Homeis, a Startup that Wants to Help Expats Connect, Raises $12 Million
Homeis’ social networking app aims to help immigrants acclimatize in their new country by utilizing the common wisdom of the local community of migrants from the same place and culture
Adi Pick | 12:18, 21.08.19
New York and Tel Aviv-based Homeis, a startup offering a social networking app designed to help expats connect with one another, has raised a $12 million series A funding round, the company announced Tuesday. The round was led by Israel-based Canaan Partners and U.S.-based Spark Capital, the company said.
Founded in 2017 and registered as Home Is Inc., Homeis’ mobile app helps immigrants acclimatize in their new country by utilizing the common wisdom of the local community of migrants from the same place and culture. The app includes suggestions on getting a job as well as recommendations for local services such as lawyers and doctors.
Homeis will use the funds to continue expanding its service to more regions and immigrant communities, starting with the entire U.S. later this year, the company said.
In 2017, the company raised a $4 million seed round from investors including Samsung Next, AOL’s former CEO Tim Armstrong, and Taboola CEO Adam Singolda, according to Pitchbook data.
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