Tech Company Financing Transactions
Qloo Funding Round
On 6/15/2016, Qloo received $4.5 million in Series A investment from AllMobile Fund and private investors.
Transaction Overview
Company Name
Announced On
6/15/2016
Transaction Type
Venture Equity
Amount
$4,500,000
Round
Series A
Investors
private investors (Barry Sternlicht)
private investors (Leonardo DiCaprio)
private investors (Pierre Lagrange)
Proceeds Purpose
Qloo will use the new funding to increase the size and depth of their database, and win over new corporate clients. Qloo's CEO said the company is interested in expanding within hotels and resorts, restaurants, media and entertainment, and even seeks to become a part of connected cars, especially helping automakers deliver personalized recommendations in a navigation or entertainment system.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
195 Bowery 3rd Floor
New York, NY 10002
USA
New York, NY 10002
USA
Phone
Website
Email Address
Overview
Qloo is a cultural discovery platform that empowers members to discover new things and places based on their existing taste in any area. Qloo serves personalized suggestions for: music, film, TV, dining, nightlife, fashion, books and travel. Qloo members can decide which aspects of their taste are most relevant every time they seek suggestions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alexander Elias
Chief Operating Officer
Jay Alger
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Next: 6/15/2016: Patina Solutions Group venture capital transaction
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We do our best to report on funding rounds that are announced publicly. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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