Lifecrowd is an online marketplace led by CEO Bong Koh that helps users discover and participate in casual local activities and meet new people. The service emphasizes small group sizes (typically 8–10 people) to keep settings social but not overwhelming. It is live in Los Angeles, San Francisco, Orange County and San Diego. Lifecrowd emerged from the MuckerLab accelerator program and was the first start-up to do so. The company has secured initial external funding to support its operations and growth in its current markets. No revenue or user metrics were disclosed in the article. Lifecrowd is a social activities website that focuses on curated, expert-led meetups and real-world experiences such as culinary sessions, poker lessons, beachside yoga and photography excursions. The company differentiates itself from open platforms by partnering with reputable, hand-picked experts to create higher-quality events rather than allowing anyone to host. Lifecrowd launched officially in the Los Angeles area and has signed up more than 100 experts in that market. Experts use the service to earn money from activities and Lifecrowd takes an initial 18 percent cut of transaction fees, with plans to reduce its share as the service scales. The startup has nine full-time employees and debuted at DEMO Fall 2011. Management has stated plans to expand up and down the West Coast (Orange County, San Diego, the Bay Area) and to launch in New York by the end of the year.

Total raised

$7M

Funding rounds

2

Latest round

Equity

Latest activity

Apr 2012