About Sometrics
Sometrics is a company based in El Segundo (United States) founded in 2007 was acquired by American Express in September 2011.. Sometrics has raised $5.55 million across 2 funding rounds from investors including AT&T, American Express and Steamboat Ventures. Sometrics operates in a competitive market with competitors including Stripe, Square, PayPal, Flutterwave and PayU, among others.
- Headquarter El Segundo, United States
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Sectors
Media & EntertainmentFinancial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sometrics Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.55 M (USD)
in 2 rounds
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Latest Funding Round
$4 M (USD), Series B
Oct 16, 2009
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Investors
AT&T
& 4 more
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Employee Count
Employee Count
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Acquired by
American Express
(Sep 20, 2011)
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Funding Insights of Sometrics
Sometrics has successfully raised a total of $5.55M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $4 million completed in October 2009. 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 B — $4.0M
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First Round
First Round
(14 May 2008)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2009 | Amount | Series B - Sometrics | Valuation | Steamboat Ventures | |
| May, 2008 | Amount | Series A - Sometrics | 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 Sometrics
Sometrics has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include AT&T, American Express and Steamboat Ventures. 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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Early-stage venture capital is invested in US and China.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Multiple sectors are targeted for venture capital investments by Greycroft.
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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 Sometrics
| 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 - Sometrics
| 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 |
Sometrics Comparisons
Competitors of Sometrics
Sometrics 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 Stripe, Square, PayPal, Flutterwave and PayU, 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 |
Payment processing and card issuance solutions are provided for businesses.
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| domain | founded_year | HQ Location |
POS solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
Online payment solutions are offered to consumers and businesses.
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| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Payment processing and treasury management solutions are offered to businesses.
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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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Frequently Asked Questions about Sometrics
When was Sometrics founded?
Sometrics was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Where is Sometrics located?
Sometrics is headquartered in El Segundo, United States. It is registered at El Segundo, California, United States.
Is Sometrics a funded company?
Sometrics is a funded company, having raised a total of $5.55M across 2 funding rounds to date. The company's 1st funding round was a Series A of $1.55M, raised on May 14, 2008.
What does Sometrics do?
Sometrics was founded in 2007 and is based in El Segundo, United States. Solutions for monetizing free-to-play online games through virtual currency are offered to publishers. GameCoins.com serves as an online games discovery and user acquisition platform, while in-game payment systems are integrated to facilitate transactions. Operations focus on the gaming sector, supporting marketing and revenue generation for digital titles.
Who are the top competitors of Sometrics?
Sometrics's top competitors include Stripe, PayU and Flutterwave.
Who are Sometrics's investors?
Sometrics has 5 investors. Key investors include AT&T, American Express, Steamboat Ventures, The Mail Room Fund, and Greycroft.
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