Socio Labs
Latest round
- Series A
Last raised
- Jul 2019
Total raised
- $6M
Investors
- 2
About Socio Labs
Socio Labs Inc.Founded in 2016 and headquartered in Indianapolis, US, Socio Labs Inc. specializes in event technology. The company has not undergone any significant pivots or changes in its core operations. Socio was co-founded by Joe Watkins, Suraj Singh, and Yarkin Sakucoglu, with Yarkin Sakucoglu serving as the current CEO.Webex Events, previously known as Socio, provides a comprehensive suite of event technology solutions designed to facilitate in-person, hybrid, and virtual events. Its core offerings include a registration platform that allows for fully branded event registration, flexible ticketing options, and seamless check-in and badge printing solutions. The platform enables organizations to manage speaker and sponsor collaborations, offering tools tailored for engagement, networking, and attendee interaction. Webex Events serves a diverse client base that includes enterprises, associations, and educational institutions across various industries such as healthcare, technology, and finance.Webex Events generates revenue through a subscription-based model that provides access to its suite of products and services. Clients typically engage in annual contracts that include various pricing tiers based on the scale and features of the events being hosted. The transaction structure is primarily B2B, with organizations paying for specific services like registration, event production, and mobile app integration. For instance, enterprises may choose to bundle services for a comprehensive event solution, which may include advanced features such as live streaming and data analytics.In May 2021, Cisco Systems, Inc. agreed to acquire Socio Labs Inc. from Greenspring Associates and High Alpha Capital, a transaction completed in July 2021. Following this acquisition, Socio is expected to expand its product offerings and enhance its technology solutions for event management. Future plans may include targeting new geographic markets in Europe and Asia by the end of 2023 to further broaden their client base.
Who invested in Socio Labs
2 investors across 1 round
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Funding rounds
Series A
Jul 2, 2019
Amount
$6M
Investors
Questions about Socio Labs
Who invested in Socio Labs?
Socio Labs has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Socio Labs raised?
Socio Labs has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Socio Labs last raise money?
Socio Labs's most recent round on record is a Series A, in Jul 2019.
What does Socio Labs do?
Socio Labs is a software company.
Where is Socio Labs headquartered?
Socio Labs is headquartered in Indianapolis, US.
Which VCs invest in companies like Socio Labs?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Socio Labs's stage. Their profiles are linked below.
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