About Socialwyze
Socialwyze is a company based in Dallas (United States) founded in 2018 by Cody Merrill.. Socialwyze has raised $1.2 million across 3 funding rounds from investors including Mark Cuban Companies, Cortado Ventures and Jason Gaudette. Socialwyze operates in a competitive market with competitors including Catchafire, Impactpool, Idealist, VOMO and Lightful, among others.
- Headquarter Dallas, United States
- Founders Cody Merrill
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Sectors
Government & Social Sector
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.2 M (USD)
in 3 rounds
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Latest Funding Round
$600 K (USD), Seed
Nov 01, 2020
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Investors
Mark Cuban Companies
& 2 more
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Employee Count
Employee Count
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Funding Insights of Socialwyze
Socialwyze has successfully raised a total of $1.2M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $600 thousand completed in November 2020. 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 3
- Last Round Seed — $600,000
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2020 | Amount | Seed - Socialwyze | Valuation | Mark Cuban Companies , Cortado Ventures | |
| Aug, 2020 | Amount | Debt – Conventional - Socialwyze | Valuation |
investors |
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| Aug, 2020 | Amount | Seed - Socialwyze | Valuation |
investors |
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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 Socialwyze
Socialwyze has secured backing from 3 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Mark Cuban Companies, Cortado Ventures and Jason Gaudette. 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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Founded Year | Domain | Location | |
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Management of diverse investments in technology, sports, healthcare, and media.
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Founded Year | Domain | Location | |
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JG
Jason Gaudette |
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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 Socialwyze
| 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 - Socialwyze
| 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 |
Socialwyze Comparisons
Competitors of Socialwyze
Socialwyze 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 Catchafire, Impactpool, Idealist, VOMO and Lightful, 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 |
Skill-based volunteering is enabled through connections between nonprofits and professionals.
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| domain | founded_year | HQ Location |
An online job board is maintained for non-profit sector vacancies.
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| domain | founded_year | HQ Location |
Candidates and employers are connected through an online job board.
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| domain | founded_year | HQ Location |
Volunteers are sourced via a cloud-based platform for nonprofits.
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| domain | founded_year | HQ Location |
Volunteer services are connected to causes via social-media campaigns.
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| domain | founded_year | HQ Location |
Volunteer sourcing platform
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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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Frequently Asked Questions about Socialwyze
When was Socialwyze founded?
Socialwyze was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Socialwyze located?
Socialwyze is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Who is the current CEO of Socialwyze?
Cody Merrill is the current CEO of Socialwyze. They have also founded this company.
Is Socialwyze a funded company?
Socialwyze is a funded company, having raised a total of $1.2M across 3 funding rounds to date.
What does Socialwyze do?
Founded in 2018 in Dallas, United States, Socialwyze operates as an online platform in the social impact sector. Governments and donors are enabled to compensate unemployed individuals for work on public benefit projects. Jobs are reserved by workers, while operations supporting nutrition, housing, and environmental initiatives are received by nonprofits. Poverty alleviation is facilitated through industrial-scale efforts.
Who are the top competitors of Socialwyze?
Socialwyze's top competitors include Catchafire, Impactpool and VOMO.
Who are Socialwyze's investors?
Socialwyze has 3 investors. Key investors include Mark Cuban Companies, Cortado Ventures, and Jason Gaudette.