Sagoon
About this raise
Sagoon is a social commerce app that enables users of all ages to connect, share, and earn. Free to use, Sagoon allows users to communicate socially, shop, and be rewarded for doing so. The multi-application platform offers three products, and its Android app is available for global users, with an iOS app coming soon. Launched by Bollywood star Shraddha Kapoor in January 2018, one million people have since downloaded the app. Sagoon boasts 2.3M users, 25,000 organic new user sign-ups, 10M page views, and 65M waiting users. The bottom line? Sagoon is on a social mission -- they want to change the way we use social media, and they’re out to make that a reality...one new user at a time.
Investment Overview
Invested $225,561 :
Deal Terms
Company & Team
Company
- Year Founded
- 2006
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- Capital Intensity
- Location
- Woodbridge, Virginia
- Company Website
-
Visit Website
Team
- Employees
- 25
Financials
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
12/28/2018 | StartEngine | $78,300,000 | $225,561 | Equity - Common | Funded | RegCF |