Yubo Fires Up Social Media with a Fresh $47.5 M Boost
Yubo, the go‑to platform for Gen‑Z socialising, just bagged a juicy $47.5 million in its latest Series C round. The deal is led by a crew of seasoned backers—Idinvest, Iris Capital, Alven, and Sweet Capital—along with fresh faces like Gaia Capital Partners. Talk about a power‑pool!
A New Board Member with Big‑Name Cred
Co‑founder of Insight Partners, Jerry Murdock, who’s helped bankroll giants such as Twitter, Snapchat, and TrueCaller, is stepping onto Yubo’s board as an independent voice. His clout means you can bet the future of Yubo will be smoother than a freshly poured latte.
How Yubo is Turning Gen‑Z Socialising Into Something Fun (and Safe)
- Yubo is all about real‑time, face‑to‑face connections without the endless scroll.
- It redefines “social media”—forget the likes and follower‑count wars; it’s about simply hanging out, sharing memes, and being open with no performance pressure.
- Safety is front and centre. The platform mirrors the best of offline friendships yet taps into all the digital perks internet users love.
What the New Cash Will Do
With the new funding, Yubo plans to invest heavily in product features that keep teens glued to the app while staying secure. The goal? To cement Yubo’s spot as the number one online hangout for younger audiences.
Quick Highlights
• Series C: $47.5 M, led by veteran investors and new backers.
• Board addition: Jerry Murdock joins as independent member.
• Funding spread: Huge tech and media names already on board.
• Future vision: Keep Gen‑Z head‑butting into new, safe, and genuinely social experiences.
Grab a coffee, because Yubo’s future just got steeped in a lot more than just caffeine. It’s a next‑gen social scene with a dash of safety, a sprinkle of authenticity, and a whole lot of laughs. Stay tuned!
Strong ambitions after a year of exponential growth
Yubo’s Sky‑High Social Media Adventure
Since its 2015 debut, Yubo has gone from a niche teen app to a global social‑media sensation. The platform keeps scaling new heights in the US, UK, Australia, Canada, and France, before this summer it burst onto the Latin‑American scene—+1200% jump in new users over just three months!
Quick Stats Snapshot
- UK 2020 Daily Users: Up by 80% from the previous year.
- Live‑Stream Time: Tripled in the same period.
- 2020 Revenue: Hit $20 million, double what the company made in 2019.
Global Expansion Plans
Yubo isn’t stopping; it’s setting its sights on Southeast Asia, Japan, Taiwan, and South Korea. Planned office openings in key regions will reinforce its global footprint—especially a new hub in New York to support its biggest user base. The brand went further by opening its first London office earlier this year, giving the UK community—Yubo’s second‑largest market—a dedicated spot to thrive.
Building a Bigger, Safer Team
To keep the momentum, Yubo intends to tenfold its workforce, including a worldwide safety squad that keeps the platform safe, secure, and slightly less “shy” for its Gen Z users.
Industry Praise
“Yubo’s quirky, fresh approach to online socializing really sets it apart from the rest of the noise in the social media jungle,” says Jerry Murdock. “The app has become a flagship in the English‑speaking world, and I’m convinced it will be the go‑to social space for the next generation.”
Product development: An innovative and educational approach to enrich users experience
Yubo Gets a Cash Boost to Super‑charge Its Live‑Stream Party
The fresh Series C infusion will help Yubo turn its app into a full‑blown live‑stream playground. Think slick new tools that let Gen‑Z chat, play, and binge content in ways that were never possible before.
What’s New on the Frontlines?
- YouTube‑Powered Content – Users can dive straight into the ocean of YouTube videos, seamlessly embedded inside Yubo.
- Snapchat’s AR Lens on Yubo – A partnership with Snap Inc. means camera fun and AR filters just a tap away.
- Smart Recommendations – Custom algorithms will surf each user’s interests and interactions, cooking up a tailor‑made feed.
All of these additions are set to make every session on Yubo feel like a fresh episode of your favourite binge‑series.
Safety First (All Day, Every Day)
Yubo is doubling down on protection. With the new capital, the platform will launch:
- Regional helplines every active country.
- More than 36 language moderation teams.
- Expanded in‑app support, educational tools, and NGO partnerships.
- Age verification and real‑time moderation that are practically next‑level.
The goal? Keep every Yubo user comfy and safe, no matter where they’re hanging out.
Voices from the Boardroom
Sacha Lazimi, CEO & Co‑Founder of Yubo:
“2020 was huge for us, and we’re ending the year on a high note. Five years in, we’ve built a fresh social niche for Gen‑Z that focuses on real‑time lo‑to‑few conversations. Yubo is a place to chill, learn, and discover yourself.”
Gil Doukhan, Principal at Iris Capital:
“Gen Z embraced Yubo, and the buzz is spreading worldwide. This new funding will push Yubo north, east, west, and south, keeping it one step ahead in safety and global reach.”
François Meteyer, Partner at Alven:
“We’re thrilled to back this journey from its 2016 day. Yubo turns ordinary socializing into an open‑door, digital adventure for its millions of daily Gen‑Z users – especially in a world where home life is so on‑air.”
Alice Albizzati, Co‑Founder of Gaia Capital Partners:
“The company has sold the user‑growth track while staying rock‑solid on safety. We’re excited that Yubo is a responsible, growing, and unstoppable platform poised for global dominance.”
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