Community Connect Overview
- Year Founded
-
1996
- Status
-
Acquired/Merged
- Latest Deal Type
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M&A
- Latest Deal Amount
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$38M
Community Connect General Information
Description
Developer of niche social networking sites for ethnic groups. The company's sites feature articles and news related to their respective ethnic communities as well as forums and chat-rooms.
Contact Information
Website
www.communityconnect.comCorporate Office
- 205 Hudson Street
- 6th Floor
- New York, NY 10013
- United States
Corporate Office
- 205 Hudson Street
- 6th Floor
- New York, NY 10013
- United States
Community Connect Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 10-Apr-2008 | $38M | Completed | Generating Revenue | ||
| 5. Later Stage VC (Series E) | 15-Oct-2007 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series D) | 27-Sep-2002 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series C) | 12-Apr-2000 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series B) | $3.45M | $4.75M | Completed | Startup | ||
| 1. Early Stage VC (Series A) | 25-Nov-1998 | $1.3M | $1.3M | Completed | Startup |
Community Connect Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series E | ||||||||
| Series D | ||||||||
| Series C | ||||||||
| Series B | 145,000 | $0.000040 | $23.77 | $23.77 | $5.6 | 11.44% | ||
| Series A | 208,000 | $0.000040 | $6.25 | $6.25 | $1.56 | 15.46% |
Community Connect Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Community Connect Former Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Broadsword Partners | Growth/Expansion | Majority | ||
| Comcast Ventures | Corporate Venture Capital | Minority | ||
| ConnectCapital | PE/Buyout | Minority | ||
| Frederick Krueger | Angel (individual) | Minority | ||
| JUMP Investors | Venture Capital | Minority |
Community Connect FAQs
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When was Community Connect founded?
Community Connect was founded in 1996.
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Who is the founder of Community Connect?
Michael Monero is the founder of Community Connect.
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Where is Community Connect headquartered?
Community Connect is headquartered in New York, NY.
-
What industry is Community Connect in?
Community Connect’s primary industry is Social/Platform Software.
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Is Community Connect a private or public company?
Community Connect is a Private company.
-
What is the current valuation of Community Connect?
The current valuation of Community Connect is .
-
What is Community Connect’s current revenue?
The current revenue for Community Connect is .
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How much funding has Community Connect raised over time?
Community Connect has raised $23.1M.
-
Who are Community Connect’s investors?
Broadsword Partners, Comcast Ventures, ConnectCapital, Frederick Krueger, and JUMP Investors are 5 of 7 investors who have invested in Community Connect.
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When was Community Connect acquired?
Community Connect was acquired on 10-Apr-2008.
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Who acquired Community Connect?
Community Connect was acquired by Urban One.
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