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Social Discovery Group

North America, New York, United States, New York

Description

Social Discovery Group (SDG), headquartered in New York, is a prominent global technology company that has established itself as a leader in the social discovery sector. The group encompasses a diverse ecosystem, integrating over 50 distinct brands, a dedicated investment fund known as SDG Ventures, and an innovative venture studio. SDG's core mission revolves around identifying, nurturing, and investing in groundbreaking social discovery technology startups, spanning areas such as online dating, social networking, communication platforms, and interactive entertainment. This integrated approach allows SDG to leverage its operational expertise and market insights to support its portfolio companies.

SDG Ventures serves as the investment arm, strategically deploying capital into promising early-stage ventures. The fund primarily targets companies in their Seed to Series A funding rounds, seeking out innovative solutions that aim to connect people and foster meaningful interactions. SDG Ventures is known for its flexible investment approach, with typical first checks ranging from $100,000 to $5 million, providing crucial capital for product development, market entry, and scaling operations. Their investment thesis is deeply rooted in the belief that social discovery technologies will continue to shape human connection in the digital age.

To date, Social Discovery Group has built an impressive portfolio, having invested in over 100 companies across various geographies and sub-sectors within social discovery. Notable investments include platforms like OpenWeb, Flo, and Magnetico, showcasing their commitment to diverse applications of social technology. The group's unique blend of operational businesses, a venture studio for internal innovation, and an active investment fund positions it as a comprehensive partner for entrepreneurs in the social discovery space, offering not just capital but also strategic guidance and access to a vast network.

Investor Profile

Social Discovery Group has backed more than 35 startups, with 1 new investments in the last 12 months alone. The firm has led 9 rounds, about 26% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series A, Seed rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, The Netherlands.
  • Strong thematic focus on Internet, Apps, Social Media.
  • Led 1 rounds in the past year.
  • Typical check size: $100K – $5M.

Stage Focus

  • Series Unknown (34%)
  • Series A (29%)
  • Seed (23%)
  • Series C (9%)
  • Convertible Note (6%)

Country Focus

  • United States (51%)
  • United Kingdom (11%)
  • The Netherlands (3%)
  • Israel (3%)
  • Singapore (3%)
  • Ukraine (3%)
  • Russian Federation (3%)
  • Spain (3%)
  • Malta (3%)
  • India (3%)

Industry Focus

  • Internet
  • Apps
  • Social Media
  • Software
  • Health Care
  • Mobile
  • Artificial Intelligence (Ai)
  • Information Technology
  • Dating
  • Media And Entertainment
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Social Discovery Group frequently co-invest with?

Gaingels
North America, Vermont, United States, Burlington
Co-Investments: 1
Fuel Capital
North America, California, United States, Burlingame
Co-Investments: 1
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 1
Elysium Venture Capital
North America, California, United States, Palo Alto
Co-Investments: 2
Flint Capital
North America, Massachusetts, United States, Cambridge
Co-Investments: 2
AME Cloud Ventures
North America, California, United States, Palo Alto
Co-Investments: 1
AI Fund
North America, California, United States, Palo Alto
Co-Investments: 1
GFR Fund
North America, Texas, United States, The Woodlands
Co-Investments: 1
Jazz Venture Partners
North America, California, United States, San Francisco
Co-Investments: 1
AAFM
North America, New York, United States, New York
Co-Investments: 1

Which angels does Social Discovery Group often collaborate with?

TR
North America, California, United States, San Francisco
Shared Deals: 1
JR
North America, United States
Shared Deals: 1
ZH
North America, California, United States, Berkeley
Shared Deals: 1
AO
North America, California, United States, San Francisco
Shared Deals: 1
NB
North America, California, United States, San Francisco
Shared Deals: 1
David Marcus
North America, California, United States, San Francisco
Shared Deals: 1
EN
North America, California, United States
Shared Deals: 1
SA
North America, California, United States, San Francisco
Shared Deals: 1
JS
North America, California, United States
Shared Deals: 1
SG
Europe, England, United Kingdom, London
Shared Deals: 1

What are some of recent deals done by Social Discovery Group?

Flure

Nicosia, Nicosia, Cyprus

Flure is a next-generation dating app emphasizing safety, respect, and personal expression.

DatingInternet
SeedFeb 27, 2025
My NFT Wars

Kyiv, Kyyiv, Ukraine

My NFT Wars is a Play-Create-Own-based massively multiplayer online role-playing game (MMORPG).

BlockchainCryptocurrencyGamingMMO GamesOnline Games
Series AFeb 3, 2023
Amount Raised: $2,000,000
Queer Spaces

Los Angeles, California, United States

Queer Spaces develops a group chat platform for queer communities and an app for the LGBTQ+ spectrum.

Developer PlatformLGBTSocial MediaSoftware
SeedJan 24, 2023
Zhonghui Laser

Suzhou, Jiangsu, China

Zhonghui Laser is an emerging technology company dedicated to the development and manufacture of advanced lasers.

LaserManufacturing
Series AMay 7, 2022
Woebot Health

San Francisco, California, United States

Woebot Health provides behavioral health solutions and prescription for adolescent and postpartum depression.

Artificial Intelligence (AI)Health CareMental HealthmHealthSoftwareTherapeutics
Series UnknownDec 29, 2020
Amount Raised: $1,000,000
Fable Studio

San Francisco, California, United States

Fable Studio is a developer of virtual reality projects designed to give an immersive experience.

Digital EntertainmentMedia and EntertainmentSoftwareVirtual Reality
Series UnknownMar 20, 2020
S'More Date

New York, New York, United States

S'More Date is a Dating Application.

AppsInternetService Industry
SeedNov 27, 2019
Amount Raised: $1,100,000
Grabr

San Francisco, California, United States

Grabr is a global peer-to-peer shopping and delivery platform.

DeliveryE-CommerceMarketplacePeer to PeerTravel
Series UnknownJun 19, 2019
Amount Raised: $1,000,000
Flo Health

London, England, United Kingdom

Flo Health develops a women’s health app that provides access to cycle tracking, health insights, and a private community.

AppsArtificial Intelligence (AI)Health CareWellnessWomen's
Series AMay 8, 2019
Amount Raised: $7,500,000
Flo Health

London, England, United Kingdom

Flo Health develops a women’s health app that provides access to cycle tracking, health insights, and a private community.

AppsArtificial Intelligence (AI)Health CareWellnessWomen's
Series AOct 11, 2018
Amount Raised: $12,000,000