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BranchOut, Inc.
Business Summary
BranchOut, Inc. is a privately-held, venture capital backed telecommunications company that specializes in online career networking. Founded in 2008 by Richard G. Marini, BranchOut, Inc. headquarters are located in San Francisco, California.
Overview & Corporate Organization
Basic Information
| Company Tags: | PE Backed VC Backed |
| Year Founded: | 2008 |
| Formerly Named: | MyRockstar, Inc. |
| Fiscal Year End: | 12/31 |
| 1YR Employee Growth Rate: | View % |
| City: | San Francisco |
| State/Province: | California |
| Country: | United States |
| Phone: | View |
| Website: | www.branchout.com |
Corporate Organization
| Brands: | BranchOut |
| Founders: | Richard G. Marini |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Internet > Internet Services > Social Media |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Competitors & Comparables
Competitors
| LinkedIn Corporation |
| BeKnown |
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Financial Notes: | |
| * | BranchOut, Inc. fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
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BranchOut, Inc. Total Employees: |
VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Sep. 2010 | View | A | Venture Capital | |
| Sep. 2010 | View | A | Private Equity | |
| Details | Total Round A View | |||
| May. 2011 | View | Other | Venture Capital | |
| May. 2011 | View | Other | Venture Capital | |
| May. 2011 | View | Other | Private Equity | |
| May. 2011 | View | Other | Venture Capital | |
| Details | Total Round Other View | |||
| Apr. 2012 | View | Unspecified | Venture Capital | |
| Apr. 2012 | View | Unspecified | Venture Capital | |
| Apr. 2012 | View | Unspecified | Private Equity | |
| Apr. 2012 | View | Unspecified | Venture Capital | |
| Details | Total Round Unspecified View | |||
| Total of Funding Shown Above View | ||||
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Detailed Business Description: BranchOut, Inc.
Business Model
BranchOut, the startup founded in July 2010 by entrepreneur Richard Marini is the largest professional networking application on Facebook with more than 25 million registered users and over 400 million professional profiles. BranchOut allows users to find jobs and recruit talent through their Facebook friend network.
Rather than targeting white-collar college graduates with solid resumes and existing professional contacts like competitor LinkedIn, BranchOut seeks to help the other 90% of workers with more basic schooling and blue-collar jobs turn their friend networks into professional networks. Over 40% of their traffic is through their mobile app launched in Q4 of 2011, which has nearly doubled growth rates in a blue-collar market where people do not have computer access all day. With each friend added on BranchOut, the user gets access to the names and employers of their friends, even if they are not on BranchOut. Their personal profiles and information are blocked.
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Exhibits
Supplemental Resources
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