Tech Company Financing Transactions
Sobrr Funding Round
On 9/3/2014, Sobrr raised $1.1 million in investment from Ridge Ventures and private investors.
Transaction Overview
Company Name
Announced On
9/3/2014
Transaction Type
Venture Equity
Amount
$1,100,000
Round
Undisclosed
Investors
Ridge Ventures (Lead Investor)
Proceeds Purpose
After having locked their seed round funding, the team is working towards bringing Sobrr to more users through its new upcoming features. While currently only available on iOS, Sobrr will first be released in beta mid-September.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
2500 Ridgepoint Dr.
Austin, TX 78745
USA
Austin, TX 78745
USA
Phone
Undisclosed
Website
Email Address
Overview
Sobrr is a social networking app that allows users to share content and meet new people freely. All contents on Sobrr can only be viewed once, and they expire in 24 hours, regardless whether it has been viewed or not. This allows users to be more spontaneous and lesscautious in their user interactions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
VP - Customer Service
Jen Lepp
VP - Engineering
Ryan Macdonald
VP - Sales
Zach Kwarta
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