Yubo is the social discovery app to make new friends based in all over the world.

Yubo is building a social media app for young people under 25 with one focus in particular on helping teenagers meeting new people and creating friendships. Compared to the most popular social media apps out there, Yubo isn’t focused on likes and followers.

Yubo was created in 2016 by Sacha Lazimi, Jérémie Aouate, and Arthur Patora. The company is based in Paris, France. It was launched by TWELVE APP in 2015 and is available on iOS and Android.

Yubo aims to create video live streams with up to 10 friends and make new friends of the same age. The app also offers a swiping feature to swipe on friends of similar age and messaging features.

Yubo has in-house safety experts and also works with contractors — it can connect its users with local helplines as well. One-third of the company’s investments are focused on safety. It currently covers 36 languages.

 

Yubo has managed to attract 40 million users. A fraction of them hang out every day in live-streaming rooms, meet new people and spend money for more features. 

 

Yubo is working on recommendation algorithms. The company is also going to build a YouTube integration to consume YouTube content from a room directly. Yubo is also partnering with Snap to integrate Camera Kit. This way, Yubo will be able to build is own AR lenses for its users.

 

Yubo is backed by Iris Capital, Idinvest Partners, Alven, Sweet Capital, Gaia Capital Partners and others. The company raised $47.5M in a Series C round on Nov 17, 2020. This brings Yubo's total funding to $59.8M to date.

 

 

  • Year founded: 2015
  • Funding Info: $59.8M over 3 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: $20M (2020)
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Paris
  • State: Paris
  • Country: France
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