Categories: Funding

Amino Apps Grabs $19.2M Series B Round

According to Finsmes, the round was led by GV (formerly Google Ventures) with participation from existing investors Venrock, Union Square Ventures, and Box Group, along with new investors Time Warner Investments and Goodwater Capital.

The company intends to use the funds to continue to develop the platform and expand operations.

Led by Ben Anderson, CEO, Amino provides the Amino Creator & Manager, an app that enables anyone to create their own mobile social network across interests and features mobile communication tools like real-time chat and messaging.

Do date, users have already created over 250,000 communities for topics ranging from their favorite K-Pop band (150,000+ members) to Veganism (85,000+ members) and LGBT+ (110,000+ members).

The company has already converted more than 150 of the most promising new communities into standalone mobile apps.

Please note that this piece of work originally appeared in English at https://www.vcnewsdaily.com/Amino%20Apps/venture-funding.php. As Investocracy aims to bring global startup news and updates in both English and Japanese to you, it’s important that we attribute original source to you. If you have any questions/concerns please write to us at contact@investocracy.co

Arpit Jain

Based in Japan and India. Has led to 1 successful fundraise in Japan. Been working the space of Venture Capital and Private Equity for the last 3 years.

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