About Socati
Socati is a company based in Woodburn (United States) founded in 2011 was acquired by YOOMA in March 2021.. Socati has raised $33 million across 1 funding round from investors including JJR Capital and YOOMA. The company has 1 employees as of July 01, 2024. Socati has completed 1 acquisition, including Blue Marble Biomaterials.
- Headquarter Woodburn, United States
- Employees 1 as on 01 Jul, 2024
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Sectors
Consumer
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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
$33 M (USD)
in 1 rounds
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Latest Funding Round
$33 M (USD), Series A
Dec 21, 2018
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Investors
JJR Capital
& 1 more
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Employee Count
1
as on Jul 01, 2024
- Investments & Acquisitions
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Acquired by
YOOMA
(Mar 19, 2021)
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Funding Insights of Socati
Socati has successfully raised a total of $33M through 1 strategic funding round. The most recent funding activity was a Series A round of $33 million completed in December 2018. 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 Series A — $33.0M
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First Round
First Round
(21 Dec 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Series A - Socati | Valuation | JJR Private Capital |
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| 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 Socati
Socati has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include JJR Capital and YOOMA. 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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Capital and advisory solutions are provided to mid-market companies.
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Founded Year | Domain | Location | |
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Delivers digital marketing solutions for cannabis health product brands.
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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 Socati
Socati has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Blue Marble Biomaterials. 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 |
|---|---|---|---|---|---|
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Specialty chemicals from biomass are produced using fermentation technology.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Socati
| 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 |
Socati Comparisons
Competitors of Socati
| 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 Socati
When was Socati founded?
Socati was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Where is Socati located?
Socati is headquartered in Woodburn, United States. It is registered at Woodburn, Oregon, United States.
Who is the current CEO of Socati?
Josh Epstein is the current CEO of Socati.
Is Socati a funded company?
Socati is a funded company, having raised a total of $33M across 1 funding round to date. The company's 1st funding round was a Series A of $33M, raised on Dec 21, 2018.
How many employees does Socati have?
As of Jul 01, 2024, the latest employee count at Socati is 1.
What does Socati do?
Socati was founded in 2011 and is headquartered in Woodburn, United States. Operations focus on the manufacturing of medical products derived from hemp and cannabis. The company operates within the cannabis and hemp sector, emphasizing production processes for therapeutic applications. Leadership is provided by CEO Josh Epstein. Activities are centered in the United States, with distribution aligned to regulatory standards in the industry.
How many acquisitions has Socati made?
Socati has made 1 acquisition, including Blue Marble Biomaterials.
Who are Socati's investors?
Socati has 2 investors. Key investors include JJR Capital, and YOOMA.