Spring.me

London, United Kingdom Founded: 2013 • Age: 13 yrs Acquired By IAC
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About Spring.me

Spring.me is a company based in London (United Kingdom) founded in 2013 was acquired by IAC in June 2015.. Spring.me has raised $3.3 million across 5 funding rounds from investors including IAC, Right Click Capital and Tank Stream Ventures. The company has 41 employees as of December 31, 2020. Spring.me has completed 1 acquisition, including Formspring. Spring.me offers products and services including Influencer Platform and Advertising Service. Spring.me operates in a competitive market with competitors including FANDOM, Douban, Community, Spotted and Friendster, among others.

  • Headquarter London, United Kingdom
  • Employees 41 as on 31 Dec, 2020
  • Sectors
    Media & Entertainment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Massive Media Match
Operational Areas
Media & Entertainment → Creator Economy & Social Platforms
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.3 M (USD)

    in 5 rounds

  • Latest Funding Round
  • Investors
    IAC

    & 5 more

  • Employee Count
    41

    as on Dec 31, 2020

  • Investments & Acquisitions
  • Acquired by
    IAC

    (Jun 01, 2015)

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Products & Services of Spring.me

Spring.me offers a comprehensive portfolio of products and services, including Influencer Platform and Advertising Service. 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.

Primary

Enables marketing and advertising for community growth online.

Facilitates promotion of brands and personalities to build followers.

Funding Insights of Spring.me

Spring.me has successfully raised a total of $3.3M across 5 strategic funding rounds. 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 Rounds 5
  • Last Round
  • First Round
  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2014 Amount Seed - Spring.me Valuation

investors

Oct, 2014 Amount Debt – Venture - Spring.me Valuation

investors

Oct, 2013 Amount Seed - Spring.me Valuation

investors

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 Spring.me

Spring.me has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include IAC, Right Click Capital and Tank Stream 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Tech focused VC firm investing in Australia
Founded Year Domain Location
Seed and Early stage Tech focused VC firm investing in Australia
Founded Year Domain Location
-
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 Spring.me

Spring.me has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Formspring. 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.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Social Q&A portal where users follow others and exchange questions.
2009
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Spring.me

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

Spring.Me Comparisons

Employees
+
Add Comparison
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Competitors of Spring.me

Spring.me 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 FANDOM, Douban, Community, Spotted and Friendster, 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
Online social platform for media enthusiasts
domain founded_year HQ Location
Online community platform for book enthusiasts
domain founded_year HQ Location
Text messaging platform for community marketing is facilitated.
domain founded_year HQ Location
Like-minded individuals are discovered and connected with in nearby locations.
domain founded_year HQ Location
User experience and data privacy are prioritized in social networking.
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 Spring.Me

Frequently Asked Questions about Spring.me

When was Spring.me founded?

Spring.me was founded in 2013.

Where is Spring.me located?

Spring.me is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is Spring.me a funded company?

Spring.me is a funded company, having raised a total of $3.3M across 5 funding rounds to date. The company's 1st funding round was a Seed of $1.3M, raised on Jan 01, 2013.

How many employees does Spring.me have?

As of Dec 31, 2020, the latest employee count at Spring.me is 41.

What does Spring.me do?

Spring.me was established in 2013 in London, United Kingdom, within the social networking sector. Users are enabled to discover like-minded individuals, follow profiles, and share questions or opinions with or without name disclosure. Creation and posting of memes, photos, and animated GIFs are supported for public sharing. Offline meetings between connected users are facilitated through the platforms features.

Who are the top competitors of Spring.me?

Spring.me's top competitors include FANDOM, Community and Spotted.

What products or services does Spring.me offer?

Spring.me offers Influencer Platform and Advertising Service.

How many acquisitions has Spring.me made?

Spring.me has made 1 acquisition, including Formspring.

Who are Spring.me's investors?

Spring.me has 6 investors. Key investors include IAC, Right Click Capital, Tank Stream Ventures, Nextech Venture, and Craig Roah.

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