Kindaba, a UK-based private social media platform giving users full control of their data and network, is now seeking £300,000 through its equity crowdfunding campaign on Crowdcube.
Founded in 2017, Kindaba reported that it is used by families all over the world to stay connected and the team are focused on developing and growing the future of social media – a future that protects users privacy, enables authentic connection and provides a space where families can share the moments that matter most.
“Kindaba gives you control of your network and data. We use machine learning, to handle communications. We surface information you and your network want to see, visually displaying posts and notifying you about the things that matter.”
Kindaba’s platform offers a private, intelligent and visual messenger for families and Kindaba works by allowing family members to safely share with those who matter most. The Kindaba team noted they have launched the platform globally on Google Play and the App store. They are focused on user acquisition in the UK and U.S. The company currently has a target of 50,000 users by 2019’s third quarter. Speaking about the campaign’s launch, Lizzie Brough, Co-founder & CXO of Kindaba, stated:
“This investment will allow us to scale our customer outreach and bolster our development team so that we can continue to work smart and at speed developing the features our families are searching for.”
Funds from the Crowdcube round will also go towards executing Kindaba’s marketing strategy and develop new, revenue generating, in-app features. Since launching, the campaign has successfully raised nearly £100,000 from more than 65 investors. It is set to close at the end of November.
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