Favs is developing a lightweight social app that removes typical features like a status box, news feed and inbox to refocus social networking on close friends and meaningful interactions. The app is intended to limit time spent in-app (the team says users should be done after about 10 minutes) and avoid addiction-driving design; the company does not plan to rely on advertising for monetization. Favs will scan contacts to infer closest connections, surface friends' updates even if they are not on the platform, and may leverage APIs from larger networks while saying it is more than an aggregator. The team plans to use iOS features such as the Dynamic Island and will not deploy consumer-facing AI. Favs is currently in private beta with a VIP waitlist and plans a public launch in January 2024. The company is co-founded by CEO Saba Karim (formerly head of pipeline at Techstars) and Noah Mitsuhashi (a former Meta business engineer). Financially, Favs has raised roughly $1 million in a pre-seed and is receiving inbound interest for a seed round it plans to kick off in November.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2023