Sos Secures $7.6M In Funding, Supported By Wasserman Ventures And Urban Us Capital, To Grow Its Network Of Smart Wellness Vending Machines Across Sports Arenas, Entertainment Venues And College Campuses
Jun 22, 2023•over 2 years ago
Amount Raised
$7.6 Million
Investors
Urban Us CapitalWasserman Ventures
Description
SOS, the female-founded company that is redefining wellness on the go through a fast-growing network of smart vending machines, is announcing $7.6 million in funding in two separate strategic partnerships: a $2.6 million investment round supported by Wasserman Ventures and $5 million round led by Urban Us Capital to support machine production and expansion. Through these partnerships, SOS will leverage the investment to expand into sports arenas, entertainment venues and college campuses, while continuing to deliver on its mission of creating a more inclusive and elevated wellness experience for anybody, anywhere – underscored with always-free period care products.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers