Social Foundry, LLC
Social Foundry, LLC is a Palo Alto-based private company founded in 2017 that develops the Nearby consumer social network (branded as ChatMeetFriend), a location-oriented app for meeting new people nearby, operated by a 1-10 person team.
- Company typePrivate
- Founded2017
- HeadquartersPalo Alto, United States
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
Social Foundry, LLC firmographics
Firmographics- Name
- Social Foundry, LLC
- Website
- https://chatmeetfriend.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Social Foundry, LLC is a Palo Alto-based private company founded in 2017 that develops the Nearby consumer social network (branded as ChatMeetFriend), a location-oriented app for meeting new people nearby, operated by a 1-10 person team.
- Ownership category
- akta.pro rank
Social Foundry, LLC industry classification
Industry- Product category
- Social Networking
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- General-Purpose Social Networks (BPAMABAA)
Keywords
Where Social Foundry, LLC is headquartered
LocationHeadquarters
- HQ city
- Palo Alto
- HQ country
- United States
- HQ region
- North America
Markets served
Social Foundry, LLC business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations
Social Foundry, LLC product offering
Product offeringCore offering
Social Foundry, LLC develops and operates the Nearby social network, a consumer-facing social networking product. The company acquired Nearby in September 2017 and has historically operated the product under the chatmeetfriend.com web presence.
Differentiator
Problem solved
Functional benefit
Products and services
- Nearby social network Nearby is a consumer social networking product developed by Social Foundry, LLC, serving individual users seeking social connections via the company's chatmeetfriend.com web platform.
Companies that use Social Foundry, LLC
Customer profileIdeal customer profiles1 record
Social Foundry, LLC technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Social Foundry, LLC competitors and assessment
Company assessmentBroad incumbents
- Reddit: Reddit operates interest-based community forums at very large scale. It is a broad incumbent in social/community networking and competes for the same user time and community-formation behavior as Nearby.
- Discord: Discord is a large-scale communication and community platform organized around servers. It is a broad incumbent in community-oriented social networking relevant to any smaller community/social product.
- Facebook (Meta): Facebook is the dominant general-purpose social network with massive scale in groups, local communities, and friend connections. It is the broad incumbent against which any smaller general-purpose social network like Nearby competes for attention.
Direct peers
- Nextdoor: Nextdoor is a location-based social network connecting neighbors within a defined geographic area. It is directly comparable to Social Foundry's Nearby product, which appears oriented around proximity-based social discovery and community formation.
- Yik Yak: Yik Yak is an anonymous, location-based social network originally targeting college campuses and now broader communities. It is directly comparable to Nearby as a proximity-driven, community-focused social product.
- Meetup: Meetup is a social platform for finding and organizing local interest-based groups and gatherings. It is comparable to Social Foundry because the chatmeetfriend.com domain and Nearby branding suggest a focus on meeting people locally around shared interests.
Emerging players
- Bumble BFF: Bumble BFF is the friend-finding mode within the Bumble app, designed to help users meet new friends nearby. It overlaps with Social Foundry's apparent friend-discovery positioning via chatmeetfriend.com.
- IRL: IRL is a social networking app focused on connecting people through shared interests and events. It is comparable to Social Foundry as an emerging general-purpose social community platform targeting younger users.
- Lunchclub: Lunchclub is a 1:1 professional networking platform that matches users for virtual meetings. It is comparable as a meeting-driven social product targeting peer connections, though more narrowly focused on professional contexts than Nearby.
Regional players
- Peanut: Peanut is a social networking app for women, particularly mothers, to find local connections and friends. It is an adjacent peer illustrating how niche, friend-discovery-focused social apps are structured, with a more specific demographic focus than Social Foundry.
Market position
Customer concentration
Social Foundry, LLC financial estimates
Financial estimateRevenue estimate
Valuation estimate
Social Foundry, LLC leadership team
Management profileNumber of profiles
Profiles1 record
Social Foundry, LLC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Social Foundry, LLC M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Social Foundry, LLC
What does Social Foundry, LLC do?
Social Foundry, LLC develops and operates the Nearby social network, a consumer-facing social networking product. The company acquired Nearby in September 2017 and has historically operated the product under the chatmeetfriend.com web presence.
Is Social Foundry, LLC a public or private company?
Social Foundry, LLC is a private company. It is classified as unknown and is currently operating.
When was Social Foundry, LLC founded?
Social Foundry, LLC was founded in 2017. It employs 1 to 10 people.
Where is Social Foundry, LLC based?
Social Foundry, LLC is headquartered in Palo Alto, United States, in the North America region.
Who are Social Foundry, LLC's main competitors?
Broad incumbents on record are Reddit, Discord and Facebook (Meta). Direct peers are Nextdoor, Yik Yak and Meetup. Emerging players are Bumble BFF, IRL and Lunchclub. Peanut is listed as a regional player.
Does Social Foundry, LLC have an API?
No public API is recorded for Social Foundry, LLC.
What industry is Social Foundry, LLC in?
Social Foundry, LLC's product category is Social Networking. Its primary akta.pro industry code is BPAMABAA, General-Purpose Social Networks. Its SIC code is 8600.