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State

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Communications platform connecting people via opinions, rather than their personal, professional or social networks

London, United KingdomFounded 2010Consumer Services
Valuation $0–100M Latest valuation · 2013
Headcount 1–2k Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for State and the history behind them.

About State

State.com was a venture launched in 2013 by brothers Marc and Alex Asseily, the latter of whom previously co-founded the consumer electronics company Jawbone. Alex Asseily, leveraging his experience from Jawbone and a desire to connect people through ideas rather than just social circles, envisioned a platform where opinions were the central organizing principle. His background includes a BSc in Product Design and an MSc in Mechanical Engineering from Stanford University, where his thesis work on noise suppression technology formed the basis for Jawbone's initial success with a DARPA contract. State was conceived as a global opinion network, a departure from traditional social media that connects users based on who they know. The platform's objective was to structure online conversations and map the world's viewpoints on millions of topics, from politics to pop culture. Users would express their thoughts, which the system would then semantically analyze and link to related opinions and content, allowing individuals to see how their views compared to a global aggregate and to discover like-minded or opposing perspectives. This was facilitated by an iPhone app and a web platform, with plans for an Android version. The business model was intended to be distinct from advertising-driven social networks. Instead of monetizing user data by selling it to advertisers, the long-term plan was to generate revenue from the anonymized, aggregated opinion data itself. The company secured a significant $14 million in seed financing to develop and launch this ambitious project. Despite its public launch at TechCrunch Disrupt and a clear vision to democratize online discourse, the platform ultimately did not achieve the rapid user adoption necessary to become a sustainable business. Founder Alex Asseily later referred to the decision to shut down the company as a significant "lesson learned" in his entrepreneurial journey. Keywords: opinion network, social opinion platform, Alex Asseily, Marc Asseily, Jawbone founder, semantic network, data-driven insights, public opinion analysis, social media alternative, online discourse, structured conversation, collective intelligence, opinion mapping, tech startup, digital platform, social analytics, viewpoint discovery, idea networking, discussion platform, defunct social network

Source: Dealroom company data

At a glance

Status
Low Activity
Founded
2010
Headquarters
London, United Kingdom
Employees
1,429
Open positions
None listed
Dealroom signal
0.0/100
Industry
Media
Sub-industry
Social media
Sector
Consumer Services, Content, Social, Advertising, Social Network, Communication, Platform, Network, uk is8 creative industries
Client focus
b2b, b2c

Latest news

Press, funding announcements and product moves mentioning State.

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Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCEquity / VC Feb 2013 $14M $56M Undisclosed
SEEDEquity / VC Aug 2011 $160K $640K Kima Ventures
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Growth signals

State website traffic

Latest recorded traffic for State is 31K monthly website visits, up 93.8% over the last three months. State's team declined 0.7% over the past year.

Latest monthly visits31K 3-month web change+93.8% 1-year team growth-0.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

Other known investors6 additional known investors

  • Atomico
  • Fred & Farid Digital Investment Fund
  • Hosain Rahman
  • Lord Mervyn Davies
  • Marc Simoncini
  • Richard Witten
Team profiled 25 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
31 countries with
team presence
🇺🇸 United States61.4%
🇮🇳 India7.6%
🇬🇷 Greece3.2%
🇰🇭 Cambodia1.9%
🏳️ Mozambique1.9%
Top 5 of 31 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about State on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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