The funding will be used to invest in technology, improve personalization features, expand offerings, and hire new talent. The company aims to be the first stop for people looking for places to go in their city or when traveling, and plans to continue investing heavily in AI for personalization, curation, and recommendations.
Key takeaways:
- Atmosfy, an app that allows users to discover restaurants and local businesses through short videos, has raised $12 million in seed funding led by Redpoint Ventures.
- The app was founded by Michael Ebel, a seventeen-year Air Force Captain and former Global Program Manager for Meta’s operational machine learning initiatives, to support local businesses during the COVID-19 pandemic.
- Atmosfy allows users to post short videos of their experiences at various locations, and it features a wide range of content from dining and nightlife to concerts and sports events.
- The new funding will be used to invest in its technology, improve its personalization features, expand its offerings, and hire new talent. The company also plans to heavily invest in AI for personalization, curation, and recommendations.