Assertion Supported AI assessment confidence: 82% certainty 4/5 debate potential 1/5

NeoReach has raised $4M across two funding rounds

Jesse Leimgruber · 1670 How This 24 Year Old Built a $12M ARR Company on $4m Raised in Influencer Marketing Attribution Space · Feb 19, 2020 · at 10:19

Jesse Leimgruber, founder of NeoReach, details the company's capitalization history and fundraising to date.

0:00 / 0:02exact quote · 2.9s

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“We've raised a four million across about two rings.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

NeoReach has raised $4 million across about two funding rounds.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

On February 19, 2020, then-CEO Jesse Leimgruber stated that NeoReach had raised roughly '$4 million across about two [rounds]'. Commercial funding databases and media records corroborate this approximation as of February 2020. PitchBook records NeoReach's total venture funding at $3.43 million, while LeadIQ and GetLatka track total capital raised at $4.3 million across 2 to 3 primary early venture tranches (including a $300,000 angel round and a $1.5M+ seed round led by Founder.org in 2014). Given the speaker's explicitly approximate framing ('a four million across about two'), the tracked figures of $3.43M to $4.3M across 2 to 3 rounds substantiate both legs of the statement.

PitchBook profile records NeoReach's total venture capital raised at $3.43 million.
GetLatka and LeadIQ track NeoReach's total funding raised at $4.3 million across early venture rounds.
Independent media reporting from FinSMEs and Business Insider in autumn 2014 documented an initial $300,000 angel round followed by a $1.5 million seed round led by Founder.org.

Checked against

[1] pitchbook.com [2] tracxn.com [3] tracxn.com [4] leadiq.com [5] leadiq.com [6] getlatka.com [7] startupintros.com [8] startupintros.com

site:sec.gov "NeoReach" OR "Neo Reach" "Jesse Leimgruber" "NeoReach" funding rounds 2014 2015 2016 2017 2018 2019 2020 "NeoReach" "funding" OR "raised" OR "Crunchbase" OR "PitchBook" OR "Form D" OR "SEC" "neoreach" "crunchbase" OR "pitchbook" "$3.43" OR "$3.4M" OR "$4M" OR "$4.3M" "NeoReach" raised "million" seed round "neoreach" "founder.org" "seed"

assessed as of 2026-09-02

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

NeoReach

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Peter Thiel is not closely involved in the Thiel Fellowship

“Peter isn't like super closely involved, granted I've been in quite a number of times.”

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Disclosure

NeoReach minimum fee is $25K; multiple brands pay over $1M

“We typically, the minimum licensing fee for a brand is about 25,000 dollars annually, and we have quite a few, as in more than a handful of brands spending over a million dollars with us annually.”

Jesse Leimgruber Feb 19, 2020 ▶ 1:33 1670 How This 24 Year Old Built a $12M ARR Company on $4m Raised in Influencer Marketing Attribution Space

Disclosure

NeoReach average revenue per customer is around $200K annually

“I think our average revenue per customer is around 200,000 dollars a year.”

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Assertion Not checkable as stated

NeoReach has passed 100 total enterprise customers

“We just passed a hundred. I think about one or two, one or three, something like that.”

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Assertion Not checkable as stated

NeoReach is growing annual revenue between 2x and 3x

“We're in between two and three X a year growth rate right now.”

Jesse Leimgruber Feb 19, 2020 ▶ 4:04 1670 How This 24 Year Old Built a $12M ARR Company on $4m Raised in Influencer Marketing Attribution Space

Assertion Not checkable as stated

NeoReach sees roughly 20% churn, primarily among $25K accounts

“It's close to closer to 20% of customers churn, but we grow at a significantly higher rate than that. And the ones that stick kind of Really expand. You know, the ones that tend to turn tend to be the 25,000 dollar a month cost, the 25,000 dollar a year custom…”

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NeoReach has raised $4M across two funding rounds

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