Chat app attracts $250K in new funding

By June 18, 2014

Votechat, an app aiming to change the messaging landscape, has recently raised 250K in new funding from one of the web’s earliest pioneers.

Users of Votechat initiate chats with their friends, who can then suggest new ideas or vote existing ones up. Once the pre-determined time period has expired, or a given idea has passed the established vote threshold, a winner is declared. With free instant messaging anytime, anywhere.

“What we’ve done is identify a basic context where competition is inherently useful and apply a very basic construct that makes it functional and appealing,” says Votechat Co-Founder Stewart Alsopp, “None of it is for show, nothing is gimmicky. We’ve all been in situations where we’re debating things among our friends, trying to figure out what to do on a Saturday night, or where to go for lunch, or whatever. Now there’s an easy, logical system for figuring that out. Voting just makes sense.”

Steve Vachani, who recently invested the $250k in Votechat, was one of the internet’s early pioneers, co-founding Qool and Freelotto — at their peaks, the 11th largest internet brand in the world in terms of global reach and users and the third largest auction site on the Internet, respectively.

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