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People

Founders
Employee Profiles

Activity

Recent News
StepOut
StepOut
Company

Last deal

$147K

Amount

Debt Financing

Stage

08.10.2010

Date

3

all rounds

$1.35M

Total amount

date founded

Financing round

General

About Company
Stepout is a social networking platform that allows Indians to connect and socialize with people in their local area.

Related to

Match Group
Match Group
Match Group

Match Group

The Match Group is the world's leading provider of dating products, revolutionizing the way people meet and start relationships every day.

Sector

Software and Computer Services

Subsector

Consumer Digital Services

Keywords

Financial Services

Location

New York, NY, USA

count Of Investments

4

count Of Exists

1

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2008

founders

Number of employees

11-50

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

Stepout, formerly known as Ignighter, is a New York-based company that has developed a social networking application for Android platforms. The platform aims to revolutionize the way people meet and interact with others by providing a convenient and localized experience. With Stepout, users can easily connect with individuals nearby and expand their social circles.
Contacts

location

New York, NY, USA

Contact Email

Website URL

https://www.twoo.com

Social url

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M&A Details
1

Transaction name

Acquired by Massive Media

Acquired by

Massive Media
Massive Media

Massive Media

announced date

01.09.2013

price

$25M

Financials

Funding Rounds
3
3

Number of Funding Rounds

$1.35M

Money Raised

Their latest funding was raised on 08.10.2010. Their latest round Debt Financing

Date 
Funding Round 
Investors 
Money Raised 
Lead 
08.10.2010
Debt Financing
—
$147K
—
15.10.2008
Angel
2
$1.2M
—
15.04.2008
Seed
2
—
—
Co-Investors
Investors
3
0

Number of lead investors

3

Number of investors

Investor 
Lead 
Round 
Partners 
Techstars
Techstars
No
Seed
—
Techstars Boulder Accelerator
Techstars Boulder Accelerator
No
Seed
—
Nihal Mehta
Nihal Mehta
No
Angel
—
Techstars

Techstars

Techstars is a global platform that provides investment, innovation, and support for entrepreneurs to grow their companies.

Sector

Software and Computer Services

Subsector

Consumer Digital Services

Location

Boulder, CO, USA

total rounds

6

total raised

$108.8M

count Of Investments

5758

count Of Exists

497
Techstars Boulder Accelerator

Techstars Boulder Accelerator

Techstars Boulder is a company that provides mentorship and support to founders.

Sector

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Subsector

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Location

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count Of Investments

152

count Of Exists

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Nihal Mehta

Nihal Mehta

Co-Founder at The100kPledge. Founding General Partner at ENIAC Ventures & India Internet Group.

current job

The100kPledge
The100kPledge

count Of Investments

31

count Of Exists

8

People

Founders
3
Daniel Osit
Daniel Osit

Daniel Osit

current job

Stitcher
Stitcher

organization founded

1
Daniel Osit

Daniel Osit

Kevin Owocki
Kevin Owocki

Kevin Owocki

Kevin is the founder of Gitcoin.co .

current job

Gitcoin
Gitcoin

organization founded

3
Kevin Owocki

Kevin Owocki

Adam Sachs
Adam Sachs

Adam Sachs

Adam Sachs is the President at Team Coco. Adam Sachs attended Northwestern University.

current job

The E.W. Scripps Company
The E.W. Scripps Company
Adam Sachs

Adam Sachs

Employee Profiles
6
Suvesh Malhotra

Suvesh Malhotra

CTO

CTO

Tarun Davda
Tarun Davda

Tarun Davda

VP & Country Head

VP & Country Head

Adam Sachs
Adam Sachs

Adam Sachs

Founder

Founder

Activity

Recent News
0