About Social Project
Social Project is a Media & Entertainment company based in Santa Monica (United States) founded in 2005, and was acquired by GROU.PS in October 2010. Social networking site. Social Project has raised $47.5 million across 2 funding rounds from investors including Paramount, GROU.PS and DFJ. The company was acqui-hired. Its focus areas include Consumer, Social Platforms, Enabler and White Label Platforms. Its competitors include Ning, Sending.Me and Skylab; 3 of its 3 listed competitors have raised funding.
Company details
Social Project was founded in 2005 in Santa Monica, United States, as a social networking platform formerly known as Tagworld. Operations focus on users below 18 years old, where customized profile pages with multimedia content are created. Widgets compatible with any website are supplied to enhance functionality across digital spaces. The sector emphasizes youth-oriented online interaction and personalization tools.
- Headquarters Santa Monica, United States
- Stage Acquired
- SectorsMedia & Entertainment
- Website socialproject.com
- Acquired by GROU.PS (Oct 2010)
Funding Insights of Social Project
Social Project has successfully raised a total of $47.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in December 2006. 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 $47.5M
- Total Rounds 2
- Last Round Series B — $40M
- First Round $7.5M
(Mar 2006)
- Investors Count 2
All 2 funding rounds of Social Project with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
3 investors in total: 3 institutional.
Investors in Social Project
Social Project has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Paramount, GROU.PS and DFJ.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused VC firm | dfj.com | Menlo Park, United States | ||
Multiple TV brands are managed as a network by ViacomCBS. | 2019 | viacomcbs.com | New York, United States | |
Private social networks are created via a white label platform. | 2005 | grou.ps | Palo Alto, United States |
Investor details for Social Project
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Social Project
4 dated milestones of Social Project across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Social Project is founded.
- Funding First funding round of $7.5M.
- Funding Latest funding round, Series B, of $40.0M.
- Exit Acquired by GROU.PS.
Competitors of Social Project
Social Project has 3 listed competitors in our database, 3 of them funded. They include Ning, Sending.Me and Skylab.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ning.com | 2004 | Brisbane, United States | $119M | Custom social communities are built using Ning's SaaS platform. | ||
| sending.me | 2021 | New York, United States | $12.5M | Community platforms are created via an open-source white-label solution. | ||
| skylab.world | 2015 | Carlsbad, United States | $1.6M | White label community platforms are provided for brands and organizations. |
Detailed competitors of Social Project
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Social Platforms
3 companies that operate in the same segment as Social Project (Social Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online social networking and communication services are provided globally. | 2004 | Menlo Park, California, United States | USD 1.77 B | 23,339 | ||
ESports social video streaming platform | 2006 | San Francisco, California, United States | USD 35.12 M | |||
Subscription-based platform for publishers' content management is provided. | 2017 | San Francisco, California, United States | USD 189.5 M | USD 1.45 M | 4,285 |
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Frequently Asked Questions about Social Project
Social Project was founded in 2005 and raised its 1st funding round 1 year after it was founded.
Social Project is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Social Project is a funded company, having raised a total of $47.5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $7.5M, raised on Mar 2006.
Social Project was founded in 2005 in Santa Monica, United States, as a social networking platform formerly known as Tagworld. Operations focus on users below 18 years old, where customized profile pages with multimedia content are created. Widgets compatible with any website are supplied to enhance functionality across digital spaces. The sector emphasizes youth-oriented online interaction and personalization tools.
Social Project's top competitors include Skylab, Ning and Sending.Me.
Yes. Social Project was acquired by GROU.PS in October 2010.