About Sonar
Sonar is a company based in San Francisco (United States) founded in 2020 by Randolph Lee and Bio Cho was acquired by Lens in December 2022.. Sonar has raised $150 thousand across 1 funding round from investors including Lens and Y Combinator. Sonar operates in a competitive market with competitors including Widgetopia, WowKit, Widgesoft, Androholic and Homeroom Widget, among others.
- Headquarter San Francisco, United States
- Founders Randolph Lee, Bio Cho
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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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Funding Insights of Sonar
Sonar has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in June 2020. 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 1
- Last Round Seed — $150,000
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First Round
First Round
(01 Jun 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Seed - Sonar | Valuation | Y Combinator |
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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 Sonar
Sonar has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Lens and Y Combinator. 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 startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Blockchain protocols for decentralized social networks are offered by Lens.
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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 Sonar
| 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 - Sonar
| 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 |
Sonar Comparisons
Competitors of Sonar
Sonar 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 Widgetopia, WowKit, Widgesoft, Androholic and Homeroom Widget, 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 |
Free app providing over 80,000 widgets for mobile screen personalization.
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| domain | founded_year | HQ Location |
An app-based platform offering customizable widgets, themes, and icons for users.
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| domain | founded_year | HQ Location |
Calendar widget for easy home screen access to events and customization options.
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| domain | founded_year | HQ Location |
Provides a platform for icon and theme pack widgets tailored for Android devices.
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| domain | founded_year | HQ Location |
Provides an app-based platform for home screen widgets.
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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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Frequently Asked Questions about Sonar
When was Sonar founded?
Sonar was founded in 2020.
Where is Sonar located?
Sonar is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Sonar a funded company?
Sonar is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Seed of $150K, raised on Jun 01, 2020.
What does Sonar do?
Sonar was founded in 2020 in San Francisco, United States, within the social mobile sector. An iOS app is operated, featuring emoji-icon widgets that enable users to build dedicated spaces for friends and conduct emoji-linked conversations. Shared activities, including syncing to beats, dancing, or accessing podcasts, are supported through radio emoji interactions. The domain sonar.app is maintained for operations.
Who are the top competitors of Sonar?
Sonar's top competitors include ReachMobi, Identa Innovations and Widgetopia.
Who are Sonar's investors?
Sonar has 2 investors. Key investors include Lens, and Y Combinator.
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