Retro raises more than $21M in Series A financing, according to TechCrunch
An SEC filing reports a $21,999,978 offering for Lone Palm Labs; TechCrunch identifies the financing as Retro's Series A and says it closed in December.
By RuntimeWire Staff · Published
Primary source: TechCrunch
Why it matters
Retro gives venture investors a clean test of private social: can ex-Instagram builders turn millions of downloads into retained, paying friend groups without ads?
Nathan Sharp and Ryan Olson, the former Instagram product engineers behind Retro, raised more than $21 million for Lone Palm Labs in a Series A, according to TechCrunch and an SEC filing. The Form D reports a $21,999,978 offering. It does not establish how much of that offering was ultimately sold.…