Total amount raised
$10 Millions
Latest funding date
6/1/2024
Location
Intro has successfully raised funds through two significant rounds, including a $10 million Seed round led by Andreessen Horowitz and a Series A round with Liquid 2 Ventures. The platform connects users with top experts across various fields for personalized advice via video calls.
Keep reading to explore the intricacies of Intro's fundraising journey and the investors backing this innovative platform.
What Is Intro?
Intro, founded in 2020 by Raad Mobrem and Tim Watson, is based in Los Angeles, California. The platform connects users with top experts across various fields for personalized advice via video calls. With a small team of 1-10 employees, Intro aims to provide access to the world's most in-demand experts.
How Much Funding Has Intro Raised?
- Seed Round
- Amount Raised: $10,000,000
- Date: October 2021
- Lead Investors: Andreessen Horowitz
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support Intro's mission of democratizing access to top experts and expanding its team and platform.
- Series A
- Amount Raised: Undisclosed
- Date: June 2024
- Lead Investors: Liquid 2 Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further scale the platform and enhance user experience.
Total amount raised: $10,000,000. Current valuation: Not publicly disclosed.
Key Investors
- Andreessen Horowitz (A16z)
- Details: Andreessen Horowitz is a prominent venture capital firm based in Silicon Valley. They led the $10 million seed funding round for Intro in October 2021.
- Investment Focus Areas: Technology startups, software, consumer, enterprise.
- Notable Investments: Facebook, Airbnb, Slack, Lyft.
- Seven Seven Six
- Details: Founded by Alexis Ohanian, co-founder of Reddit, Seven Seven Six is a venture capital firm focused on early-stage technology companies. They participated in Intro's seed funding round.
- Investment Focus Areas: Early-stage technology companies.
- Notable Investments: Dispo, Alt, PearPop.
- David Solomon (Goldman Sachs CEO)
- Details: David Solomon is the CEO of Goldman Sachs, a leading global investment banking, securities, and investment management firm. He invested in Intro during the seed funding round.
- Investment Focus Areas: Financial services, technology, various other sectors.
- Notable Investments: Uber, Spotify, WeWork (through Goldman Sachs).
- Anne Wojcicki (23andMe CEO)
- Details: Anne Wojcicki is the CEO and co-founder of 23andMe, a personal genomics and biotechnology company. She invested in Intro during the seed funding round.
- Investment Focus Areas: Biotechnology, healthcare, consumer genetics.
- Notable Investments: 23andMe.
- Kevin Durant
- Details: Kevin Durant is a professional basketball player and entrepreneur. He participated in Intro's seed funding round.
- Investment Focus Areas: Technology startups, sports, media.
- Notable Investments: Postmates, Acorns, Coinbase.
What's Next for Intro?
Intro stands at the cusp of a significant opportunity, leveraging the growing demand for personalized, expert advice accessible from home. With a platform that connects users to top experts in fields like interior design, fashion, and wellness, the potential for growth is immense. The recent $10 million seed funding round, led by Andreessen Horowitz, underscores the confidence investors have in Intro's vision.
As the platform scales, future fundraising rounds seem likely, especially given the involvement of high-profile investors. However, challenges such as maintaining a high-quality user experience and managing logistics efficiently will be crucial. Competing with other platforms offering similar services will also test Intro's resilience and innovation.
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