# Totspot

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

- Industry: Consumer Products
- Headquarters: San Francisco, US
- Website: www.totspot.me
- Total disclosed funding: $3.3M
- Latest round: Seed (Feb 3, 2016)
- Investors on record: 6

## About

Totspot is a digital platform designed to foster social interaction and community engagement. The app connects users through shared interests, enabling them to discover and participate in various local activities and events.Founded in San Francisco, US, Totspot specializes in enhancing social connectivity among users. The company's operations have evolved since its inception, focusing on providing a user-friendly app for discovering community-driven activities. In February 2016, Totspot raised USD 1.5 mn in Seed financing led by Seven Seas Venture Partners, with participation from GGV Capital, 500 Startups, and Structure Capital. The total amount raised by the company stands at USD 1.5 mn.Totspot.me specializes in a digital platform that enhances social interaction and community building among users with shared interests. The company's core offering includes a user-friendly app designed to facilitate the discovery and sharing of various activities, events, and experiences tailored to specific interests. This platform allows users to connect with like-minded individuals and participate in community-driven activities, thus addressing the growing demand for social engagement in an increasingly digital world. Targeting families, young professionals, and community organizers across urban centers in North America and Europe, Totspot.me focuses on metropolitan areas where social connectivity is paramount.The revenue model for Totspot.me is based on subscription services and partnerships with local businesses and event organizers. Users can subscribe to premium features that enhance their experience on the platform, which may include exclusive access to events and advanced networking tools. Partnerships enable Totspot.me to offer value-added services, such as promotions to its user base while providing businesses with targeted marketing opportunities. Transaction fees associated with ticket sales and event registrations conducted through the app also contribute to revenue generation.Totspot is planning to expand its product offerings and geographic reach in the near future. The company has outlined intentions for new features to be launched by the end of 2023, aimed at enhancing user engagement and community interaction. Moreover, Totspot is targeting expansion into additional metropolitan areas across North America and Europe by mid-2024. The recent Seed funding of USD 1.5 mn will support these initiatives, as it is intended to enhance product development and marketing efforts.

## Funding rounds

- Seed, Feb 3, 2016, $1.5M — Granite Asia, 500 Global, Structure Capital, Seven Seas Venture Partners
- Seed, Oct 9, 2014, $1.8M — Granite Asia, 500 Global, Queensbridge Venture Partners
- Seed, Sep 11, 2013 — Strong Ventures

## Investors

- Strong Ventures (https://capitalatlas.ai/funds/strong-ventures) — Seed
- Granite Asia (https://capitalatlas.ai/funds/granite-asia) — Seed
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Queensbridge Venture Partners (https://capitalatlas.ai/funds/queensbridge-venture-partners) — Seed
- Structure Capital (https://capitalatlas.ai/funds/structure-capital) — Seed
- Seven Seas Venture Partners (https://capitalatlas.ai/funds/seven-seas-venture-partners) — Seed