Raily raises $1.7M in pre-seed round to transform social connectivity with AI
Feeling the strain of loneliness and social anxiety in today’s fast-paced, digitally connected world? You’re not alone. Many people are struggling to find genuine, meaningful connections in a sea of superficial online interactions.
Enter Raily, the AI-powered platform designed to combat these very issues, fostering real-world relationships and enhancing mental well-being through innovative technology and personalised matchmaking.
Raily's mission and funding achievemen
Raily, the AI-powered platform designed to create meaningful human connections, has announced the successful completion of its pre-seed funding round, securing $1.7 million and achieving a valuation of $17 million. This funding marks a significant step in Raily's mission to address the pervasive issues of loneliness and lack of connectivity.
Founded in Munich, Raily stands out from traditional social and travel apps by leveraging artificial intelligence to match users based on their daily routines, interests, and social preferences. This approach transforms everyday activities into opportunities for genuine interaction, offering a powerful change of perspective to the existing superficial interactions that often dominate social media. Raily bridges the gap between digital and real-world connections, making it easier to meet new people through its mobile app.
The $1.7 million raised will be used to enhance Raily's AI algorithms, expand user acquisition efforts, and strengthen data security measures. Exciting new features are on the horizon, including the AI concierge, which will provide personalised recommendations for meetups, events, and activities. Additionally, Raily plans in the coming months to enter the Web3 space and introduce booking features for flights, hotels, and more, streamlining the travel experience and facilitating seamless connections on the go.
With a valuation of $17 million, Raily's position in the tech landscape is solidified, underscoring the significant potential and confidence investors have in its vision. This valuation reflects Raily's current impact and future promise in revolutionising social connectivity. The company’s innovative approach is poised to address modern-day challenges by promoting deeper, more meaningful interactions, thus improving mental health and well-being.
In-depth look at Raily’s features
Raily's platform is designed with a suite of features that cater to enhancing user experience and facilitating meaningful connections:
Personalised matchmaking: At the core of Raily is its AI-driven matchmaking algorithm, which collects and analyses data from users' profiles, behaviours, and preferences. By understanding users' daily routines and social habits, Raily suggests potential connections that align with their lifestyle. This personalised approach helps users find others with similar interests, making connections feel more natural and meaningful.
Activity-based matching: Unlike traditional apps that match users based solely on profiles or messages, Raily emphasises real-world activities. Users can input their favourite activities and interests, such as hiking, cooking, or attending concerts. The AI then matches them with others who enjoy the same activities, suggesting potential meetups that fit seamlessly into their everyday lives. This approach not only encourages users to connect in person but also ensures that these connections are based on shared experiences and interests.
AI concierge service: One of Raily’s most innovative features is the AI concierge. This service provides personalised recommendations for local events, restaurants, activities, and meetups based on user preferences and location. Whether a user is looking for a new hiking trail or a local music event, the AI concierge ensures that they receive tailored more, making it easier to plan and participate in social activities. This feature not only enhances user engagement but also helps foster a sense of community by encouraging participation in local events.
Secure data handling: Raily places a strong emphasis on user privacy and data security. The platform employs advanced encryption and data protection measures to ensure that user information is safe and secure. Raily's commitment to data privacy not only builds trust with users but also sets a high standard for other platforms in the industry.
Raily's vision for social connectivity
Raily's mission extends beyond simply connecting people – it aims to revolutionise how we perceive and interact with others in our daily lives. By leveraging advanced AI technology, Raily seeks to create a platform that not only fosters genuine relationships but also promotes mental well-being. In an era where digital interactions often lack depth, Raily offers a refreshing alternative by encouraging meaningful connections that enhance users' quality of life.
Looking ahead, Raily is gearing up for its upcoming seed round to further fuel its growth and development. The company aims to continue advancing its mission of enhancing social connectivity through AI, fostering an environment where technology enables genuine, meaningful connections that contribute positively to individuals' lives and society as a whole.
Raily, the social hub for travellers, is designed to ensure that no one has to journey alone. It pairs you with wonderful friends or like-minded companions, directing you to perfect places for an experience you'll never forget. On iOS & Android from Q3 2024. Made in Germany with love and passion.