About SOKO
SOKO is a company based in San Francisco (United States) founded in 2011.. SOKO has raised $1.4 million across 4 funding rounds from investors including USAID, Grassroots Business Fund and Rio Technology Partners. SOKO operates in a competitive market with competitors including Mejuri, BaubleBar, John Hardy, Paparazzi Accessories and Yellowsmith, among others.
- Headquarter San Francisco, United States
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Sectors
Retail
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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
$1.4 M (USD)
in 4 rounds
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Latest Funding Round
$700 K (USD), Debt – Conventional
Nov 21, 2016
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Investors
USAID
& 2 more
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Employee Count
Employee Count
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Funding Insights of SOKO
SOKO has successfully raised a total of $1.4M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $700 thousand completed in November 2016. 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 4
- Last Round Debt – Conventional — $700,000
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First Round
First Round
(05 Jun 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2016 | Amount | Debt – Conventional - SOKO | Valuation |
investors |
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| Apr, 2015 | Amount | Seed - SOKO | Valuation |
investors |
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| Sep, 2013 | Amount | Grant - SOKO | Valuation |
investors |
| 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 SOKO
SOKO has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include USAID, Grassroots Business Fund and Rio Technology Partners. 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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Private equity investments are directed toward small and medium-sized enterprises.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Global poverty and development are addressed through USAID initiatives.
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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 SOKO
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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.
|
2016 |
Financial Statements - SOKO
| 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 |
Soko Comparisons
Competitors of SOKO
SOKO 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 Mejuri, BaubleBar, John Hardy, Paparazzi Accessories and Yellowsmith, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Jewelry including rings, necklaces, and earrings is produced and sold.
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| domain | founded_year | HQ Location |
Fashion jewelry and personalized accessories are sold by BaubleBar.
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| domain | founded_year | HQ Location |
Hand-crafted jewelry is sold via an online boutique.
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| domain | founded_year | HQ Location |
Sells affordable jewelry like necklaces, earrings, and bracelets via online platform.
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| domain | founded_year | HQ Location |
Offers jewellery crafted by independent makers for unique style enthusiasts.
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| 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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Latest news on Soko
Frequently Asked Questions about SOKO
When was SOKO founded?
SOKO was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is SOKO located?
SOKO is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is SOKO a funded company?
SOKO is a funded company, having raised a total of $1.4M across 4 funding rounds to date. The company's 1st funding round was a Grant of $100K, raised on Jun 05, 2013.
What does SOKO do?
Founded in Kenya, Soku is an online marketplace for global jewelry and accessories that connects mobile-enabled women artisans from developing countries with global customers online. Based in San Francisco, New York and Nairobi, Kenya. Artisans can use their basic feature phone for SMS text entry forms to upload product details in their virtual storefronts and receive payments as mobile money. All jewelry is handcrafted and made using locally sourced, regional and sometimes upcycled materials. SOKO recruited over 250 artisans from Kenya in its first 2 weeks.
Who are the top competitors of SOKO?
SOKO's top competitors include Mejuri, BaubleBar and John Hardy.
Who are SOKO's investors?
SOKO has 3 investors. Key investors include USAID, Grassroots Business Fund, and Rio Technology Partners.