How Much Did 121Mobile Raise?
Funding & Key Investors

121Mobile has secured $41K in total financing, with its most recent funding round bringing in $41K. This substantial expansion capital injection signifies a significant Series B/C stage for the company, positioning it for accelerated growth and market penetration.

What is 121Mobile?

121Mobile
Business ServicesSoftware TestingAdvertising Networks

121Mobile operates as a marketing activation platform, specializing in the transformation of online and offline marketing campaigns into interactive mobile engagement tools. The company's core strategy involves driving customer traffic from advertisements to physical stores by delivering picture-based mobile coupons directly to customers' smartphones. This approach has demonstrated a high redemption rate and a significant acquisition of new customers. By capturing and building a database of opted-in mobile phone numbers, 121Mobile enhances marketing effectiveness for businesses aiming to improve customer engagement and increase in-store visits.

How much funding has 121Mobile raised?

121Mobile has raised a total of $41K across 1 funding round:

2021

Debt

$41K

Debt (2021): $41K with participation from PPP

What's next for 121Mobile?

With the recent influx of substantial expansion capital, 121Mobile is poised for a period of significant scaling and strategic development. The company's focus on measurable customer engagement and direct-to-mobile coupon redemption suggests a trajectory towards further innovation in personalized marketing solutions. Future investments are likely to be directed towards enhancing its data analytics capabilities, expanding its platform reach, and potentially exploring new verticals that can benefit from its unique approach to bridging digital advertising with physical retail experiences.

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Frequently Asked Questions Regarding 121Mobile Financial Insights

What are the most recent funding rounds that 121Mobile has completed, and what were the funding rounds?
121Mobile has recently completed 1 funding rounds: Debt on Mar 12, 2021.
What is the total amount of funding 121Mobile has raised to date?
121Mobile has raised a total of $41K in funding to date.
How many funding rounds has 121Mobile completed?
121Mobile has completed 1 funding rounds.
How much funding did 121Mobile raise in its most recent funding round?
121Mobile raised $41K in its most recent funding round.
Who are the lead investors in 121Mobile's latest funding round?
The lead investor in 121Mobile's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in 121Mobile's history?
The largest funding round in 121Mobile's history was $41K.
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