What is SRAX?
Headquartered in Los Angeles, California, SRAX operates as a data technology firm. Its core business revolves around developing products and services designed to enhance investor and consumer brand awareness for publicly traded companies. The company leverages data to provide actionable insights, aiming to bridge the gap between corporate communication and market perception. SRAX's focus on data-driven solutions positions it within the competitive MarTech and FinTech sectors, where understanding and influencing brand awareness is paramount for public entities.
How much funding has SRAX raised?
SRAX has raised a total of $14M across 2 funding rounds:
Debt
$1M
Unspecified
$13M
Debt (2020): $1M with participation from PPP
Unspecified (2020): $13M led by Undisclosed
Key Investors in SRAX
Undisclosed Investors
PPP
Public-Private Partnership
What's next for SRAX?
The recent major strategic investment suggests SRAX is poised for significant expansion and product enhancement. This capital injection will likely fuel further development of its data technology platform, enabling the company to deepen its market penetration and refine its offerings for public companies seeking to optimize investor relations and consumer engagement. The company's ability to attract substantial backing indicates strong market confidence in its business model and future prospects, potentially leading to new strategic partnerships and an expanded client base.
See full SRAX company page