Ditto
Company

Last deal

$775K

Amount

Seed

Stage

06.09.2010

Date

1

all rounds

$775K

Total amount

date founded

Financing round

General

About Company
Ditto.me is a location-based social-planning recommendation iPhone app.

Industry

Sector :

Subsector :

Also Known As

Pingpin Inc.

founded date

01.01.2010

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

With Ditto.me, users can easily share their plans and activities, see what their friends are doing, and get recommendations for restaurants, movies, and things to do. The app allows for both public and private sharing, as well as chat and conversations. It also integrates with FourSquare, Twitter, and Facebook for easy sharing. In 2012, Ditto.me was acquired by Groupon, although the terms of the deal were not disclosed. The app aims to simplify the process of planning and sharing activities, allowing users to spend less time planning and more time enjoying the things they love with friends.
Contacts

Contact Email

Phone number

Social url

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M&A Details
1

Transaction name

Acquired by

Groupon

announced date

17.04.2012

Financials

Funding Rounds
1
1

Number of Funding Rounds

$775K

Money Raised

Their latest funding was raised on 06.09.2010. Their latest investor Betaworks. Their latest round Seed

Date 
Funding Round 
Investors 
Money Raised 
Lead 
Betaworks

Betaworks

Betaworks is a startup studio that builds and invests in next generation internet companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Business Development

Location

New York, NY, USA

total rounds

6

total raised

$50.95M

count Of Investments

186

count Of Exists

62
True Ventures

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True Ventures is a Silicon Valley-based venture capital firm that invests in early-stage technology startups.

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Investment Banking and Brokerage Services

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Palo Alto, CA, USA

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544

count Of Exists

110
Co-Investors
Investors
3
2

Number of lead investors

3

Number of investors

Investor 
Lead 
Round 
Partners 
Betaworks

Betaworks

Betaworks is a startup studio that builds and invests in next generation internet companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Business Development

Location

New York, NY, USA

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6

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John Borthwick

John Borthwick

John Borthwick is the CEO and Founder of Betaworks. He leads the company building and investment process since 2008. Previously, John was SVP of Alliances and Technology Strategy for Time Warner Inc.; CEO of Fotolog, one of the first social photo sharing sites; and head of AOL’s product development studio after they acquired his first company, WP Studio, one of Silicon Alley’s first content studios. John holds an MBA from Wharton and a BA in Economics from Wesleyan University.

current job

Betaworks
Betaworks

organization founded

3
Jyri Engestrom

Jyri Engestrom

Jyri Engestrom is General Partner of Yes VC, an early-stage venture capital firm based in San Francisco. He was previously a member of the investment team at [True Ventures](https://www.crunchbase.com/organization/true-ventures). He is founder of two mobile consumer companies: [Jaiku](https://www.crunchbase.com/organization/jaiku), a mobile social network acquired by [Google](https://www.crunchbase.com/organization/google); and [Ditto](https://www.crunchbase.com/organization/ditto), a mobile local recommendations application acquired by [Groupon](https://www.crunchbase.com/organization/groupon). As an executive he has run product teams at Google, Groupon, [Boosted](https://www.crunchbase.com/organization/boosted-boards) and [Nokia](https://www.crunchbase.com/organization/nokia). He is co-founder of Sesat School, a micro-school in San Francisco; and serves on the board of the Rare Cancer Research Foundation. He also co-owns a café in Helsinki.

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Yes VC
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8
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count Of Exists

110
Jon Callaghan

Jon Callaghan

Jon is an early stage venture capitalist and co-founder of True Ventures. He has been in the venture capital business since 1991 and built three companies of his own. His first was Mountain Bike Outfitters, Inc., which he created at age 18. Jon started his venture career as an associate at Summit Partners and then joined Greenhouse, AOL’s venture capital investment group and incubator. He entered the internet market early by joining CMGI’s @Ventures group in 1996. Before founding True, Jon was a managing director at Globespan Capital Partners. First as a founder and now as an investor in early-stage technology companies, Jon’s direct startup experience has allowed him to see the world through an entrepreneur’s eyes. Jon’s career has been driven by a deep belief in the power of human creativity to improve our world. Jon received a bachelor’s degree in government from Dartmouth College and an MBA, with distinction, from Harvard Business School. He was recently the Chairman of the National Venture Capital Association. When he is not empowering the entrepreneurs of tomorrow, you can find him talking about airplanes or hanging out with his wife and four boys.

current job

True Ventures
True Ventures

organization founded

5

People

Founders
1
Jyri Engestrom
Jyri Engestrom

Jyri Engestrom

Jyri Engestrom is General Partner of Yes VC, an early-stage venture capital firm based in San Francisco. He was previously a member of the investment team at [True Ventures](https://www.crunchbase.com/organization/true-ventures). He is founder of two mobile consumer companies: [Jaiku](https://www.crunchbase.com/organization/jaiku), a mobile social network acquired by [Google](https://www.crunchbase.com/organization/google); and [Ditto](https://www.crunchbase.com/organization/ditto), a mobile local recommendations application acquired by [Groupon](https://www.crunchbase.com/organization/groupon). As an executive he has run product teams at Google, Groupon, [Boosted](https://www.crunchbase.com/organization/boosted-boards) and [Nokia](https://www.crunchbase.com/organization/nokia). He is co-founder of Sesat School, a micro-school in San Francisco; and serves on the board of the Rare Cancer Research Foundation. He also co-owns a café in Helsinki.

current job

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count Of Investments

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Jyri Engestrom

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