowering users to build and express a virtual self. The application utilized spatial interfaces and virtual interactivity to bring real-life experiences, like attending events or sharing content, into a digital format. It was intended for both casual users seeking deeper social connections and for creators and developers who could build visuals and features for the virtual world. The mobile application was developed for both Android and iOS devices.
Despite its early-stage funding and experienced founders, the company ceased operations, with its status marked as "deadpooled" as of early 2024.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- Stockholm, Sweden
- Employees
- 4
- Open positions
- None listed
- Dealroom signal
- 91.0/100
- Industry
- Media
- Sub-industry
- Social media
- Sector
- Consumer Services, Immersive Technologies, Metaverse, Nordic Rising Star 2022, Hard Tech
- Technology
- Virtual Reality
- Business model
- SaaS
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SEED✓Equity / VC | Jul 2021 | $3.2M | $13M | Creandum | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Scapin is 530 monthly website visits, down 59.2% over the last three months. Scapin's team grew 33.3% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Other known investors2 additional known investors
EMBLEM- SWSabina Wizander
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Scapin 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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