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SOLOMO

solomotechnology.com

Stage

Angel | Alive

Total Raised

$2.43M

Last Raised

$330K | 8 yrs ago

About SOLOMO

Provider of a platform for personalized smartphone marketing. The company's offers modules that enable the secure gathering of consumer identity, location, and intent data. Companies can notify their employees or customers based on their location. This can be used to provide personalized offers and collect data about traffic patterns. It also offers a consumer application that enables customers to maintain their data and control shared information.

Headquarters Location

222 West Washington Avenue Suite 705

Madison, Wisconsin, 53703,

United States

(608)620-4285

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Latest SOLOMO News

LadBible’s two 30-year-old founders bank £53 million from IPO

Dec 15, 2021

December 15, 2021 - Advertisement - - Advertisement - wo Viral online publisher LadBible, 30, has banked £53 million from the flow of its business into London’s Junior AIM Marketplace. CEO Alexander ‘Soli’ Solomo and COO Ariane Kalantari were among a group of shareholders who sold £81.1 million worth of shares in Laddbible’s parent company LBG Media. - Advertisement - Solomo just sold the stake for just over £50 million, and Kalantari made about £3.2 million from the share sale. Both men sold about a quarter of their stake in the business, which they founded at the university in 2012. LBG Media, which also owns titles such as UNILAD and SportBible, raised £30 million in floats, valued at £360 million. The shares were offered at 175p and rose 20p, or 11%, to 195p in the opening deal. read more Rothermere extends offer to buy newspaper group after investor backlash FTSE 100 LIVE: Inflation rises to 5.1%, banks under pressure from rates Sponsored What can we do to give kids a better start in life? LadBible began as a viral publisher known for its ‘lady’ content that often went viral on Facebook. a parent profile suggested from 2015 that the brand could be a digital successor to lads mags like FHM and Zoo, saying it had “a lot of beer and boobs” in its early years. Recently the company ‘You OK M8?’ Trying to improve its image by starting a campaign like this. About mental health. The wider conglomerate has launched a separate brand, Tyla, to appeal to women. The company has matured as it has developed closer relationships with brands that want to reach the younger audience that Laddbible caters to. LadBible claims to reach two-thirds of UK children aged 18 to 34. It has worked on campaigns such as KFC, Netflix and Disney. LBG Media made a pre-tax profit of £4.1 million on sales of £30 million last year and had already taken in £23 million in revenue in the first six months of this year. Solomo and Kalantari said in a joint statement: “When we founded the company in 2012, we were looking for a way to connect with young people like us and we are incredibly proud of what we have built, It now has over 262 million social media followers worldwide. “We are committed to creating exciting, engaging and socially responsible content that gives a voice to the younger generation and appropriately represents their interests.” LBG plans to use the proceeds from its IPO to invest in the US and advance mergers and acquisitions. Solomo and Kalantari said: “The reception we have received from investors has been very positive and we are excited to begin the next phase of our growth story with the listing on AIM, which will help us to grow well. provide the platform. The future.” ,

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SOLOMO Frequently Asked Questions (FAQ)

  • Where is SOLOMO's headquarters?

    SOLOMO's headquarters is located at 222 West Washington Avenue, Madison.

  • What is SOLOMO's latest funding round?

    SOLOMO's latest funding round is Angel.

  • How much did SOLOMO raise?

    SOLOMO raised a total of $2.43M.

  • Who are the investors of SOLOMO?

    Investors of SOLOMO include Wisconsin Investment Partners.

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