Huddle, a Singapore-based social networking app for fan communities, has raised US$1.3 million in a Seed round. The app is designed to connect users around shared fan interests. Backers include Banyan Tree Group founder Ho Kwon Ping and Olympic gold medalist Joseph Schooling.
Investor backgrounds
Ho Kwon Ping founded Banyan Tree Group. Joseph Schooling is an Olympic gold medalist. Other backers include former OCBC Securities president Clifford Lau, WPH Digital's Vincent Leoh, and Ho Ren Chun.
Company context
Huddle said it has more than 150,000 registered users on the platform. The company is headquartered in Singapore. The platform supports fan community interactions.
AI tools
The platform uses AI to help users discover communities. The same technology supports content moderation. The app is a social networking product built for fan communities.
Huddle plans to use the new Seed funding to improve the app. It will also launch a web version. The company said it will hire more engineers.