About Socomore
Socomore is a company based in France founded in 1972.. Socomore has raised $75.97 million across 2 funding rounds from investors including Bpifrance, ACE Management and Crédit Mutuel Equity. The company has 214 employees as of December 31, 2024. Socomore has completed 3 acquisitions, including Microset, Olnica and Sea to Sky. Socomore offers products and services including Surface Preparation Solutions and Coatings.
- Headquarter France
- Employees 214 as on 31 Dec, 2024
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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 Socomore
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Annual Revenue
$1.05 M (USD)20as on Dec 31, 2023
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Net Profit
$183.11 K (USD)85as on Dec 31, 2023
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EBITDA
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Total Equity Funding
$75.97 M (USD)
in 2 rounds
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Latest Funding Round
$17.49 M (USD), Private Equity Round
Feb 14, 2013
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Investors
Bpifrance
& 2 more
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Employee Count
214
as on Dec 31, 2024
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Investments & Acquisitions
Microset
& 2 more
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Products & Services of Socomore
Socomore offers a comprehensive portfolio of products and services, including Surface Preparation Solutions and Coatings. 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.
Solutions for cleaning and preparing surfaces are offered by SOCOMORE in various forms.
Coatings for adhesion promotion, anticorrosion, and high-temperature applications are provided by SOCOMORE.
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Président Team
1 people
Chargée Team
1 people
Sales and Marketing
1 people
DGD Team
1 people
Responsable Team
1 people
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Funding Insights of Socomore
Socomore has successfully raised a total of $75.97M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $17.49 million completed in February 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Private Equity Round — $17.5M
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First Round
First Round
(01 Jul 2011)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2013 | Amount | Private Equity Round - Socomore | Valuation | ACE Management , Bpifrance |
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| Jul, 2011 | Amount | Private Equity Round - Socomore | Valuation | Credit Mutuel Equity |
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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 Socomore
Socomore has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Bpifrance, ACE Management and Crédit Mutuel Equity. 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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Growth and acquisition investments are managed by Credit Mutuel Equity.
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Founded Year | Domain | Location | |
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Investment portfolios are managed for clients in Paris, France.
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Founded Year | Domain | Location | |
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Corporate consultancy, advisory, and funding services are provided to businesses.
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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 Socomore
Socomore has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Microset, Olnica and Sea to Sky. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Supply chain, coaching, and business development consulting services are provided.
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2020 | ||||
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Anti-counterfeiting and anti-fraud services are provided to businesses.
|
2010 | ||||
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Manufacturer of replication materials for engineering surface inspection and quality control
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1985 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Socomore
| 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 |
Socomore Comparisons
Competitors of Socomore
| 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 Socomore
When was Socomore founded?
Socomore was founded in 1972 and raised its 1st funding round 39 years after it was founded.
Where is Socomore located?
Socomore is headquartered in France.
Is Socomore a funded company?
Socomore is a funded company, having raised a total of $75.97M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $58.48M, raised on Jul 01, 2011.
How many employees does Socomore have?
As of Dec 31, 2024, the latest employee count at Socomore is 214.
What is the annual revenue of Socomore?
Annual revenue of Socomore is $1.05M as on Dec 31, 2023.
What does Socomore do?
Socomore was founded in 1972 in France. Solutions for surface preparation, testing, and treatment are delivered within the industrial sector. Operations encompass specialized services for various applications, including chemical and mechanical processes. The company is headquartered in France and extends its reach to international clients through established networks. Focus is maintained on technical compliance and efficiency in surface technologies.
What products or services does Socomore offer?
Socomore offers Surface Preparation Solutions and Coatings.
How many acquisitions has Socomore made?
Socomore has made 3 acquisitions, including Microset, Olnica, and Sea to Sky.
Who are Socomore's investors?
Socomore has 3 investors. Key investors include Bpifrance, ACE Management, and Crédit Mutuel Equity.