# SocialRadar

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

- Industry: Internet
- Headquarters: Washington, US
- Website: www.socialradar.com
- Total disclosed funding: $13M
- Latest round: Series A (Jun 19, 2013)
- Investors on record: 4

## About

SocialRadar, Inc. is a technology company that develops advanced software solutions designed to enhance operational efficiency, focusing on data management and customer engagement for various industries.Founded in 2013 and headquartered in Washington, US, SocialRadar, Inc. specializes in innovative software solutions. The company has undergone pivotal changes in strategy, and in November 2016, it was acquired by Verizon Communications, Inc. for an undisclosed amount. SocialRadar has raised a total of USD 12.75 mn through a SERIES A funding round, attracting investors such as Grotech Ventures, New Enterprise Associates, NextGen Angels, and SWaN & Legend Venture Partners, with its latest deal occurring on 17 November 2016.SocialRadar, Inc. offers innovative software platforms tailored to enhance operational efficiency across various industries. The core offerings focus on addressing challenges like data management, customer engagement, and workflow optimization, serving a diverse clientele ranging from small enterprises to large corporations in North America, Europe, and parts of Asia.The revenue model for SocialRadar, Inc. is based on subscriptions and partnerships, with clients subscribing to software solutions under tiered pricing plans that accommodate different service levels and user access. This structured approach promotes customer loyalty and ensures a consistent revenue stream as clients integrate the solutions into their operations.Following its acquisition by Verizon, SocialRadar, Inc. is expected to utilize its recent funding to innovate further and expand its product offerings. The company plans to launch new software solutions aimed at enhancing user experience and functionality, with specific details and release dates to be determined. Additionally, the company is targeting expansion into new geographical markets, although specific regions and timelines have yet to be disclosed.

## Funding rounds

- Series A, Jun 19, 2013, $13M — Grotech Ventures, New Enterprise Associates, NextGen Angels, SWaN & Legend

## Investors

- Grotech Ventures (https://capitalatlas.ai/funds/grotech-ventures) — Series A
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series A
- NextGen Angels — Series A
- SWaN & Legend (https://capitalatlas.ai/funds/swan-legend) — Series A