About SocialChorus
SocialChorus is a company based in San Francisco (United States) founded in 2008 was acquired by Sumeru Equity Partners in June 2020.. SocialChorus has raised $44.68 million across 7 funding rounds from investors including Western Technology Investment, Espresso Capital and Arrowroot Capital Management. The company has 249 employees as of December 31, 2023. SocialChorus offers products and services including Intelligent Communication Platform, Journey Orchestration, and Workforce Orchestration. SocialChorus operates in a competitive market with competitors including BNI, Extole, Firstup, Qmee and Broadly, among others.
- Headquarter San Francisco, United States
- Employees 249 as on 31 Dec, 2023
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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
*********
- Legal Name Socialchorus 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
$44.68 M (USD)
in 7 rounds
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Latest Funding Round
$10 M (USD), Debt – Venture
Dec 02, 2019
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Investors
Western Technology Investment
& 5 more
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Employee Count
249
as on Dec 31, 2023
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Acquired by
Sumeru Equity Partners
(Jun 15, 2020)
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Products & Services of SocialChorus
SocialChorus offers a comprehensive portfolio of products and services, including Intelligent Communication Platform, Journey Orchestration, and Workforce Orchestration. 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.
Enables personalized and scalable employee engagement strategies
Automates tailored journeys for workforce activation
Facilitates proactive employee alignment and performance tracking
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Software Development Team
43 people
Product Management Team
13 people
Leadership Team
12 people
Senior Team
8 people
Sales and Marketing
6 people
Human Resources and Administration
5 people
Finance and Accounting
5 people
Enterprise Team
5 people
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Funding Insights of SocialChorus
SocialChorus has successfully raised a total of $44.68M across 7 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $10 million completed in December 2019. 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 7
- Last Round Debt – Venture — $10.0M
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First Round
First Round
(01 Jun 2009)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Debt – Venture - SocialChorus | Valuation |
investors |
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| Jun, 2019 | Amount | Series C - SocialChorus | Valuation |
investors |
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| Feb, 2018 | Amount | Series C - SocialChorus | Valuation | Arrowroot Capital Management , Kohlberg Ventures |
| 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 SocialChorus
SocialChorus has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Western Technology Investment, Espresso Capital and Arrowroot Capital Management. 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 debt firm
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Founded Year | Domain | Location | |
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Buyout focused private equity firm for software companies
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Founded Year | Domain | Location | |
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Early-stage investments in US companies are made by Kohlberg Ventures.
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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 SocialChorus
| 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 - SocialChorus
| 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 |
Socialchorus Comparisons
Competitors of SocialChorus
SocialChorus 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 BNI, Extole, Firstup, Qmee and Broadly, 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 |
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| domain | founded_year | HQ Location |
Referral marketing solutions are provided to businesses through networking platforms.
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| domain | founded_year | HQ Location |
B2C and P2P referral automation platform
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| domain | founded_year | HQ Location |
Cloud-based communication and employee experience management platform for enterprises
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| domain | founded_year | HQ Location |
App-based online platform offering rewards
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| domain | founded_year | HQ Location |
Referral Automation and Search Engine Optimization platform for SMBs
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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 Socialchorus
Frequently Asked Questions about SocialChorus
When was SocialChorus founded?
SocialChorus was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is SocialChorus located?
SocialChorus is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is SocialChorus a funded company?
SocialChorus is a funded company, having raised a total of $44.68M across 7 funding rounds to date. The company's 1st funding round was a Series C of $12.5M, raised on Jun 01, 2009.
How many employees does SocialChorus have?
As of Dec 31, 2023, the latest employee count at SocialChorus is 249.
What does SocialChorus do?
SocialChorus enables employees and brand ambassadors to consume, share and create branded content generating new awareness, engagement and sales for brands. Offers an all-in-one web and mobile platform which allows employees and ambassadors to actively participate in the brands content marketing, social selling, social recruiting, and employee engagement initiatives. The solution trains advocates, manages content relevance, integrates with any internal system, runs on any device and tracks the business impact of every content and social engagement.
Who are the top competitors of SocialChorus?
What products or services does SocialChorus offer?
SocialChorus offers Intelligent Communication Platform, Journey Orchestration, and Workforce Orchestration.
Who are SocialChorus's investors?
SocialChorus has 6 investors. Key investors include Western Technology Investment, Espresso Capital, Arrowroot Capital Management, Kohlberg Ventures, and Windforce Ventures.
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