Social Agent, a SaaS lead generation platform, has been sold to software development startup Unchained Apps. As the web-based connector of businesses and freelance sales agents, Social Agent helps global SMEs tap into foreign markets by connecting them with local sales and marketing professionals.
According to Social Agent’s CEO and co-founder Michael Michelini, the merger is “a true synergy” and customers can look forward to an improved mobile platform as the Unchained Apps development team is brought on board.
The deal, which has been in works since April, benefits both Hong Kong/Shenzhen-based startups as both bring complementary expertise to the table. “Unchained Apps is heavy on product development, but lacking in marketing and Social Agent is on the other side of that – so the teams make a nice match,” he said. “For the Social Agent product, it has evolved from a web app to a mobile app. Most of our team is web developers and has always been weak on mobile app development, so immediately we will see improvements in the mobile app functionality and features.”
Social Agent was first conceived at Shanghai’s Lean Startup Weekend and called themselves Weibo Agent before rebranding. After joining the mentorship-driven Chinaccelerator program’s third batch, Social Agent had their 2012 Demo Day in Beijing and launched their beta product in February 2013. Just a year and a half later, their platform is now connecting agents from all around the globe, such as China, Kenya, Pakistan, with companies in the US and Europe.
Congrats on the exit Social Agent!
Social Agent on Startbase.HK: Social Agent
Michael Michelini on Startbase.HK: Michael Michelini
Thanks Iris and everyone at StartupsHK for always supporting startups here. Much appreciated, and I always thank Casey for the help along the way with help where he can. The startup community will continue to grow
Glad to see things continuing to move in the right direction Mike. Lots of love!
thanks Dave! to the growth of Hong Kong and South China startup community!
We are glad to have Michael teaching his core workshop “China Business Workshop” @Paperclip.
Join now if you are interested, please do not forget to type in the early bird 20% off promotional code “PC111020”
http://www.papercliphk.com/en/academy/course/china-business-workshop
Congrats, Mike!
Congratulations Mike and good luck in whatever you get involved in after SA.