IRL Raises $170M in Series C Funding; Valued at $1.17 Billion

IRL (In Real Life), a San Francisco, CA-based group messaging social network, raised $170M in Series C funding, achieving an over $1.17 Billion valuation.

The round, which brought IRL’s total funding to more than $200M to-date, was led by SoftBank Vision Fund 2.

The company intends to use the funds to continue to grow its team and expand its user base internationally.

Led by Abraham Shafi, CEO and Co-Founder, IRL is a group messaging social network that brings people together through events and shared experiences. Since launching in 2019, the network now coordinates two million events per day. Users have spent over 300 million hours together through the app and clocked more than one billion messages sent.

IRL also announced the new Culture and Creator Fund, which will help finance local events and social activities for users in cities across the US, along with new expanded Group Messaging features, broadening its in-app experience to deepen everyone’s ability to connect with friends, family and discover new friends based on shared interests.

FinSMEs

15/06/2021