Tech Company Financing Transactions

StepOut Funding Round

StepOut secured a $500 thousand Seed venture capital round on 3/3/2025. Backers included Rainmatter Capital, IndigoEdge and private investors.

Transaction Overview

Company Name
Announced On
3/3/2025
Transaction Type
Venture Equity
Amount
$500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds for international business expansion majorly in the US, Australia, Middle East and Spain, in addition to product and AI development.

Company Information

Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
461 Park Ave. West 4th Floor
New York, NY 10016
USA
Phone
Undisclosed
Email Address
Overview
Young or old. Adventurous or couch surfer. Every once in a while we do get bored of our usual. Usual set of friends, activities and routine. StepOut lets you get away from all of it. In fact, we dare say, you might even find love here, if you are looking for it that is.
Profile
StepOut LinkedIn Company Profile
Social Media
StepOut Company Twitter Account
Company News
StepOut News
Facebook
StepOut on Facebook
YouTube
StepOut on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Adam Sachs
  Adam Sachs LinkedIn Profile  Adam Sachs Twitter Account  Adam Sachs News  Adam Sachs on Facebook
Chief Operating Officer
Raj Menon
  Raj Menon LinkedIn Profile  Raj Menon Twitter Account  Raj Menon News  Raj Menon on Facebook
Chief Technical Officer
Suvesh Malhotra
  Suvesh Malhotra LinkedIn Profile  Suvesh Malhotra Twitter Account  Suvesh Malhotra News  Suvesh Malhotra on Facebook
Co-Founder
Kevin Owocki
  Kevin Owocki LinkedIn Profile  Kevin Owocki Twitter Account  Kevin Owocki News  Kevin Owocki on Facebook
VP - Marketing
Umesh Choori
  Umesh Choori LinkedIn Profile  Umesh Choori Twitter Account  Umesh Choori News  Umesh Choori on Facebook


 

 

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About Database of VC Transactions

We do our best to report on all VC transactions involving tech companies. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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