{"id":659583,"date":"2013-05-22T11:00:57","date_gmt":"2013-05-22T15:00:57","guid":{"rendered":"http:\/\/www.pehub.com\/?p=203627"},"modified":"2013-05-22T11:00:57","modified_gmt":"2013-05-22T15:00:57","slug":"upout-raises-850000-in-seed-funding-from-sand-hill-angels-and-others","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/659583","title":{"rendered":"UpOut Raises $850,000 in Seed Funding from Sand Hill Angels and Others"},"content":{"rendered":"

UpOut<\/strong>, a San Francisco-based online guide that provides users with personalized recommendations to places and events, has closed $850,000 in seed funding from Sand Hill Angels<\/strong> and TEEC Angels<\/strong>, among others. Before receiving its new round of financing, UpOut had participated in Tandem Entrepreneurs<\/strong>, a Burlington, Calif.-based accelerator that targets mobile applications, providing the teams that create them with six months of support and guidance, along with an initial investment.<\/p>\n

PRESS RELEASE:<\/strong><\/p>\n

UpOut, a guide that provides personalized recommendations to offbeat and interesting events, announced today it closed $850,000 in seed funding from leading Silicon Valley angels including the Sand Hill Angels and TEEC Angels. Previously, UpOut participated in Tandem\u2019s accelerator program.<\/p>\n

UpOut helps locals discover the most interesting events in San Francisco. The technology behind UpOut aggregates thousands of local events and ranks them based on accuracy and preferences, giving users event suggestions that fit their needs. As a companion to the website, UpOut released an iPhone app last year that helps people discover what\u2019s going on around them now. Since the launch of their service, UpOut has grown to influence the going out decision for tens of thousands of Bay Area locals.<\/p>\n

The company started out as a weekend project in the dorm rooms of Babson College by twenty-one-year old Martin Shen and nineteen-year-old Will King, entrepreneurs who have worked together for five years at their own web design firm and previous startup. Mr. Shen started his first business in high school and has over five years of UX design experience working with enterprises to rappers. Mr. King is a full stack developer that started coding at age seven.<\/p>\n

\u201cWe thank our seed round investors for believing in our vision,\u201d said Mr. Shen, CEO of UpOut. \u201cAfter the positive feedback of our beta service, we\u2019re excited to bring UpOut to all the locals itching to find something interesting to do. In addition to helping locals find things to do, we\u2019re helping local business owners drive traffic to their awesome events.\u201d<\/p>\n

Tandem Entrepreneurs is a leading mobile industry accelerator based in Burlingame, CA that provides companies with six months of full support, guidance and an initial investment. \u201cUpOut has been an early hit with both consumers and merchants,\u201d says Doug Renert, Managing Entrepreneur at Tandem. \u201cMartin and Will have the right vision and skills to scale the business and bring UpOut to every city.\u201d<\/p>\n

Sand Hill Angels, a group of successful Silicon Valley executives that are passionate about entrepreneurialism and disruptive technology, led UpOut\u2019s seed funding round. \u201cPeople have a need to discover their city and have a good time. UpOut is helping people satisfy this fundamental need,\u201d said David Koehn, member of Sand Hill Angels. \u201cTheir tech is impressive, the timing is good and the team\u2019s approach to product design is great. I\u2019m really excited for what UpOut can bring to users and merchants.\u201d<\/p>\n

About UpOut<\/p>\n

UpOut is a discriminating guide to fun and interesting events in your city. The startup uses social signals to help you find out what you\u2019re doing tonight. The company was founded in August 2011, is backed by angel investors and is currently based in San Francisco. For more information, visit http:\/\/UpOut.com<\/p>\n

The post UpOut Raises $850,000 in Seed Funding from Sand Hill Angels and Others<\/a> appeared first on peHUB<\/a>.<\/p>\n

\n<\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

UpOut, a San Francisco-based online guide that provides users with personalized recommendations to places and events, has closed $850,000 in seed funding from Sand Hill Angels and TEEC Angels, among others. Before receiving its new round of financing, UpOut had participated in Tandem Entrepreneurs, a Burlington, Calif.-based accelerator that targets mobile applications, providing the teams […]<\/p>\n","protected":false},"author":7567,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-659583","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/659583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/7567"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=659583"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/659583\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=659583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=659583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=659583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}