Closing Our Seed Round at $1.6M With iNovia Capital
Today we are proud to announce the closing of our $1.6M Seed round. iNovia Capital led the financing and will be working with us through our next stage of growth to support our mission of eliminating cyberbullying from the social web.
As of today, we service communities spanning 195 countries worldwide and are under contract to process 4 billion messages a day. We chose iNovia Capital because they understand the vision of what we are trying to achieve, both from a business and a global impact perspective.
“Our team is doing something nearly impossible: creating a troll-free internet,” said Chris Priebe, CEO of Two Hat and Creator of Community Sift. “We chose iNovia because we believe in what they bring to the table. We’ve already been able to achieve great things with our current scale, but we need to do significantly more if we are going to seriously put a dent in cyberbullying and hate speech. With iNovia’s help, we will be the go-to solution to create healthy online communities.”
For more information about our funding round, check out the full press release.
Today also marks the beginning of a new chapter for our company, with the debut of our new look-and-feel. We launched brand new versions of our websites at twohat.com and communitysift.com, and over the coming months, we will continue to focus on making the look-and-feel even better across all of our products.
We are committed to building the best protection and automation solutions for social products. With this new funding, we plan to continue improving our product to give our clients the very best platform for shaping healthy online communities at scale.