USA – Favs, a Los Angeles, CA-based developer of an app for people to maintain connections with one another, reportedly raised nearly $1m in seed funding
Backers in the round included Sunset Ventures, Kleiner Perkins Scout Fund, and angels including David Cohen.The company is using the funds to continue to develop the app. Led by Saba Karim, Favs is still in stealth mode with its social networing app that aims to keep “your close friends close.” The company expects to launch it in 2024 and interested people can join their waitlist. 18/09/2023
