# Ifwe

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

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.ifwe.co
- Total disclosed funding: $7M
- Latest round: Series B (Jan 24, 2006)
- Investors on record: 1

## About

Ifwe Inc. is a dynamic company that focuses on innovative social networking solutions designed to enhance human connections across various demographics, leveraging technology to foster meaningful interactions.Ifwe Inc. is a subsidiary of The Meet Group, Inc., specializing in social networking applications. The company was founded in 2004 and is headquartered in San Francisco, US. In March 2017, The Meet Group, Inc. agreed to acquire Ifwe Inc. for USD 60.00 mn, a transaction completed in April 2017. The founder's details are not specified, and there are no known pivots in business strategy or additional subsidiaries.Ifwe Inc. provides a suite of social networking applications, including MeetMe, Skout, Tagged, and GROWLR, which aim to foster human connections. MeetMe primarily serves users aged 18-34 in the US, while Skout offers global connections, and Tagged has over 300 million registered members focusing on community engagement. GROWLR is tailored for the LGBTQ+ community, promoting connections through interactive features. These applications operate across North America, South America, Europe, and parts of Asia, catering to diverse user needs.Ifwe Inc.'s revenue is driven by user engagement through its social applications, generated via in-app purchases, subscriptions, and strategic partnerships, especially through the Livebox platform. This model includes features like live streaming and premium messaging that enhance user experience and generate revenue, focusing on high engagement and retention rates among users.The recent acquisition of Ifwe Inc. by The Meet Group, Inc. will facilitate the development of new products and enhancements to existing applications. The company plans to expand its offerings into new markets across Europe and Asia by the end of 2023, utilizing the USD 60.00 mn from the acquisition deal to support these initiatives and bolster its presence in the competitive social networking landscape.

## Funding rounds

- Series B, Jan 24, 2006, $7M — Mayfield Fund

## Investors

- Mayfield Fund (https://capitalatlas.ai/funds/mayfield-fund) — Series B