About SOCi
SOCi is a company based in San Diego (United States) founded in 2012 by Alo Sarv and Afif Khoury.. SOCi has raised $237.75 million across 8 funding rounds from investors including Leland Stanford Junior University, JMI Management and Vertical Venture Partners. SOCi offers products and services including Genius Search, Genius Social, Genius Reviews, Boost & Ads, and Chat. SOCi operates in a competitive market with competitors including Uberall, Netsertive, Synup, Brandmuscle and Promoboxx, among others.
- Headquarter San Diego, United States
- Founders Alo Sarv, Afif Khoury
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Sectors
Technology
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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 Soci 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
$237.75 M (USD)
in 8 rounds
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Latest Funding Round
$120 M (USD), Series E
Mar 07, 2023
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Investors
Leland Stanford Junior University
& 12 more
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Employee Count
Employee Count
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Products & Services of SOCi
SOCi offers a comprehensive portfolio of products and services, including Genius Search, Genius Social, Genius Reviews, Boost & Ads, and Chat. 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.
Analyzes data and automates local visibility optimizations for businesses.
Automates content creation and engagement for local branding.
Responds to reviews to enhance brand visibility and trust.
Generates localized ad campaigns for targeted audiences.
Provides 24/7 chatbots for queries and lead generation.
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Funding Insights of SOCi
SOCi has successfully raised a total of $237.75M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $120 million completed in March 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 8
- Last Round Series E — $120.0M
- First Round First Round
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series E - SOCi | Valuation | JMI Management | |
| Jan, 2021 | Amount | Series D - SOCi | Valuation | JMI Management | |
| Dec, 2019 | Amount | Series C - SOCi | Valuation | Vertical Venture Partners |
| 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 SOCi
SOCi has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Leland Stanford Junior University, JMI Management and Vertical Venture Partners. 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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Private equity firm investing in software companies
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are made in specific industry verticals.
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Founded Year | Domain | Location | |
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Venture capital funding for SaaS companies.
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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 SOCi
| 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 - SOCi
| 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 |
Soci Comparisons
Competitors of SOCi
SOCi 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 Uberall, Netsertive, Synup, Brandmuscle and Promoboxx, 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 |
Online presence for local businesses is managed centrally across platforms.
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| domain | founded_year | HQ Location |
A cloud-based digital marketing platform for SMBs is offered.
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| domain | founded_year | HQ Location |
Platform offers listing, review, and social media management software
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| domain | founded_year | HQ Location |
Local marketing management platform
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| domain | founded_year | HQ Location |
Customized co-branded campaigns are enabled between brands and retailers.
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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 Soci
Frequently Asked Questions about SOCi
When was SOCi founded?
SOCi was founded in 2012.
Where is SOCi located?
SOCi is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Who is the current CEO of SOCi?
Afif Khoury is the current CEO of SOCi. They have also founded this company.
Is SOCi a funded company?
SOCi is a funded company, having raised a total of $237.75M across 8 funding rounds to date. The company's 1st funding round was a Series C of $15M, raised on Jun 01, 2012.
What does SOCi do?
Marketing platform for businesses. It provides a platform for multi-location businesses to streamline marketing strategies. It leverages AI to automate search optimization, social strategy, and reputation management. The platform offers a range of features to help businesses manage online presence and engage with customers across multiple locations.
Who are the top competitors of SOCi?
SOCi's top competitors include Uberall, Netsertive and Synup.
What products or services does SOCi offer?
SOCi offers Genius Search, Genius Social, Genius Reviews, Boost & Ads, and Chat.
Who are SOCi's investors?
SOCi has 13 investors. Key investors include Leland Stanford Junior University, JMI Management, Vertical Venture Partners, Blossom Street Ventures, and Renew Group.
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