About Socio
Socio is a company based in Lafayette (United States) founded in 2015 was acquired by Cisco in May 2021.. Socio has raised $6.4 million across 2 funding rounds from investors including Cisco, Greenspring Associates and High Alpha. Socio offers products and services including Registration, Mobile Event App, Virtual Event Platform, Check-In and Badge Printing, and Production Studio. Socio operates in a competitive market with competitors including Guidebook, Yapp, Doo, Pathable and CrowdCompass, among others.
- Headquarter Lafayette, United States
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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
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- Legal Name Socio Labs Inc.
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Products & Services of Socio
Socio offers a comprehensive portfolio of products and services, including Registration, Mobile Event App, Virtual Event Platform, Check-In and Badge Printing, and Production Studio. 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.
Handles branded event registration and ticketing processes.
Provides access to event content and networking features.
Facilitates interactive virtual events with networking tools.
Enables secure and efficient event check-in procedures.
Supports professional live streaming for events.
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Funding Insights of Socio
Socio has successfully raised a total of $6.4M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in July 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 2
- Last Round Series A — $6.0M
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First Round
First Round
(15 Oct 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2019 | Amount | Series A - Socio | Valuation | High Alpha | |
| Oct, 2018 | Amount | Seed - Socio | 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 Socio
Socio has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Cisco, Greenspring Associates and High Alpha. 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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A venture firm that creates and funds B2B SaaS companies.
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Founded Year | Domain | Location | |
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Diversified investment management firm
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Founded Year | Domain | Location | |
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AI and saas based cloud security solutions
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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 Socio
| 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 - Socio
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Socio Comparisons
Competitors of Socio
Socio 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 Guidebook, Yapp, Doo, Pathable and CrowdCompass, 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 |
Mobile apps are built for events, venues, campuses, and enterprises.
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| domain | founded_year | HQ Location |
Mobile apps provider for events
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| domain | founded_year | HQ Location |
Event management software is offered for corporate business events.
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| domain | founded_year | HQ Location |
Provider of Web and mobile event apps.
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| domain | founded_year | HQ Location |
Mobile apps for event management and conferences are provided.
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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 Socio
Frequently Asked Questions about Socio
When was Socio founded?
Socio was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Socio located?
Socio is headquartered in Lafayette, United States. It is registered at Lafayette, Louisiana, United States.
Is Socio a funded company?
Socio is a funded company, having raised a total of $6.4M across 2 funding rounds to date. The company's 1st funding round was a Seed of $399.99K, raised on Oct 15, 2018.
What does Socio do?
Socio was founded in 2015 and is based in Lafayette, United States. Operations focus on the event technology sector, where mobile apps are provided for managing events and facilitating attendee interactions. Services encompass event agendas, announcements, guest list handling, sponsor and exhibitor details, networking tools, information sharing, note-taking capabilities, and real-time analytics. Customers served include organizations such as TEDx, Greater Lafayette Commerce, Startup Weekend, and Purdue University.
What products or services does Socio offer?
Socio offers Registration, Mobile Event App, Virtual Event Platform, Check-In and Badge Printing, and Production Studio.
Who are Socio's investors?
Socio has 3 investors. Key investors include Cisco, Greenspring Associates, and High Alpha.
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