Twitter co-founder Biz Stone and Pinterest co-founder Evan Sharp have raised new funding for his or her social media startup West Co.
The startup launched an invite-only version of its first app, Tangle, in November. Now the Monetary Occasions has pieced together more details from feedback made by Stone and Sharp, in addition to from regulatory filings and job listings.
The corporate has reportedly raised $29 million, with Spark Capital main its seed spherical.
Sharp — the firm’s CEO — described West Co as rising from the query, “What might I construct which may assist handle simply a few of the horrible devastation of the human thoughts and coronary heart that we’ve wrought the final 15 years?”
The reply, no less than in its preliminary kind, is an app that asks customers, “What’s your intention for at present?” Customers can share their objectives with associates, hopefully serving to them “plan with intention, seize the actuality of their days, and see the deeper threads that form their life.”
Stone advised the FT that the app might change considerably before totally launching to the public.
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