|Seed, 11/11 |
Harbor Road Ventures
NYU Innovation Venture Fund
Fondu (formerly SpotOn) was a community for sharing bite-sized reviews about places to eat and drink.
Users wrote a short review of places they visited and gave it a rating of 1-4 “petals” that got pushed to their followers in the community.
After launching SpotOn as an NYC only beta at TechCrunch Disrupt NYC in May, the team spent a lot of time refining the recommendation engine and testing with users. Based on extensive user feedback, the team decided to evolve their product into a social network for bite-sized reviews and renamed the company to Fondu.
Fondu was acquired by [Airbnb] (http://www.businessinsider.com/airbnb-buys-fondu-2012-10) in 2012