Roar Social

Roar Social


Launch date
Employees
Market cap
-
Enterprise valuation
AUD62—93m (Dealroom.co estimates Jun 2023.)
Los Angeles California (HQ)
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DateInvestorsAmountRound
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N/A

$10.0m

Seed
Total FundingAUD15.5m

Recent News about Roar Social

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Roar Social is a startup that aims to revolutionize the social media landscape by integrating social impact into the core of its platform. The company operates in the social media market, but with a unique twist: it combines the engaging elements of traditional social media with a focus on social good. This means that users can interact, share, and create content just like on other social media platforms, but with the added benefit of contributing to positive social change.

Roar Social serves a diverse range of clients, including individual content creators, nonprofit organizations, and brands. By bringing these groups together, Roar Social creates an ecosystem where everyone can contribute to social causes through their online activities. For example, a content creator can partner with a nonprofit to raise awareness about a specific issue, while brands can sponsor these initiatives to enhance their corporate social responsibility efforts.

The business model of Roar Social is built around "gamified giving." This means that the platform uses game-like elements to make the process of donating and supporting causes more engaging and enjoyable. Users can earn points, badges, and other rewards for their contributions, which not only makes the experience fun but also encourages more participation.

Roar Social makes money through various revenue streams. One primary source is partnerships with brands that want to sponsor social impact campaigns. These brands pay Roar Social for the opportunity to be featured on the platform and to associate their names with positive social initiatives. Additionally, Roar Social may take a small percentage of donations made through the platform, ensuring that a portion of the funds goes towards maintaining and improving the service.

In summary, Roar Social is a social media platform designed for social good, combining the efforts of creators, nonprofits, and brands to make a positive impact on the world. It operates in the social media market with a unique focus on gamified giving, serving a diverse client base and generating revenue through brand partnerships and donation fees.

Keywords: social media, social impact, gamified giving, content creators, nonprofits, brands, partnerships, donations, corporate social responsibility, engagement.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.