# CitySocialising

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/citysocialising

- Industry: Internet
- Headquarters: London, UK
- Website: www.citysocializer.com
- Total disclosed funding: $1.6M
- Latest round: Series A (Nov 23, 2010)
- Investors on record: 1

## About

CitySocialising is a platform designed to facilitate personal connections through curated social events, catering primarily to adults aged 25 and older seeking meaningful social interactions.CitySocialising connects users to local events that promote face-to-face interactions. Founded in London, UK, by individuals whose previous entrepreneurial history is not documented, the company has received venture financing, notably in October 2013, amounting to GBP 0.55 million from EC1 Capital. This funding round raised the total amount to GBP 0.55 million, with a current company valuation of GBP 3.34 million.CitySocialiser specializes in facilitating genuine, face-to-face connections through a range of curated social events aimed primarily at adults aged 25 and older. The company's core offering is a platform that connects users to local events, such as coffee meetups, hiking adventures, and various social gatherings tailored to diverse interests. This platform effectively addresses the modern challenges of social interaction, enhancing local community engagement and connectivity.CitySocialiser generates revenue through a structured transaction model centered on event participation. Users typically join the platform for free; however, they may incur costs associated with specific events, including participation fees or venue charges. This model allows for flexibility and encourages a diverse array of social gatherings while maintaining a safe and respectful environment for users.Following the last round of financing in October 2013, which valued CitySocialising at GBP 3.34 million post-money, the company plans to leverage this funding to enhance its platform and expand into new markets. Specific regions targeted for expansion are yet to be defined, but efforts will focus on major cities where adult socialization is limited. As part of its growth strategy, CitySocialising is also considering launching new products designed to enhance user engagement and experience in social event participation.

## Funding rounds

- Series A, Nov 23, 2010, $1.6M — PROfounders Capital

## Investors

- PROfounders Capital (https://capitalatlas.ai/funds/profounders-capital) — Series A