An app that bills itself as the ‘world’s first personal social network’ is one step closer to launching.
TUBBR, a platform that allows users to co-create private or public spaces with their friends, has raised an undisclosed amount of funding to support the launch of its beta. The round was led by Austin-based angel investors from Global Ascent Partners, the TUBBR team told Dallas Innovates.
With the deal, Sandeep Kumar, the managing director at Global Ascent Partners, will join the TUBBR Advisory Board.
The Frisco-based based TUBBR team includes Saurabh Uttam, who handles product development and marketing, and Ravi Singhal, head of technology and operations. Uttam has more than a decade of experience in designing and launching products and Singhal has more than two decades of tech expertise.
Together, they say they have built a 12-member team that makes up the “perfect mix of both marketing and technological expertise.”
The recent funding means that the beta of TUBBR’s invite-only social network is now predicted to be available in January 2021.
TUBBR aims to re-approach the way things are shared on the Internet by giving relevance and control back to the users. The app allows for content to be posted or consumed only if it is of interest to the user. The platform then allows users to connect, share, chat, and collaborate with others of their choosing through spaces dubbed TUBBR WALLs.
It’s the future of social networking, the founders say: being discrete, personal, and collaborative. They think TUBBR is the answer to all three.
“In today’s chaotic social media environment, we’re experiencing major challenges when it comes to having authentic communication,” the founders wrote in a Medium post. “More followers, more platforms, and more content have led to zero privacy and limited control over what we can share—making it difficult to have meaningful conversations with relevant people.”
A WALL can be public or private, and in the future, could let users earn money through premium versions. The end goal is to provide a way for creators, digital nomads, domain experts, and more to have a substantial online income. With paid live-streaming sessions, users will be able to sell their exclusive content, tips, and stories to online fans.
So far, Uttam and Singhal say they have more than 200,000 users onboarded and more than a million stories created in the last five months.
“Our motive is to connect the next billion people better and empower them to create sustainable passive income,” Uttam said in a statement. “Building an ultimate social communication and discovery platform.”
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