About Pop Social
Pop Social is a company based in New York (United States) founded in 2022 by Michael Shen.. Pop Social has raised $4 million across 2 funding rounds from investors including Chainlink, CoinTelegraph and Ceras Ventures. Pop Social operates in a competitive market with competitors including IndiGG, GARI, xPortal, Cosmic Wire and AWST, among others.
- Headquarter New York, United States
- Founders Michael Shen
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Sectors
Financial ServicesMedia & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4 M (USD)
in 2 rounds
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Latest Funding Round
$890.96 K (USD), Token Sale
Oct 25, 2023
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Investors
Chainlink
& 6 more
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Employee Count
Employee Count
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Funding Insights of Pop Social
Pop Social has successfully raised a total of $4M across 2 strategic funding rounds. The most recent funding activity was a Token Sale round of $890.96 thousand completed in October 2023. 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 2
- Last Round Token Sale — $890,960
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First Round
First Round
(08 Sep 2023)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Token Sale - Pop Social | Valuation |
investors |
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| Sep, 2023 | Amount | Seed - Pop Social | 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 Pop Social
Pop Social has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Chainlink, CoinTelegraph and Ceras 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 focused on blockchain technology
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Founded Year | Domain | Location | |
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Blockchain companies are acquired by Promatrix, a private equity firm.
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Founded Year | Domain | Location | |
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Venture capital is provided to crypto, DeFi, and NFT startups.
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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 Pop Social
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - Pop Social
| 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 |
Pop Social Comparisons
Competitors of Pop Social
Pop Social 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 IndiGG, GARI, xPortal, Cosmic Wire and AWST, 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.
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Online platform for embedding NFTs within the metaverse ecosystem
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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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Latest news on Pop Social
Frequently Asked Questions about Pop Social
When was Pop Social founded?
Pop Social was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Pop Social located?
Pop Social is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Pop Social?
Michael Shen is the current CEO of Pop Social. They have also founded this company.
Is Pop Social a funded company?
Pop Social is a funded company, having raised a total of $4M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Sep 08, 2023.
What does Pop Social do?
Pop Social was founded in 2022 in New York, United States, as a social networking platform focused on the web3 sector. Online identities are created by users, who gain access to videos, articles, games, NFTs, and decentralized applications within the ecosystem. Tools are provided for social content creators to manage and expand their fan bases, with entry facilitated by the pop token.
Who are the top competitors of Pop Social?
Pop Social's top competitors include IndiGG, Roll and Cosmic Wire.
Who are Pop Social's investors?
Pop Social has 7 investors. Key investors include Chainlink, CoinTelegraph, Ceras Ventures, Fusion Labs, and Promatrix.