POSH, a leading innovator in the event discovery space, has secured $22 million in Series A funding. The round was led by Goodwater Capital and signifies a significant validation of Posh’s approach to connecting people through shared event experiences.
What sets POSH apart? It’s not just about finding events; it’s about finding the right events – the ones where you’re likely to connect with people who share your passions.
Here’s how it works:
- Personalized Matching: POSH goes beyond simple event listings. Their intelligent algorithm takes a deep dive into your interests, past behavior on the app, and even your social connections to curate a personalized feed of events.
- Forget FOMO, Find Your Tribe: Imagine a world where your event discovery app recommends concerts by your favorite bands or fashion shows that perfectly suit your style.
- Community Builder: By focusing on shared interests, POSH fosters a sense of community among users attending the same events. This increases the chance of striking up conversations and making real-life connections.
- Seamless Booking: Once you discover an event that sparks your interest, you can easily purchase tickets directly through the app.
The results speak for themselves:
- Over 2 million users have already embraced the POSH platform.
- The company has facilitated a staggering $95 million in ticket sales.
- But perhaps the most compelling metric is the explosive 1400% year-over-year growth in user-event matching. This highlights the effectiveness of POSH’s algorithm in connecting people with experiences they’ll truly enjoy.
“In our digital age, human connection is fraying,” says Avante Price, CEO of POSH. “At Posh, we believe in reversing this trend by creating a platform that champions real-world connections and meaningful interactions.”
With this new funding, POSH is poised to further personalize the user experience, invest in product development, and expand its reach to a wider audience. The future looks bright for Posh and its mission to redefine event discovery through the power of shared passions.
by Tony O. Lawson
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The post POSH Raises $22M to Power Your Social Life Through Events appeared first on SHOPPE BLACK.
