Lifecrowd
Social network that enables individuals to connect with others and discover, join and share activities with them.
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Seed | ||
| Total Funding | 000k | ||
Lifecrowd operated as a social marketplace centered on discovering and participating in local activities, positioning itself as an offline connector in contrast to online social networks.
Founded in 2011 by Bong Dug Koh, Bong Doh Koh, Jacquie Phillips, Allyson Pizula, and Andy Wen, the Santa Monica-based company aimed to facilitate real-world social interactions. The platform functioned as an online marketplace where users could find and join various activities in their area, designed to help people connect with friends and meet new individuals with shared interests.
In a significant milestone, Lifecrowd secured $5 million in an initial funding round in April 2012. The investment was led by Lightbank, with contributions from Bullpen Capital, Baroda Ventures, and Prism VentureWorks. This financial backing followed the company's emergence from the MuckerLab accelerator program, where it was the first startup to complete the program. The funding was intended to fuel the company's growth and expansion in the social activity discovery market, with Lightbank taking a seat on Lifecrowd's board of directors as part of the deal. The company's CEO was Bong Koh.
Keywords: Lifecrowd, social activities, local events, activity discovery, social marketplace, offline connection, meet new people, Bong Koh, MuckerLab, Lightbank, Bullpen Capital, Baroda Ventures, Prism VentureWorks, Santa Monica startup, online to offline, social networking, event platform, group activities