Weepo

Company Overview

Snapshot

Founded in March 2012 by Matan Zafrir, Roy Lugasi, and Ran Mazar, Weepo operated with 1–10 employees. The company secured funding across three rounds, raising a total of $2.5 million from five investors. In July 2016, Weepo secured $2 million in investment.

Business overview

Weepo developed a mobile application designed to connect users based on their nightlife plans. The platform allowed individuals to choose a bar or club, or create their own events, and then interact with others attending the same event through features like swiping, matching, and chatting. Weepo operated within the social media and advertising sector, targeting consumers in the lifestyle, events, and online dating markets, primarily in the United States.

Strategic signal

In July 2016, Weepo secured $2 million in investment, a significant financial milestone that underscored investor confidence in its social nightlife application model. This funding signaled potential for further development and market penetration within the competitive social networking and dating app landscape, highlighting the company's growth trajectory at the time.

Company Intelligence Q&A

What is Weepo's primary offering?

Weepo provides a mobile application that enables users to meet and chat with others based on their plans for attending bars, clubs, or self-created events, facilitating social interaction within nightlife settings.

When was Weepo founded and by whom?

Weepo was founded in March 2012 by Matan Zafrir, Roy Lugasi, and Ran Mazar.

What was a notable funding event for Weepo?

In July 2016, Weepo secured $2 million in investment, a significant financial milestone that underscored investor confidence in its social nightlife application model.

Which investors participated in Weepo's May 2015 funding round?

In May 2015, Weepo received funding from Marc Faivish and David Sharcf.

What was the status of Weepo as of December 2019?

Weepo ceased to operate in December 2019 and is currently listed as Non-Active.