# Discoverly

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/discoverly

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.discover.ly
- Total disclosed funding: $1M
- Latest round: Seed (Mar 6, 2013)
- Investors on record: 5

## About

Discoverly is a technology company specializing in enhancing business networking through advanced social media data integration tools and insights, aimed at optimizing lead generation and outreach strategies.Discoverly is a technology company focused on leveraging social media data to improve professional networking. Founded in San Francisco, US, the company has roots in the digital marketplace where it has pivoted to enhance its product offerings for various professional sectors. Stan Touhlov leads the company as CEO. In March 2013, Discoverly raised USD 0.75 mn in Seed funding from a group of investors including Salesforce, Inc., Bessemer Venture Partners, Atlas Venture, Great Oaks Venture Capital, and Alchemist Accelerator. This funding represents the total amount raised to date.Discoverly offers a suite of tools designed to leverage social media data to enhance business networking and lead generation. Their core offerings include integration features that allow users to connect social profiles to professional databases, enabling businesses to gain insights into their contacts and potential clients. This functionality aims to streamline the process of identifying actionable relationships and improving outreach strategies. Discoverly primarily serves professionals in sales, marketing, and recruiting, with clients ranging from small startups to larger enterprises across North America and Europe. Their products are developed to meet the demands of an increasingly digital marketplace, focusing on user-friendly interfaces that facilitate effective use of social data in business contexts.The revenue structure of Discoverly is primarily based on subscription models, catering to both individual users and corporate clients. Clients subscribe to various pricing tiers that grant access to the platform's features, enhancing their ability to utilize social data for business development. Transactions typically occur through direct-to-consumer channels, where customers select plans tailored to their specific needs, which may include additional features or support services. Discoverly’s flagship offering is designed to provide comprehensive social insights, and the subscription fees reflect the value added through enhanced connectivity and data accessibility. The company has established a pricing strategy that aligns with the competitive landscape, aiming to deliver strong return on investment for its users.Discoverly plans to utilize the recent Seed funding of USD 0.75 mn raised in March 2013 to develop new products aimed at expanding their service offerings and enhance user experience. They are also targeting expansion into new geographic regions, with a focus on increasing their presence in Europe and North America by the end of 2014. The funding will support the development of innovative features aimed at improving the platform's capabilities and user engagement.

## Funding rounds

- Seed, Mar 6, 2013, $0.8M — Atlas Venture, Bessemer Venture Partners, Salesforce, Inc., Great Oaks Venture Capital, Alchemist Accelerator
- Seed, Feb 1, 2013, $0.3M — Alchemist Accelerator

## Investors

- Alchemist Accelerator (https://capitalatlas.ai/funds/alchemist-accelerator) — Seed
- Atlas Venture (https://capitalatlas.ai/funds/atlas-venture) — Seed
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Seed
- Salesforce, Inc. — Seed
- Great Oaks Venture Capital (https://capitalatlas.ai/funds/great-oaks-venture-capital) — Seed