Squad, Inc.
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Squad, Inc. - overview
Established
2015
Location
New York, NY, US
Primary Industry
Internet
About
Squad, Inc. is a New York-based company that offers digital solutions for online presence optimization and user engagement, catering primarily to small and medium-sized businesses. Founded in 2015 in New York, US, Squad, Inc. focuses on providing digital solutions for businesses.
The company has undergone strategic development to enhance its offerings. In December 2020, Squad, Inc. was acquired by Twitter, Inc. from First Round Capital and Lerer Hippeau Ventures for undisclosed financial terms.
The company has secured USD 1. 70 mn in its most recent Seed funding round, supported by investors such as Brainchild Holdings, First Round Capital, and Lerer Hippeau Ventures. The total amount raised by Squad, Inc. stands at USD 1.
70 mn with a total of 2 deals completed. Squad, Inc. primarily offers a suite of digital solutions aimed at enhancing online presence and user engagement. Their services include website hosting, domain registration, and web development tools, specifically designed for small to medium-sized businesses (SMBs) and individual entrepreneurs.
Their product lineup has evolved over the past decade, integrating features that support user-friendly interfaces and robust customer assistance, catering to clients in North America, Europe, and parts of Asia. The revenue model of Squad, Inc. is based on subscription services, where clients engage in recurring transactions for hosting and domain services. Clients typically enter annual agreements for website hosting, providing customizable features and support.
The firm’s revenue streams are further enhanced through partnerships with third-party service providers, enabling B2B and direct-to-consumer transactions. Squad, Inc. plans to expand its product offerings by introducing new features focused on enhancing user experience in the digital space, with anticipated launches in the upcoming quarters. The company aims to penetrate additional markets in Europe and Asia by the end of 2023.
The recent Seed funding of USD 1. 70 mn will be allocated towards research and development of new products as well as supporting market expansion efforts.
Current Investors
X Corp., Digital Garage, Inc.
Primary Industry
Internet
Sub Industries
Social Networking & Communication Platform
Website
www.getsquad.co
Verticals
Mobile Apps, Social Media
Company Stage
Add-on
Total Amount Raised
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Squad, Inc. - employee data
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