SPROCKIT Surpasses $2 Billion USD Milestone
SPROCKIT, the Global Innovation Marketplace, connecting the world's top market-proven startups and Fortune 500 companies in media, entertainment and technology, today announced its startup community has collectively raised more than $2 billion USD in funding, including $1 billion after joining SPROCKIT. The news comes as SPROCKIT enters a robust fourth quarter recruiting for its 2021 cohort, participating at NAB Show New York and the ACA 2020 Fall Angel Forum, hosting SPROCKIT Sync and leading weekly expert panel discussions.
"SPROCKIT is enormously proud of the accomplishments of our startup cohorts and our corporate partners' involvement in their successes," said Harry M. Glazer, founder and CEO, SPROCKIT. "It took five years to hit the $1 billion USD benchmark and only 18 months to double it."
Notable acquisitions and fundraises in the last year include:
SPROCKIT closes out a busy 2020 on a high note:
SPROCKIT is actively curating its 2021 cohort, identifying and vetting market-proven startups. New startups will join a highly selective class which includes: iDenTV, Living PopUps, MyBundleTV, Omnistream, Podcast Village, SafeGuard Privacy, Veep.io and Videomine.
SPROCKIT remains committed to building its diverse and inclusive cohorts, recently announcing a "diversity credit" for underrepresented founders, including women, minorities, LGBTQ+ and more. Interested parties should reach out to firstname.lastname@example.org for more information about the SPROCKIT startup program.
SPROCKIT is the Global Innovation Marketplace that curates, connects and fosters collaboration among leading media, entertainment and technology companies and the world's top market-proven startups to bring innovative products, services and revenue models to market through partnerships, investments and acquisitions. Since its launch in 2013, more than 175 emerging companies have participated in SPROCKIT, raising more than $2 billion USD and resulting in hundreds of partnerships and 25 acquisitions. For more information, visit www.sprockit.com.
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