About Sanctuary
Sanctuary is a company based in New York (United States) founded in 2016 by Ross Clark and David Birnbaum. It operates as a Pay-per-Use / Usage-Based, and Subscription Services. Sanctuary has raised $4.5 million across 2 funding rounds from investors including Azure Capital Partners, BITKRAFT and Uncommon Denominator. Sanctuary offers products and services including Psychic Readings, Astrology Programs, and Tarot Readings. Sanctuary operates in a competitive market with competitors including Kasamba, Hey Hero, Astrograph Astrology, Purple Ocean and PsyhicBook, among others.
- Headquarter New York, United States
- Founders Ross Clark, David Birnbaum
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Sectors
Media & EntertainmentBusiness Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Sanctuary Ventures, 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
$4.5 M (USD)
in 2 rounds
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Latest Funding Round
$3 M (USD), Seed
May 12, 2021
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Investors
Azure Capital Partners
& 8 more
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Employee Count
Employee Count
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Products & Services of Sanctuary
Sanctuary offers a comprehensive portfolio of products and services, including Psychic Readings, Astrology Programs, and Tarot Readings. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Personalized psychic guidance is provided by experienced readers.
Astrology-based programs are offered for personal growth guidance.
Tarot card readings are conducted by skilled practitioners.
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Funding Insights of Sanctuary
Sanctuary has successfully raised a total of $4.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in May 2021. 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 Seed — $3.0M
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First Round
First Round
(07 Dec 2017)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Seed - Sanctuary | Valuation | BITKRAFT Ventures | |
| Dec, 2017 | Amount | Seed - Sanctuary | Valuation | Advancit Capital |
| 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 Sanctuary
Sanctuary has secured backing from 9 investors, including venture fund investors. Prominent investors backing the company include Azure Capital Partners, BITKRAFT and Uncommon Denominator. 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 investments in gaming, Web3, and AI technologies.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are provided by Uncommon Denominator.
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Founded Year | Domain | Location | |
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Seed stage venture capital firm investing in the US
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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 Sanctuary
| 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 - Sanctuary
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Sanctuary Comparisons
Competitors of Sanctuary
Sanctuary 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 Kasamba, Hey Hero, Astrograph Astrology, Purple Ocean and PsyhicBook, 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 |
Paid online consultations with astrology experts are facilitated via chat.
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| domain | founded_year | HQ Location |
An online marketplace for astrology and psychic services is provided.
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| domain | founded_year | HQ Location |
Offers comprehensive astrology software solutions for astrologers.
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| domain | founded_year | HQ Location |
Psychic reading services are facilitated via an app-based platform.
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| domain | founded_year | HQ Location |
Online platform providing psychic, tarot, and astrology services for users.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Sanctuary
Frequently Asked Questions about Sanctuary
When was Sanctuary founded?
Sanctuary was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Sanctuary located?
Sanctuary is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Sanctuary?
Ross Clark is the current CEO of Sanctuary. They have also founded this company.
Is Sanctuary a funded company?
Sanctuary is a funded company, having raised a total of $4.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Dec 07, 2017.
What does Sanctuary do?
Sanctuary is engaged in offering spiritual and personal growth services through psychic readings, tarot card interpretations, and astrology-inspired programs. Services are tailored for individuals seeking clarity and transformation, with a focus on millennial audiences. Digital tools like mobile apps and online platforms are utilized to deliver horoscopes, compatibility insights, and personalized guidance. The company operates in the wellness and spiritual sector, providing accessible and modern mystical experiences.
Who are the top competitors of Sanctuary?
Sanctuary's top competitors include Kasamba, Purple Ocean and Hey Hero.
What products or services does Sanctuary offer?
Sanctuary offers Psychic Readings, Astrology Programs, and Tarot Readings.
Who are Sanctuary's investors?
Sanctuary has 9 investors. Key investors include Azure Capital Partners, BITKRAFT, Uncommon Denominator, KEC Ventures, and Greycroft.