Fondu

company

About

Fondu is an online community for sharing bite-sized reviews about places to eat and drink.

  • 1 - 10

Details

Last Funding Type
Seed
Last Funding Money Raised
$575K
Industries
Location Based Services,Online Forums
Founded date
Feb 1, 2010
Number Of Employee
1 - 10
Operating Status
Active

Fondu (formerly SpotOn) was a community for sharing bite-sized reviews about places to eat and drink.
Users wrote a short review of places they visited and gave it a rating of 1-4 "petals" that got pushed to their followers in the community.
After launching SpotOn as an NYC only beta at TechCrunch Disrupt NYC in May, the team spent a lot of time refining the recommendation engine and testing with users. Based on extensive user feedback, the team decided to evolve their product into a social network for bite-sized reviews and renamed the company to Fondu.
Fondu was acquired by [Airbnb] (http://www.businessinsider.com/airbnb-buys-fondu-2012-10) in 2012

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$575K
Fondu has raised a total of $575K in funding over 2 rounds. Their latest funding was raised on Nov 1, 2011 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 1, 2011 Seed $575K 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Fondu is funded by 1 investors. Harbor Road Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Harbor Road Ventures Seed