About Formspring
Formspring is a company based in San Francisco (United States) founded in 2009 was acquired by Spring.me in March 2013.. Formspring has raised $19.25 million across 4 funding rounds from investors including Spring.me, Redpoint Ventures and Baseline Ventures. Formspring has completed 1 acquisition, including PeerPong. Formspring operates in a competitive market with competitors including Quora, Zhihu, Stack Overflow, Answers and Piazza, among others.
- Headquarter San Francisco, United States
-
Sectors
Media & Entertainment
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Formspring
Formspring has successfully raised a total of $19.25M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in October 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $5.0M
-
First Round
First Round
(15 Jan 2010)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2014 | Amount | Series B - Formspring | Valuation |
investors |
|
| Nov, 2010 | Amount | Series B - Formspring | Valuation | Redpoint Ventures | |
| Mar, 2010 | Amount | Series A - Formspring | Valuation | Baseline Ventures , Floodgate |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Formspring
Formspring has secured backing from 9 investors, including venture fund investors. Prominent investors backing the company include Spring.me, Redpoint Ventures and Baseline Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Redpoint Ventures is engaged in venture capital investments.
|
Founded Year | Domain | Location | |
|
Seed and early-stage investments are focused on US tech companies.
|
Founded Year | Domain | Location | |
|
Early-stage investments are focused on by Floodgate in US startups.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Formspring
Formspring has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include PeerPong. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Expertise on social media is accessed via Q&A platform.
|
2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Formspring
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Formspring Comparisons
Competitors of Formspring
Formspring operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Quora, Zhihu, Stack Overflow, Answers and Piazza, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Questions are asked and answered on a social community platform.
|
|
| domain | founded_year | HQ Location |
Questions and answers are facilitated on an app-based social platform.
|
|
| domain | founded_year | HQ Location |
Social platform for IT professionals & programmers
|
|
| domain | founded_year | HQ Location |
Questions are asked and answered on a social Q&A platform.
|
|
| domain | founded_year | HQ Location |
Online Q&A platform for student-teacher collaboration is facilitated.
|
|
| domain | founded_year | HQ Location |
Visitors are connected with independent experts for online Q&A services.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Formspring
When was Formspring founded?
Formspring was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is Formspring located?
Formspring is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Formspring a funded company?
Formspring is a funded company, having raised a total of $19.25M across 4 funding rounds to date. The company's 1st funding round was a Series A of $2.5M, raised on Jan 15, 2010.
What does Formspring do?
Formspring, rebranded as Spring.me, was founded in 2009 in San Francisco, United States, within the social media sector. A platform is maintained for private user follows and question submissions to followers from the homepage. Daily questions are delivered via inbox as Question of the Day. Mobile applications are offered on iOS and Android. Revenue is derived mainly from advertisements on the domain formspring.me.
Who are the top competitors of Formspring?
Formspring's top competitors include Quora, Stack Overflow and Zhihu.
How many acquisitions has Formspring made?
Formspring has made 1 acquisition, including PeerPong.
Who are Formspring's investors?
Formspring has 9 investors. Key investors include Spring.me, Redpoint Ventures, Baseline Ventures, Floodgate, and SV Angel.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.