About Trapit
Trapit is a company based in San Francisco (United States) founded in 2010 was acquired by ScribbleLive in May 2017. Trapit has raised $19.76 million across 8 funding rounds from investors including ScribbleLive, Digital Five and Horizons Ventures. The company has 27 employees as of December 31, 2015. Trapit has completed 1 acquisition, including Addvocate. Trapit offers products and services including Subscription Platform, Pay-Per-View Feature, and Tipping System. Trapit operates in a competitive market with competitors including BNI, Extole, Firstup, Mention Me and Qmee, among others.
- Headquarter San Francisco, United States
- Employees 27 as on 31 Dec, 2015
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$19.76 M (USD)
in 8 rounds
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Latest Funding Round
$1000 K (USD), Series A
Aug 06, 2013
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Investors
ScribbleLive
& 3 more
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Employee Count
27
as on Dec 31, 2015
- Investments & Acquisitions
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Acquired by
ScribbleLive
(May 01, 2017)
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Products & Services of Trapit
Trapit offers a comprehensive portfolio of products and services, including Subscription Platform, Pay-Per-View Feature, and Tipping System.
Enables creators to sell and monetize content through subscriptions
Allows one-time payments for specific creator content
Facilitates direct tips from subscribers to creators
Funding Insights of Trapit
Trapit has successfully raised a total of $19.76M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $1000 thousand completed in August 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.
Investors in Trapit
Trapit has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include ScribbleLive, Digital Five and Horizons Ventures.
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Horizons Ventures is focused on investing in deep science and technology.
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Private equity investments are directed toward growth-stage companies.
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Investor details for Trapit
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- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Trapit
Trapit has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Addvocate.
Investment portfolio details for Trapit
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- Portfolio identities
- Transaction dates
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Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Employee advocacy marketing software is provided for brand amplification.
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Complete acquisition details for Trapit
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Trapit
Detailed financials for Trapit
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Trapit Comparisons
Peer comparison for Trapit
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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- Headcount comparison
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Competitors of Trapit
Trapit 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 BNI, Extole, Firstup, Mention Me and Qmee, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Referral marketing solutions are provided to businesses through networking platforms.
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B2C and P2P referral automation platform
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Cloud-based communication and employee experience management platform for enterprises
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Referral marketing solutions are delivered for eCommerce via word-of-mouth channels.
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App-based online platform offering rewards
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Advocate Marketing Solution
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Detailed competitors of Trapit
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Verified entity values are shown only after access is granted.
Latest news on Trapit
Complete news archive for Trapit
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Frequently Asked Questions about Trapit
Trapit was founded in 2010.
Trapit is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Trapit is a funded company, having raised a total of $19.76M across 8 funding rounds to date.
As of Dec 31, 2015, the latest employee count at Trapit is 27.
Trapit provides content discovery sources including blogs, professional journals, news services, magazines, video feeds, and podcasts based on keyword search or interests. Core technology derived from a 200 million DARPA-funded research project in Artificial Information and Machine Learning. Uses AI and Machine Learning algorithms to improvise on content discovery. Content is curated using an intuitive interface; allows editing and voice narrations. One-click publish to many channels and auto publish-schedule. Clients include Microsoft, Astro, Black Creative, HD Vest, and SpinMedia.
Trapit offers Subscription Platform, Pay-Per-View Feature, and Tipping System.
Trapit has made 1 acquisition, including Addvocate.
Trapit has 4 investors. Key investors include ScribbleLive, Digital Five, Horizons Ventures, and Vformation.