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Amino Apps Grabs $19.2M Series B Round

2016-12-15
NEW YORK, NY, Amino Apps, a startup behind more than 250,000 niche communities centered on interests ranging from Pokémon to K-Pop, raised $19.2 million in Series B funding.
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.
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