Odyssey Jeremy Partners has led an $820,000 seed funding round in Locish, a Q&A mobile app founded in Athens, Greece. Other investors in the seed funding included
Jeremy JEREMIE Open Fund II and three Silicon Valley angel investors. The funding will be used to overhaul the app’s functionality and create a new look. Locish debuted in March 2013.
Locish, a Q&A mobile app founded in Athens, Greece, has announced plans to re-launch following a cash injection of $820,000 from venture capitalists. The money raised is being used to overhaul the app’s functionality and create a brand new look and feel – enabling users to ask like-minded people for real-time recommendations on new places to eat, drink, and have fun – across iOS and Android devices.
The seed-funding round was led by the Odyssey Jeremy Partners fund, with participation from
Jeremy JEREMIE Open Fund II and three Silicon Valley angel investors. The money raised is being used to overhaul the app’s functionality and create a brand new look and feel. Grigoris Zontanos, co-founder of Locish said, “We are delighted to have successfully raised that much money and gained our investors’ trust. The seed funding came at a very critical time for us, when we had realized a number of necessary improvements and had also spotted some additional opportunities. We’re now ready to take Locish to the next level.”
Locish debuted in March 2013 with the sole intention of offering travellers personalized recommendations from local people; helping them experience a new city with an insider’s perspective avoiding tourist traps. However, it quickly became clear that locals were also keen in using the app to find places of interest on their doorsteps.
Towards this direction, Locish’s founders grew their team and are now working hard altogether to build on the previous version of the app in order to effectively leverage on the new opportunity raised. Locish is now an extended community, no longer restricted to the travel audience. It is a community of users that are eager to share information and exchange experiences with those who have the same tastes as them. Locish is about connecting like-minded people who help each other to discover new places through tailored recommendations, free from noisy, ambiguous reviews and time-consuming Internet searches. Locish enables its users to find what they are looking in real time and in a social, and interactive way.
The new and improved version of Locish will be officially launched in New York City, San Francisco, and Athens (Greece) in May. Alex Christodoulou, Locish’s other co-founder who is heading product development explained more: “We have reached out to all our users and have informed them about what’s happening and our plans to change. The recent funding offered us the luxury to grow our team and work more productively and efficiently to deliver them an all-new, better-equipped app. We can’t wait to offer our users a great experience.”
To be among the first to experience all-new Locish as soon as it launches, all interested can submit their email address on the new redesigned website: www.locish.com
Locish (www.locish.com) is a Q&A mobile app enabling users to ask like-minded people for real-time recommendations on new places to eat, drink, and have fun. Each response is specific to the user’s individual inquiry and matched to their personal preferences. The app will be available for iPhone and Android devices.
(Correction: Due to an error in the press release, this report included an error in the name of the JEREMIE Open Fund II. The report has been corrected.)