Found
Overview
Found is a technology company specializing in organizing hangouts and personal events through a user-friendly application. Founded in 2019, the company is headquartered in Holland Village, Singapore. Found has rapidly gained traction by providing an innovative platform that enables users to seamlessly arrange social gatherings and track engagements. It has successfully raised $119 million over three funding rounds, reflecting strong investor confidence. Notable backers include Joichi Ito and the SMU Institute of Innovation & Entrepreneurship. Its primary industry is Social/Platform Software, focusing on enriched social interactions through technology.
Recent Developments
- 2024: Found secured $46 million in a Series B funding round on May 22, 2024. This influx is set to propel its expansion strategies and enhance application functionalities, ensuring broader market reach and improved user experience.
- 2023: Amidst growing competition, Found expanded its integration capabilities with other social media platforms to extend its user base and engagement, effectively leveraging digital trends for community growth.
- 2023-2024: The company was featured in reports recognizing its innovative approach within the social software segment, marking it as a notable player shaping digital interactions.
- Industry Recognition: Found participated in various digital tech forums throughout 2023 and 2024, establishing partnerships that underscored its commitment to innovation in social connectivity.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2019 |
| Headquarters | Holland Village, Singapore |
| Founders | Not specified |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | Joichi Ito, SMU Institute |
| Industry | Social/Platform Software |
| Number of Employees | Not specified |
Early History
Founded in 2019, Found entered the market aiming to simplify how individuals organize social events and personal engagements. Initially, the platform catered to a niche market by offering unique features facilitating easy coordination and management of personal hangouts. The intuitive design and user-centric approach helped it gain early users and investor interest, catalyzing its early growth.
Company Profile and Achievements
Found operates with a business model centered around facilitating social interactions through a streamlined app that simplifies the planning and execution of personal events. Major achievements include:
- Successfully rolling out new features like event reminders and location tagging, boosting user engagement.
- Raising $119 million through strategic funding efforts with support from prominent investors.
- Establishing a competitive edge with its user-first design approach, integrating feedback to enhance functionality.
- Earning a spot among notable emerging tech companies to watch, highlighting its innovative contributions to digital social networking.
- Partnering with digital platforms to expand its ecosystem and user interactivity, ensuring sustained user engagement and growth.
Current Operations and Market Position
As of 2024, Found continues to strengthen its presence in the social software market by expanding its operational capabilities and enhancing platform features. The company maintains a competitive position with strategic partnerships and continuous innovation. Its focus on improving social connectivity and user experience has solidified its market presence, with plans underway to enhance infrastructure and scalability.
Conclusion
Found is a significant player in the realm of social connection applications, leveraging technology to offer innovative solutions for organizing hangouts. As the company continues to pioneer advancements in user engagement and digital interactions, it remains poised for growth. Its strategic vision and emphasis on enhancing user experience reflect a promising trajectory, potentially making it a mainstay in the evolving digital networking space.