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Technology

Society App

Status: Expired

Jun 23rd 2021 - Oct 16th 2021

Society states that it allows every student community in the world to create their app instantly for free within minutes. It argues that although 90% of Generation Z uses apps, developing a customised app is expensive, time-consuming, and requires an advanced skill set. Society app aims to address this situation with its platform. It has over 10,000 active members and over 700 clubs signed up on its portal. Society claims that it is the fastest growing app for student clubs in the UK and is growing exponentially. Society has raised £100,000 in its previous pre-seed round of investment. It has 100% of dental societies, 33% of African Caribbean societies and 90% of barts student union clubs signed up with an 80-90% student participation rate. Society asserts that its app is free for students with a University email address. By 2023, Society intends to receive Venture Capital and Series A funding and scale the brand to the US and global markets.

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  • £450,000
    pledged
  • 90%
    of goal

    £500,000
    target

    £2,501,200
    pre-money valuation

    16.66%
    equity available

    2
    investors

    £225,000
    pledge per investor

    11879909
    company number

    Active
    company status

    13/03/2019
    incorporated 3 years

    £0.60
    share price

    Previous Funding rounds
    23 Jun 21 Angels Den £450,000 / 90%

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  • £450,000
    pledged
  • 90%
    of goal

    £500,000
    target

    £2,501,200
    pre-money valuation

    16.66%
    equity available

    2
    investors

    £225,000
    pledge per investor

    11879909
    company number

    Active
    company status

    13/03/2019
    incorporated 3 years

    £0.60
    share price

    Previous Funding rounds
    23 Jun 21 Angels Den £450,000 / 90%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph