About Lasso
Lasso is a company based in Englewood (United States) founded in 2012 was acquired by Photobucket in March 2015.. Lasso has raised $1.25 million across 1 funding round from investors including Photobucket, Greylock Partners and Trinity Ventures. The company has 21 employees as of December 31, 2022. Lasso operates in a competitive market with competitors including Meitu, Instagram, Snapchat, ShareChat and 500px, among others.
- Headquarter Englewood, United States
- Employees 21 as on 31 Dec, 2022
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Photobucket.Com Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.25 M (USD)
in 1 rounds
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Latest Funding Round
$1.25 M (USD), Seed
Sep 01, 2012
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Investors
Photobucket
& 2 more
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Employee Count
21
as on Dec 31, 2022
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Acquired by
Photobucket
(Mar 12, 2015)
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Funding Insights of Lasso
Lasso has successfully raised a total of $1.25M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.25 million completed in September 2012. 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 1
- Last Round Seed — $1.2M
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First Round
First Round
(01 Sep 2012)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2012 | Amount | Seed - Lasso | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lasso
Lasso has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Photobucket, Greylock Partners and Trinity 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 |
|---|---|---|---|---|
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Venture capital firm specializing in early-stage tech investments and founder support.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage technology and real estate companies.
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Founded Year | Domain | Location | |
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Photos are stored and managed online via Photobucket platform.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lasso
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lasso
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lasso Comparisons
Competitors of Lasso
Lasso 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 Meitu, Instagram, Snapchat, ShareChat and 500px, 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 |
Photo editing and sharing apps are developed by Meitu.
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| domain | founded_year | HQ Location |
Social platform for photo and video sharing
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| domain | founded_year | HQ Location |
Multimedia messaging application for ephemeral photos and videos is provided.
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| domain | founded_year | HQ Location |
Media content is shared on an app-based social network platform.
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| domain | founded_year | HQ Location |
Photos are shared, discovered, and sold on a community platform.
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| domain | founded_year | HQ Location |
Mobile games and social platforms are developed and published.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Lasso
When was Lasso founded?
Lasso was founded in 2012.
Where is Lasso located?
Lasso is headquartered in Englewood, United States. It is registered at Englewood, New Jersey, United States.
Is Lasso a funded company?
Lasso is a funded company, having raised a total of $1.25M across 1 funding round to date. The company's 1st funding round was a Seed of $1.25M, raised on Sep 01, 2012.
How many employees does Lasso have?
As of Dec 31, 2022, the latest employee count at Lasso is 21.
What does Lasso do?
Lasso was founded in 2012 in Englewood, United States, as a mobile app focused on request-based photo sharing. Features such as chat functionality and photo share tracking were later incorporated. The platform operates in the social media sector, serving users through applications available on both Android and iOS devices. Co-founder Alex Welch previously contributed to the Photobucket founding team.
Who are the top competitors of Lasso?
Who are Lasso's investors?
Lasso has 3 investors. Key investors include Photobucket, Greylock Partners, and Trinity Ventures.