NEW INVESTMENT: ISLANDS
Islands, founded by our Venture Partner Greg Isenberg, recently launched out of stealth to allow like-minded individuals from all around the world to collaborate, learn, and stay in touch. Their mobile-first technology allows people to create and customize their own “islands” based on specific interests, topics and behaviors, similar to how Slack has redesigned how people communicate and collaborate in the workplace.
Mobile messaging is the fastest growing sector in consumer mobile and is changing the way people communicate and learn about the world around them. Specifically, messaging is not just about 1:1, it’s about group messaging. People are using messaging platforms to find new friends and communities, yet apps like Slack, Facebook Messenger, and GroupMe are not designed for interacting with people you don’t already know. Islands aims to solve this issue by providing a platform for people to find and create groups for messaging around topics of their interest.
Islands is now live on five campuses, including University of Alabama, University of Florida, and University of Western Ontario. Islands is doing a targeted rollout and plans on launching in additional universities over the next few months.
Indicator invested in Islands’ $1.85 million Seed Round alongside Greylock Partners, Advancit Capital, Scott Belsky and others.
For more information please visit http://bit.ly/2grkm79.