About Stepout
Stepout is a company based in New York (United States) founded in 2008 was acquired by Twoo in October 2013.. Stepout has raised $5.16 million across 3 funding rounds from investors including Twoo, GTI Capital Group and PJC. Stepout offers products and services including Stepout Platform. Stepout operates in a competitive market with competitors including Match, Skout, Momo, LOVOO and Mamba, among others.
- Headquarter New York, United States
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Massive Media Match Nv
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Products & Services of Stepout
Stepout offers a comprehensive portfolio of products and services, including Stepout Platform. 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.
Online tool for matching users in dating scenarios.
Funding Insights of Stepout
Stepout has successfully raised a total of $5.16M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $400 thousand completed in May 2013. 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 3
- Last Round Series A — $400,000
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First Round
First Round
(10 Feb 2011)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2013 | Amount | Series A - Stepout | Valuation |
investors |
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| Jan, 2012 | Amount | Series A - Stepout | Valuation |
investors |
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| Feb, 2011 | Amount | Series A - Stepout | Valuation | PJC |
| 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 Stepout
Stepout has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Twoo, GTI Capital Group and PJC. 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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Seed and early-stage investments in US tech sectors are made.
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Founded Year | Domain | Location | |
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Venture capital firm focused on tech sectors
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Founded Year | Domain | Location | |
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Potato farming, grain marketing, and equipment services are conducted in Maine.
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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 Stepout
| 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 - Stepout
| 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 |
Stepout Comparisons
Competitors of Stepout
Stepout 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 Match, Skout, Momo, LOVOO and Mamba, 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 matchmaking listings are facilitated via a digital platform.
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| domain | founded_year | HQ Location |
People are connected via a mobile dating and discovery platform.
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| domain | founded_year | HQ Location |
A social networking platform is operated for connecting strangers.
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| domain | founded_year | HQ Location |
Social discovery and mobile dating app
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| domain | founded_year | HQ Location |
Russian online dating platform enabling user registrations and profile browsing.
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| domain | founded_year | HQ Location |
Interest-based social networking and dating connections are facilitated for users.
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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 Stepout
When was Stepout founded?
Stepout was founded in 2008 and raised its 1st funding round 3 years after it was founded.
Where is Stepout located?
Stepout is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Stepout a funded company?
Stepout is a funded company, having raised a total of $5.16M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Feb 10, 2011.
What does Stepout do?
Stepout is a social discoverydating platform to find and like new people nearby. Stepout allows its users to vote yes or no on other people in a private manner. Stepout then only allows conversations between people who like each other. Originally, Stepout (formerly Ignighter) was an Indian social discovery service, that connected users based upon common interests and location. The original platform was purchased by the online media group Massive Media in September 2013. The company is based in Ghent and London and runs, among others, Netlog and Twoo. Has apps on Android iOS platforms.
What products or services does Stepout offer?
Stepout offers Stepout Platform.
Who are Stepout's investors?
Stepout has 8 investors. Key investors include Twoo, GTI Capital Group, PJC, Founder Collective, and GSA Venture Partners.
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