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Jodel has raised $6.0M across 1 funding round.
Key people at Jodel.
Jodel has raised $6.0M in total across 1 funding round.
Jodel is a hyperlocal social media application that enables anonymous user interaction within immediate vicinities, based in Berlin, Germany. Initially targeting students, the platform fosters community engagement through local discussions and tips for young adults, monetizing via in-app advertising and premium features since 2021. By 2021, Jodel had accumulated over 7 million users and had raised at least €10 million in funding from investors including Global Founders Capital and Atlantic Internet. In February 2021, Netease acquired a 20% stake in the company. The organization reported a net loss of €2 million in 2020, attributed partly to expansion efforts. Jodel was founded in 2014 by Alessio Borgmeyer. Its business model centers on primarily through in-app advertising targeted at young users, plus premium features available since 2021.
Jodel has raised $6.0M across 1 funding round. Most recently, it raised $6.0M Series A in April 2017.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2017 | $6M Series A | — | 8 BIT Capital, Broadway Angels, Fortress Investment Group, Founders Fund, IDG Ventures, Recursive Ventures, Alexander Rosen, Sapphire Ventures, Super{set}, The HIT Forge, Eric Chernoff, Jonathan Swanson, KIM Perell, Nicolas Berggruen | Announced |
Key people at Jodel.
Jodel has raised $6.0M in total across 1 funding round.
Jodel's investors include 8-Bit Capital, Broadway Angels, Fortress Investment Group, Founders Fund, IDG Ventures, Recursive Ventures, Alexander Rosen, Sapphire Ventures, super{set}, The Hit Forge, Eric Chernoff, Jonathan Swanson.
Jodel is a Berlin-based technology company that operates a hyperlocal social media app, enabling anonymous, location-based posting and interaction among users in nearby communities.[1][2][4][5] The app allows users to share news, events, stories, jokes, and local tips in real-time within a specific geographic radius, fostering instant connections with people around them; it primarily serves young adults and students in Europe and beyond, solving the problem of fragmented local communication by prioritizing proximity over global networks.[1][2][4][5] With around 101 employees, $1 million in 2024 revenue, and $6 million in total funding since its 2014 founding, Jodel has built strong communities in countries like Germany, Finland, Sweden, Norway, Denmark, France, Switzerland, and Saudi Arabia, while continuing global expansion.[1][2]
Jodel was founded in 2014 in Berlin, Germany, by a diverse team of creators motivated by the gap in fast, simple ways to connect locally despite abundant tech products.[1][2] The idea emerged from recognizing the need for hyperlocal engagement, leading to the launch of an app for anonymous posts visible only to nearby users; early traction came from rapid adoption in European university towns and cities, evolving into Europe's most successful hyperlocal social platform with a multinational team of over 15 nationalities at its Berlin HQ.[1][2][4] Pivotal moments include securing $6 million in funding across two rounds and expanding to multiple countries, solidifying its position as a pioneer in location-based social networking.[1][2]
Jodel rides the trend of hyperlocal social networking, capitalizing on privacy-conscious users seeking authentic, location-specific interactions amid fatigue from broad platforms like Instagram or TikTok.[1][4][5] Timing aligns with rising demand for community-driven content post-pandemic, where proximity fosters real-world meetups and local awareness; market forces like smartphone penetration in urban areas and data privacy regulations (e.g., GDPR) favor its anonymous, geo-limited model over ad-heavy global apps.[2][5] It influences the ecosystem by inspiring localized features in competitors and proving scalable hyperlocal models, with presence in 10+ countries amplifying European social tech innovation.[1][2]
Jodel's momentum positions it for accelerated global rollout, potentially targeting emerging markets with high youth density like the Middle East and Asia, leveraging its $6 million funding war chest.[1][2] Trends like AR integration for enhanced local discovery and AI-moderation for safer anonymity will shape its path, while partnerships with events or cities could boost virality. Its influence may evolve from niche player to mainstream local comms leader, redefining "social" as truly nearby—echoing its founding mission to instantly engage communities wherever users are.
