Lapse, a photo-sharing app enabling groups of friends to avoid the pressures of traditional social networks by emulating the experience of film cameras, has closed an USD11 million seed round led by Octopus Ventures and GV (formerly Google Ventures).
Lapse, a photo-sharing app enabling groups of friends to avoid the pressures of traditional social networks by emulating the experience of film cameras, has closed an USD11 million seed round led by Octopus Ventures and GV (formerly Google Ventures).
Also in the round are Speedinvest and a number of high-profile angels – including Soleio Cuervo, the designer who invented Facebook’s Like button.
The new investment comes just four months after Lapse closed a USD1.4 million pre-seed round led by Speedinvest, with involvement from angels including Claire Nooriala (VP EMEA, Snap Inc), Matt Robinson (founder of Nested and GoCardless), and Ian Hogarth (founder of SongKick). The app launched invite-only in September 2021 after filling its 10,000-user beta test in under a week.
The app, co-founded by brothers, lets friends in group chats take photos together, all of which are a mystery until they “develop” the next day, in a private social experience.
