US investors lead $6m round for Jodel

Business angels the Samwer brothers and Soundcloud investor Christophe Maire also took part in the round.

The company stated it will exploit the networks of the US-based investors to expand their operations into that market.

Previous funding
Global Founders and Atlantic Labs backed Jodel in June 2015 – the size of the round was undisclosed. Tenderloin Ventures came in a few months later with an additional investment.

Redalpine then led a further round alongside Latvia-based Rubylight in February 2016.

Company
Berlin-based Jodel was originally founded as TellM in 2013. The app allows users to communicate with others in their vicinity, limited to a perimeter of less than 10 kilometres. Contributions appear in an anonymous feed and users can up- or down-vote and comment on each piece of content. The app is mostly used in the DACH region, the Nordic region and Saudi Arabia. Approximately five million messages are posted on the app daily.

People
Jodel – Alessio Avellan Borgmeyer (CEO).

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• Topics
• Expansion
• DACH
• Technology
• Venture
• Germany