SocialRadar
About SocialRadar
SocialRadar is a company founded in 2013 by Michael Chasen was acquired by Verizon in November 2016. It operates as a B2C. SocialRadar has raised $13.25 million across 1 funding round from investors including Verizon, MapQuest and NextGen Venture Partners. SocialRadar has completed 2 acquisitions, including Gridskippr and Sonar. SocialRadar operates in a competitive market with competitors including MeetMe, Meetup, Going, Loopt and Pelago, among others.
- Founders Michael Chasen
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$13.25 M (USD)
in 1 rounds
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Latest Funding Round
$13.25 M (USD), Series A
Jun 19, 2013
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Investors
Verizon
& 17 more
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Employee Count
Not available
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Investments & Acquisitions
Gridskippr
& 1 more
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Acquired by
Verizon
(Nov 16, 2016)
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Funding Insights of SocialRadar
SocialRadar has successfully raised a total of $13.25M through 1 strategic funding round. The most recent funding activity was a Series A round of $13.25 million completed in June 2013. 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.
Investors in SocialRadar
SocialRadar has secured backing from 18 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Verizon, MapQuest and NextGen Venture Partners.
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Venture capital investments are offered to startups by NEA.
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Early-stage US tech startups are invested in by Grotech Ventures.
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Investments are made in US technology startups by the firm.
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Investor details for SocialRadar
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Investments & Acquisitions by SocialRadar
SocialRadar has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Gridskippr and Sonar.
Investment portfolio details for SocialRadar
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- Portfolio identities
- Transaction dates
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Mobile Consumer Audience Segmentation
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Nearby like-minded users are connected through location-based matching services.
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Complete acquisition details for SocialRadar
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- Acquired stakes
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- Domains and locations
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Financial Statements - SocialRadar
Detailed financials for SocialRadar
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
- Statement rows
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Socialradar Comparisons
Peer comparison for SocialRadar
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Competitors of SocialRadar
SocialRadar 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 MeetMe, Meetup, Going, Loopt and Pelago, among others.
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New people are connected via a GPS-enabled social platform.
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People are connected via app-based groups for shared interests.
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Flight deals and price alerts are provided by Going.
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Selective location sharing is enabled via a social networking app.
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Location-based service
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Professionals are connected with similar interests on this social platform.
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Detailed competitors of SocialRadar
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Socialradar
Complete news archive for SocialRadar
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- Older coverage
- Brand-specific news history
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Frequently Asked Questions about SocialRadar
SocialRadar was founded in 2013.
Michael Chasen is the current CEO of SocialRadar. They have also founded this company.
SocialRadar is a funded company, having raised a total of $13.25M across 1 funding round to date.
SocialRadar, led by Michael Chasen as Founder, CEO, specializes in leveraging cutting-edge technology, managing social media platforms, developing user-friendly mobile apps, and providing location-based services. Delivers a social location-based mobile application for users. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
SocialRadar has made 2 acquisitions, including Gridskippr, and Sonar.
SocialRadar has 18 investors. Key investors include Verizon, MapQuest, NextGen Venture Partners, NEA, and Grotech Ventures.