Tech Company Financing Transactions
Society Brands Funding Round
i80 Group and private investors participated in a $204 million capital raise for Society Brands. The round closed on 3/9/2022.
Transaction Overview
Company Name
Announced On
3/9/2022
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$204,000,000
Round
Undisclosed
Investors
i80 Group (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
3033 Whipple Ave. NorthWest
Canton, OH 44708
USA
Canton, OH 44708
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Society Brands created what we call our E2 Strategy. We pay considerable cash at closing with the additional consideration awarded as rollover equity into Society Brands. This allows you to enjoy a large upside with the rest of our founders when we eventually IPO or sell the company.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Sirpilla
Chief Marketing Officer
John Collins
Chief Operating Officer
Shawn Dougherty
President
Justin Sirpilla
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Where The Data Comes From
We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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