Friendly Apps
Creates a suite of apps with a different set of values that are targeted toward helping people.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
* | $3.0m | Seed | |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Friendly Apps, established in 2022 by founder and CEO Michael Sayman, is a Miami-based company focused on developing a suite of applications aimed at improving users' physical and mental well-being. The firm secured $3 million in a seed funding round on May 26, 2022, with participation from ten institutional investors, including notable names like BoxGroup, Betaworks, Day One Ventures, and Weekend Fund. This initial funding was raised before a specific product was launched, signaling investor confidence in the company's vision to create a new generation of wellness-oriented applications.
The company's core business revolves around creating applications that provide alternatives to mainstream social media and utility apps, with a strong emphasis on user privacy and well-being. Friendly Apps is developing a range of products that cater to different needs, from fitness and mental health to social interaction and productivity. The apps are designed to connect people across generations in a positive manner. While specific details on the revenue model are not extensively publicized, the approach suggests a focus on creating value through enhanced user experience and privacy features, which could lead to subscription or premium-based monetization strategies. One of the company's early releases includes SocialAI, a Twitter simulator that uses AI bots instead of real users.
The product line also includes the Friendly Social Browser, which consolidates various social media accounts like Facebook, Instagram, and Twitter into a single, privacy-focused interface. This browser features a built-in ad blocker, blocks social tracking scripts, and allows users to filter their feeds by keywords, offering a more controlled and private social media experience. In addition to the social browser, the company has developed a Friendly Streaming Browser for services like Netflix and YouTube, and a Friendly Shopping Browser that integrates AI assistants, both designed with ad-blocking and enhanced user control. These products are available across iOS, Android, and macOS platforms.
Keywords: mental wellness apps, physical fitness apps, social media alternative, user privacy, Michael Sayman, mobile applications, seed funding, BoxGroup, Betaworks, wellness technology, SocialAI, Friendly Social Browser, ad-free social media, privacy tools, app suite, digital well-being, Miami tech, consumer applications, mobile software, mental health tech