Fundz

Uk-Based Lounge Raises $4M For Gen Z Community Social Platform Eclipsing Facebook

PRIVATENov 10, 2023

Amount Raised

$4 Million

Round Type

Seed

LondonMobileAppsIosMobile Apps

Investors

Carthona CapitalSquare Peg

Description

Lounge, a UK-based community platform has raised $4 million in funding. The investment round was led by Square Peg known for backing startups such as Neara and Partly. The oversubscribed round also saw participation from Carthona Capital invested in its pre-seed round and private investors.

Who else raised in Mobile and Apps around the same time

Companies in the same sectors as Lounge that raised within 45 days of this round, from Fundz verified event records.

  • GetPaid raised $6M (Seed) on October 5, 2023.
  • BrainCheck, Inc. raised $15M on December 21, 2023.
  • Payemoji raised an undisclosed amount (Funding Round) on December 5, 2023.
  • January, Inc. raised $12M (Series B) on December 4, 2023.
  • Bright Uro raised an undisclosed amount (Funding Round) on November 30, 2023.
  • Replai raised $8M (Funding Round) on November 16, 2023.

Who to call at Lounge, and when

A new round usually means Lounge is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Lounge raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Lounge, from your own LinkedIn network

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Company Information

Company

Lounge

Location

Sansome Street

London, England, United Kingdom

About

Lounge is an app to organise groups and events, without the mindless scrolling. Facebook is dead, but young people still need a place to manage events and larger groups with no newsfeed and no distractions. Since launching, we have brought together tens of thousands of people and saved thousands of hours of mindless scrolling. Download Lounge today to stop scrolling and start living.

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Lounge raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.