Tech Company Financing Transactions
Social Market Funding Round
On 1/13/2025, Social Market received $30 million in Seed investment from Hitchens Ventures and private investors.
Transaction Overview
Company Name
Announced On
1/13/2025
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Seed
Investors
Hitchens Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate the development of its mobile app, website, and DeSo node, as well as marketing efforts to empower creators and foster financial engagement.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Pflugerville, TX 78660
USA
Pflugerville, TX 78660
USA
Phone
Undisclosed
Website
Email Address
Overview
The Social Market is a place where creators, investors, media, and everything in between to connect and earn together. We believe creators and artists should be able to quickly monetize their work. We want to offer a convenient and unique place for them to earn their worth, FAST. We believe there should be an inclusive place to trade and engage in the financial world. We allow users to engage with similar minds and financially support others.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jesus Burgoa
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records 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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