General Catalyst et al. invest $12m in YPlan

A group of co-investors also participated in the funding round including A-Grade, Kevin Colleran, David Morin's Slow Ventures Fund and Shakil Khan.

The investment will be used to aid YPlan's expansion in the US and other European locations, with plans underway to launch in New York during the latter half of 2013. The team has already opened an office in New York and is currently hiring.

Octopus and Wellington first backed the company in November 2012, providing $1.7m as part of a seed financing round.

Company
The company was launched in London in November 2012 and founded by Viktoras Jucikas and Rytis Vitkauskas. YPlan is a mobile-only app, designed to give people a chance to be more spontaneous in their entertainment choices. It shows users a range of up to 15 events taking place that evening, from concerts and plays, to wine tasting sessions and silent discos. The events are selected by YPlan's editors, rather than being tailored to personal preferences.

The app has reached 200,000 downloads, making its way onto more than 10% of London's iPhones, according to the company.

People
Adam Valkin worked on this investment on behalf of General Catalyst.

Advisers
Equity - Taylor Wessing (Legal) 

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• Topics
• Early-stage
• UK / Ireland
• Consumer
• Octopus Investments
• Wellington Partners
• United Kingdom