Twitter co-founder Biz Stone and Pinterest co-founder Evan Sharp have raised new funding for their social media startup West Company,
Startup Invite-only edition launched Its first app Tangle was launched in November. Now the Financial Times has More details added together From comments made by Stone and Sharp, as well as regulatory filings and job listings.
The company has reportedly raised $29 million, with Spark Capital leading its seed round.
Sharp – the company’s CEO – described the West Company as emerging from the question, “What can I create that can help reverse some of the terrible devastation of the human mind and heart that we have caused over the last 15 years?”
The Answer, at least in its initial form, is an app that asks users, “What is your intention for today?” Users can share their goals with friends, hopefully helping them “plan with intention, capture the reality of their days, and see the deeper threads shaping their lives.”
Stone told the FT that the app could undergo significant changes before it is fully launched to the public.
