Squad, a New York City-based app that connects groups of friends together, secured $1.7m in seed funding.
The round was led by Lerer Hippeau Ventures and First Round Capital.
Led by Adam Liebman, founder and CEO, Squad provides a free iOS app for connecting groups of friends together. To get started on Squad, individuals begin creating profiles and squads via Facebook, or invite friends to join their squad through the built in text message feature.
After a squad is created, users can customize their profiles with collective squad names and individual profiles on each member – featuring first name, occupation, age, school network, and photo. Once a profile is created, an internal group chat opens and users can begin to see other local squad profiles and swipe yes or no on the squads they’d like to meet with inperson.
When squads match, a shared chat will open and users have 24 hours to exchange details and make fun plans to meet up and hang out.
FinSMEs
21/10/2015