LAUNCHPAD: 'Facebook for neighbours' site Streetlife.com gets funding injection

The Covent Garden-based start-up has secured £600,000

by Gabriella Griffith
Last Updated: 21 Aug 2013
How well do you know your neighbours? The answer for millions of us is, ‘not very well’. But before you resign yourself to a life of hermitism, destined to go unacknowledged by those who live around you, fear not – help is at hand.

Start-up streetlife.com is trying to bring us together with its community social media platform and it has secured £600,000 investment to help it do so. The cash injection comes from existing investors Archant Digital Ventures as well as new financial investors Shohet & Cie S.A.

Calling itself ‘the local social media platform,’ Streetlife aims to encourage people to share and connect with their neighbours. The investment, which includes a mandate to raise $3m before the end of the year, will be used to launch the service in new areas of the UK.

 ‘Social networking has a key role to play in bringing local people together to talk about the issues they care about and make a positive difference where they live,’ says Matt Boyes, founder and chief executive of streetlife.com.

‘We’ve shown that online interaction can facilitate real-world meetings, encourage people to become more involved locally, and enhance their sense of belonging.  It’s a very exciting time for streetlife.com; this funding will enable us to bring the benefits of local social networking to new communities across the nation.’

We’ll be sharing cups of tea and biscuits with them next door in no time.  

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