Friendsy Raises $500k Funding For Back To School Preparations

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A Tinder-style college app has raised a seed funding round of $500,000 from two venture firms.

Friendsy, the student-focused social networking app has secured the money from Lerer Hippeau Ventures and Slow Ventures.

According to its founders, this round of funding will be used to prepare the app for the return to school period later this year.

This latest round of funding adds to the $200,000 the Friendsy team had previously raised from the same two investors and Princeton University.

Launched six months ago, the app aims to ease the pressure of connecting with other students in US college communities.

In a Tinder-like fashion the app helps to match users who are looking to find dates with other students.

However, Friendsy offers its users some unique features. Users are able to narrow down their searches, by specifying whether they are looking to “hook-up” or just seeking to create friendships.

Friendsy is now claiming almost 100,000 users across the United States, and has so far generated around 750,000 in-app matches.

In the US, the app has developed a 100-strong team of campus representatives to help make students aware of Friendsy and its services.

Visit its official site here.