About Townsquared
Townsquared is a company based in San Francisco (United States) founded in 2013 was acquired by UpCurve in June 2019.. Townsquared has raised $22.23 million across 3 funding rounds from investors including Intuit, Sierra Ventures and Jocelyn Goldfein. Townsquared has completed 1 acquisition, including Vooplan. Townsquared offers products and services including Content Platform and Messaging Platform. Townsquared operates in a competitive market with competitors including Alignable, Insider Pages, Hellofriend, Kirana Club and Fresh Chalk, among others.
- Headquarter San Francisco, United States
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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Products & Services of Townsquared
Townsquared offers a comprehensive portfolio of products and services, including Content Platform and Messaging 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.
Delivers articles on business tips and strategies
Enhances communication tools for business operations
Funding Insights of Townsquared
Townsquared has successfully raised a total of $22.23M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $11.5 million completed in August 2016. 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 B — $11.5M
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First Round
First Round
(21 Feb 2014)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2016 | Amount | Series B - Townsquared | Valuation | Sierra Ventures , Intuit | |
| Mar, 2014 | Amount | Series A - Townsquared | Valuation | Floodgate , August Capital |
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| Feb, 2014 | Amount | Series A - Townsquared | 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 Townsquared
Townsquared has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Intuit, Sierra Ventures and Jocelyn Goldfein. 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 investments in AI, healthcare, and enterprise technologies.
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Founded Year | Domain | Location | |
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Early-stage investments are focused on by Floodgate in US startups.
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Founded Year | Domain | Location | |
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Venture capital is invested personally in fewer enterprises, with support provided for building game-changing businesses.
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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 Townsquared
Townsquared has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Vooplan. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Messaging solutions are provided for user chats with people.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Townsquared
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Townsquared Comparisons
Competitors of Townsquared
Townsquared 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 Alignable, Insider Pages, Hellofriend, Kirana Club and Fresh Chalk, 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 |
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| domain | founded_year | HQ Location |
Social platform for small business owners
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| domain | founded_year | HQ Location |
Web portal which offers recommendation on Local Services
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| domain | founded_year | HQ Location |
Online local event discovery platform is operated for user connections.
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| domain | founded_year | HQ Location |
Online kirana community platform offers solutions for businesses
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| domain | founded_year | HQ Location |
Local businesses are listed and recommended via an online platform.
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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 Townsquared
When was Townsquared founded?
Townsquared was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Townsquared located?
Townsquared is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Townsquared a funded company?
Townsquared is a funded company, having raised a total of $22.23M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5.36M, raised on Feb 21, 2014.
What does Townsquared do?
Founded in 2013 in San Francisco, United States, Townsquared operates as a private platform in the local networking sector. Connections are facilitated between businesses and neighborhood residents for communication and collaboration. Access is provided to directories, local issue discussions, business expertise, safety alerts, and staff profiles. Resources are shared among businesses to support development, with operations focused on secure, community-based interactions.
Who are the top competitors of Townsquared?
Townsquared's top competitors include Alignable, Kirana Club and Insider Pages.
What products or services does Townsquared offer?
Townsquared offers Content Platform and Messaging Platform.
How many acquisitions has Townsquared made?
Townsquared has made 1 acquisition, including Vooplan.
Who are Townsquared's investors?
Townsquared has 7 investors. Key investors include Intuit, Sierra Ventures, Jocelyn Goldfein, Pravin Madhani, and Floodgate.
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