About SocialFare
SocialFare is a company based in Turin (Italy) founded in 2013.. SocialFare offers products and services including Social Innovation Acceleration and Impact Investing.
- Headquarter Turin, Italy
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Phone
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Website
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Social
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- Legal Name Socialfare Impresa Sociale S.R.L.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$195.61 K (USD), Grant
Jul 15, 2020
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Products & Services of SocialFare
SocialFare offers a comprehensive portfolio of products and services, including Social Innovation Acceleration and Impact Investing. 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.
Acceleration programs are provided for knowledge development and startup support to address social challenges.
Investments are offered in social impact startups through seed funding mechanisms.
Funding Insights of SocialFare
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $195,607
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Grant - SocialFare | Valuation |
investors |
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| Oct, 2015 | Amount | Series B - SocialFare | Valuation | Oltre Impact |
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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 SocialFare
SocialFare has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Oltre Impact. 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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Impact investments are targeted by this venture capital firm.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 SocialFare
| 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 - SocialFare
| 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 |
Socialfare Comparisons
Competitors of SocialFare
| 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 SocialFare
When was SocialFare founded?
SocialFare was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is SocialFare located?
SocialFare is headquartered in Turin, Italy. It is registered at Turin, Piedmont, Italy.
Who is the current CEO of SocialFare?
Laura Orestano is the current CEO of SocialFare.
What does SocialFare do?
SocialFare was established in 2013 in Turin, Italy, within the social innovation sector. Acceleration programs for social impact startups are offered, alongside impact investment through a dedicated vehicle. Mentorship, capacity building, and seed funding access are included in the services. Collaboration is promoted via a network for social entrepreneurship growth. Consulting is provided to organizations developing social impact projects.
What products or services does SocialFare offer?
SocialFare offers Social Innovation Acceleration and Impact Investing.
Who are SocialFare's investors?
SocialFare has 2 investors. Key investors include European Union, and Oltre Impact.
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