Tech Company Financing Transactions
Society Brands Funding Round
On 10/17/2023, Society Brands raised $25 million in financing from Callais Capital and North Coast Ventures.
Transaction Overview
Company Name
Announced On
10/17/2023
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to continue acquiring e-commerce native brands in a targeted and strategic manner, further the build out of their operating team and infrastructure and provide financial strength to its balance sheet.
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
Browse more venture capital transactions:
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