Author: Alex Heath
IRL’s groups and events can be accessed on its app or website. | Image: IRL
Do people want an app specifically for discovering events and messaging as a group? That’s the bet behind IRL, a young social network that has been quietly growing over the past year and just attracted an eye-popping amount of money to take on Facebook.
The two-year-old startup is betting that a post-pandemic world will fuel its mission to help people “do more together,” usually by meeting up in real life — you know, IRL. The idea has attracted the deep pockets of the Japanese tech conglomerate SoftBank, which is the biggest investor in a new $170 million round of funding that values IRL at roughly $1 billion.
That’s a remarkable amount of money for an app with roughly 12 million monthly users and no revenue. Even still, IRL is finding...
Continue reading…
Continue reading...
IRL’s groups and events can be accessed on its app or website. | Image: IRL
Do people want an app specifically for discovering events and messaging as a group? That’s the bet behind IRL, a young social network that has been quietly growing over the past year and just attracted an eye-popping amount of money to take on Facebook.
The two-year-old startup is betting that a post-pandemic world will fuel its mission to help people “do more together,” usually by meeting up in real life — you know, IRL. The idea has attracted the deep pockets of the Japanese tech conglomerate SoftBank, which is the biggest investor in a new $170 million round of funding that values IRL at roughly $1 billion.
That’s a remarkable amount of money for an app with roughly 12 million monthly users and no revenue. Even still, IRL is finding...
Continue reading…
Continue reading...