BeReal (Acquisition)

Funding Details
Awarder
RSS - techcrunch.com
Date Award
June 16, 2024
Vertical
Social Media
Funding URL
View Funding Page
Valuation
$587,000,000

Company Info
Traction
BeReal has 40 million active users, with half using the app at least six days a week. The company's user growth had plateaued, and it was facing financial difficulties prior to the acquisition.
Company Description
BeReal is a French social network that alerts users to take both a front-facing photo and a selfie within two minutes to encourage authenticity. The company was recently acquired by Voodoo, a French mobile game and app unicorn, for €500 million ($537 million). BeReal has 40 million active users, with half using the app at least six days a week.
Market
Mobile Apps and Games
Location
France
Coinvestors
Accel, Andreessen Horowitz, Coatue

Links
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