Bearch Raises $2.1M in Funding

unseenBearch, an Austin, Texas-based anonymous photo sharing app for college students, raised $2.1m in funding.

Backers included:
Dirk Elmendorf, co-founder of Rackspace;
Rony Kahan, CEO/co-founder of Indeed.com;
Doss Cunningham, CEO of Woodbolt International; and
– other angels.

The company intends to use the funds to expand app availability to more college campuses and develop new features.

Created by Bearch Co-founders Michael Schramm and Munjal Budhabhatti and first released in May 2014 to Texas A&M University students, Unseen provides students with an app share thoughts and experiences anonymously. The app requires no sign in, logins or names – only that the user associate with a college campus. It can be downloaded for free on the iPhone app store. A version for Android phones was released last week and is now available on the Google apps store.
In the three months since its launch, Unseen has been released to over 40 college campuses, and expects to be in over 150 campuses by the end of August with near 100% growth week over week.

FinSMEs

19/08/2014

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