Here

Online platform for virtual social interaction

New York City, New York, United States

About Here

Here.fm offers an online platform where users can create and customize virtual rooms for social interaction and collaboration. Users can personalize these rooms with backgrounds, stickers, YouTube players, and games, making each space unique and engaging. The platform caters to individual users looking for fun ways to connect with others, as well as small groups and teams needing collaborative spaces for meetings or social gatherings. Here.fm operates on a freemium model, providing basic features for free while charging for advanced customization options and premium features. This approach allows the company to attract a wide range of users and generate revenue through subscription fees, in-app purchases, and potential partnerships or advertising. The goal of Here.fm is to blend social networking with virtual collaboration, creating versatile spaces for various interactions.

New York City, New YorkHeadquarters
2020Year Founded
$2.8MTotal Funding
SEEDCompany Stage
Consumer Software, GamingIndustries
1-10Employees

Risks

Competition from Zoom and Microsoft Teams threatens Here.fm's market share.
Rapid technological advancements in VR and AR could outpace Here.fm's offerings.
User privacy concerns may lead to stricter regulations affecting Here.fm.

Differentiation

Here.fm offers customizable virtual rooms for unique social interactions.
The platform combines social networking with virtual collaboration in a web-based format.
Here.fm's freemium model attracts users with free features and premium upgrades.

Upsides

Growing demand for virtual collaboration tools boosts Here.fm's market potential.
Increased interest in personalized digital experiences aligns with Here.fm's offerings.
Browser-based applications' popularity supports Here.fm's accessible platform.

Funding

Total raised$2.82 M
Latest valuation$14.50 M
StageSEED
$3
$14.50 M