Spotted, a Mannheim, Germany-based social discovery app, raised USD$14.5m in its second growth capital and media services financing round.
Backers included Media Ventures GmbH and Prof. Wolf M. Nietzer’s Wolfman Holdings GmbH, the Deutsche Balaton AG affiliate in Heidelberg, Germany.
The company intends to use the funds for the further development of the app, as well as for international expansion.
Founded in 2013 by Nik Myftari, Spotted applies a hyperlocal approach to real life bringing together people who cross paths every day via anonymous and flirt messages used to initiate contact. The app is reaching over a million people globally.
The iOS and Android app can be downloaded for free via http://www.joinspotted.com or directly from the app stores.
FinSMEs
10/08/2015