What is Yubo?
Founded in 2015 and headquartered in Paris, France, Yubo operates within the competitive social media landscape, differentiating itself by focusing on a younger demographic and facilitating new connections. The platform aims to provide a safe and engaging environment for its target audience to interact and build friendships. The company's consistent access to capital, from its Series A round through subsequent major investments, highlights investor confidence in its unique market approach and potential for sustained user engagement.
How much funding has Yubo raised?
Yubo has raised a total of $64.8M across 3 funding rounds:
Series A
$5M
Series B
$12.3M
Series C
$47.5M
Series A (2018): $5M with participation from Alven
Series B (2019): $12.3M led by Idinvest Partners, Iris Capital, villageglobal.com, Sweet Capital, Alven, and Financière Saint James
Series C (2020): $47.5M supported by Sweet Capital, Idinvest Partners, Gaia Capital Partners, Iris Capital, and Alven
Key Investors in Yubo
Idinvest Partners
Idinvest Partners is a mid-market private equity firm founded in 1997, specializing in financing and supporting entrepreneurs through various business development stages. They are headquartered in Paris, France.
Iris Capital
Iris Capital is a venture capital firm focused on providing funding and sector-specific expertise to tech entrepreneurs across seed, Series A, and late-stage growth phases, with a strong emphasis on ESG commitments.
Sweet Capital
Sweet Capital is a private investment fund established by the founders of King.com, focusing on innovative companies and startups, particularly leveraging expertise in the gaming and technology sectors.
What's next for Yubo?
The recent major strategic investment suggests Yubo is poised for further expansion, potentially focusing on enhancing its platform features, broadening its user base, or exploring new market opportunities. The company's progression through multiple funding rounds, including Series A, B, and C, points to a mature growth phase where strategic capital is being deployed to solidify its market presence and competitive advantage. Future developments will likely center on leveraging this capital for scalable growth and innovation within the social networking sector.
See full Yubo company page
