Kudos&Co. Inc., a Palo Alto, CA-based social media app for kids, raised $5.73m in seed funding.
The company intends to use the funds to increase business development and marketing efforts and continue to expand its engineering and leadership team.
Led by Ole Vidar Hestaas, CEO and co-founder, Kudos&Co. has launched an app which enables kids to enjoy a safe social experience sharing pictures, reactions and comments while learning to be good digital citizens.
The free app, available for download in the App Store and on Google Play, requires parental consent for use and posting.
Since 2014, the company has been working with thousands of beta users, mostly under the age of 13, to better understand kids’ needs and their interest in social sharing.
Kudos moved its headquarters from Oslo, Norway to Silicon Valley, opened offices in Tiburon, California and 24-hour global moderation, support and AI centers in Bozeman, Montana and Oslo, Norway.
FinSMEs
15/09/2017