Get Joiner app

Lithuanian startup Joiner App raises over €500k in funding, experiencing 10-fold growth

2024-06-23 / By Joiner

Joiner App, a Lithuanian startup managing a socialization platform, has raised over €500,000 in a fresh investment round. The startup’s major investors are angels from Lithuania, marketing advisors, and co-investors from Ogilvy Vilnius.

About Joiner App

  • Founded in 2022 by Eduard Titov and Jūratė Plungytė, Joiner App creates a socialization platform, which officially launched in Lithuania just two months ago. The user base has already grown from 1,000 to more than 12,000.
  • The idea for the app came to founder Eduard Titov while he was traveling during the quarantine. When travel restrictions began, he felt truly alone in a foreign country. This inspired him to create a tool to help people find activities and company anywhere in the world, and before long, the idea became a reality.

Joiner App already has many users, it’s growing fast, and people are recommending it to each other— there’s a real snowball effect. There is huge potential for launching such a product in the US. It is an app that is easy to use; you don’t have to do much to find like-minded people and build your own circle anywhere in the world. There is a great need for this product, and I think investors understand that too. I’m happy to be part of its creation,  –  Yaroslav Zubko, Head of Product Design at Joiner App, commented.

Investment details

  • The startup’s major investors are unnamed angels from Lithuania, with marketing advisors and co-investors from Ogilvy Vilnius, the biggest advertising agency in Lithuania. Its legal advisors are Motieka & Audzevičius.

“We are going to enter countries where statistics show the highest number of people who feel lonely. We believe that loneliness is the main problem our app successfully addresses’, – Jurate Plungyte, co-owner of the startup, said.

Joiner App claims that the fresh capital will be used for its further expansion to new markets soon, including Poland and the USA.

Published on:

© Articles are available for media/public use though, if you use an entire or part article, please include a link to our site.