ViewMarket is a collection of local digital lifestyle brands. Their marquis brand is CultureMap, a local digital lifestyle brand leveraging various technologies to engage with more than 3 million users each month. The company has raised approximately $1M in seed capital from prominent investors including 500 Startups and Silicon Valley Growth Syndicate (the last valuation was $7.5M pre-money). The company is currently generating $4M in revenue from three markets (Houston, Austin and Dallas) and operating on a breakeven basis.
The company plans to raise a $2M Series A to expand its digital footprint into New York, Los Angeles, Chicago, San Francisco and Atlanta. Based on current projections the company expects to generate approximately $100M in annual revenue within 48 months following the expansion.