FightMe raises $1.35m to expand new platforms

FightMe, a social video network that invites users to join in challenges and create their own, is set to expand to new platforms after raising $1.35 million in a seed investment round.

The London-based startup plans to use the new round of funding to grow its team, launch its app for Android,  and expand to the US.

The new round of funding comes from investors including brothers Daniel and Raphael Khalili who have previously invested in Summly.

In November, they raised $500,000 seed funding, ahead of their full UK launch. The investment brings the total seed funding received by the company to $1.85m.

I dare you

FightMe users can compete with each other by posting 30 second videos that showcase their talents and skills. By adding hashtags to the videos, the community then challenge each other to respond.

Videos are ranked by the level of applause received by other users on a leaderboard.

The platform beta launched back in June 2013, and was founded Jamie Lorenz, founder of live music venue The Cuckoo club, and Joelle Hadfield, former head of PR for social networking site Lulu.

Viral hit

Many might already be familiar with FightMe’s work without being aware of it.

Last week, they released a video that shows a selection of vertigo-inducing tricks, performed by daredevils on ‘Boris Bikes’ in London. It caught the eye of Londoners and has accrued over 170,000 views online.