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The Venture Codex

F3

Baznīcas iela 31 - 7, Rīga, LV-1010

Overview

F3 offers an anonymous Q&A social app where users reply to questions with photo and short-video ‘Stories’-style responses, plus swipe-to-friend gamification and in-app editing tools. The product includes a public feed, direct messaging, discovery features and personalized profile URLs to solicit questions. The company monetizes via a paid ‘Plus’ subscription (pricing tiers cited in the article) and emphasizes viral growth through anonymous Q&A as a hook. F3 reports 25M registered users (85% under 25), with a user base that is 65% female and geographically ~60% Europe / 20% LatAm / 20% rest of world; the team says ~80% of users have been on the app for more than three months. Safety and moderation are highlighted as priorities: automated text-analysis (250k+ patterns), AI image-recognition and a 24/7 moderation operation (8 in-house safety experts plus 30+ outsourced contractors). The app has drawn user complaints about safety, privacy and value of the free tier despite the company’s moderation measures, and F3 plans a push on the US market.

Total raised
$4M
Funding rounds
1
Latest round
Seed
Latest activity
Nov 2020

Industries

  • Messaging
  • Photo Sharing
  • Social Media
  • Social Network
  • Virtual Reality
Visit website

Recent funding

  1. Seed

    Nov 2020

    $4M

Team

No current team members are available.