SoMo Transactions

Flagler Beach, United States Founded: 2019 • Age: 7 yrs Acquired By Transactly
Transaction management platform is provided for real estate professionals.
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About SoMo Transactions

SoMo Transactions is a company based in Flagler Beach (United States) founded in 2019 was acquired by Transactly in April 2021.. SoMo Transactions operates in a competitive market with competitors including Ten-X, PEXA, Dotloop, Transactly and SkySlope, among others.

  • Headquarter Flagler Beach, United States
  • Sectors
    Real Estate & Construction
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Real Estate & Construction → Property Technology (PropTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Transactly

    (Apr 21, 2021)

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Funding Insights of SoMo Transactions

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in SoMo Transactions

SoMo Transactions has secured backing from 1 investor. Prominent investors backing the company include Transactly. 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.

All
Investor Description Founded Year Domain Location
Transaction management software is offered for real estate processes.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by SoMo Transactions

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - SoMo Transactions

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Somo Transactions Comparisons

Employees
+
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Competitors of SoMo Transactions

SoMo Transactions 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 Ten-X, PEXA, Dotloop, Transactly and SkySlope, 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
Commercial properties are discovered and traded via online platforms.
domain founded_year HQ Location
Transaction management platform for real estate professionals is provided.
domain founded_year HQ Location
SaaS-driven transaction management software for real estate professionals
domain founded_year HQ Location
Transaction management software is offered for real estate processes.
domain founded_year HQ Location
Real estate transactions are managed via SaaS for brokerage firms.
domain founded_year HQ Location
SaaS-based transaction management is provided for real estate professionals.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Somo Transactions

Frequently Asked Questions about SoMo Transactions

When was SoMo Transactions founded?

SoMo Transactions was founded in 2019.

Where is SoMo Transactions located?

SoMo Transactions is headquartered in Flagler Beach, United States. It is registered at Flagler Beach, Florida, United States.

What does SoMo Transactions do?

Founded in 2019 and based in Flagler Beach, United States, SoMo Transactions operates as a provider of a transaction management platform within the real estate sector. The platform is utilized by agents, brokers, offices, and teams to handle transaction organization, time management, and business expansion through integrated sales features. Services focus on streamlining workflows for real estate operations across the United States.

Who are the top competitors of SoMo Transactions?

SoMo Transactions's top competitors include Ten-X, PEXA and SkySlope.

Who are SoMo Transactions's investors?

SoMo Transactions has 1 investor. Key investors include Transactly.

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