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BeReal

BeReal

Social media platform for authentic sharing

About

BeReal offers a social media platform that encourages users to connect with friends through authentic and spontaneous photo sharing. Each day, users receive a notification at a random time, prompting them to take and share a photo within a two-minute window. This unique approach allows users to showcase unfiltered moments from their daily lives, providing a genuine insight into their experiences. BeReal primarily targets younger users, such as teenagers and young adults, who prefer a more real social media experience compared to platforms that focus on curated content. Unlike its competitors, BeReal emphasizes real-time interactions and authenticity, which helps it stand out in the crowded social networking market. The company's goal is to grow its user base and engagement by creating a compelling user experience, with plans to monetize through targeted advertising, premium features, and brand partnerships.

Company Stage

Series B

Employees

51-200

Industries

Consumer Software, Entertainment

Total Funding

$236.8M

Headquarters

N/A

Founded

2020


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Simplify's Take

What believers are saying

  • BeReal's rapid user growth, with over 25 million daily active users, indicates strong engagement and potential for further expansion.
  • Winning Apple's iPhone App of the Year award in 2022 highlights BeReal's innovative approach and market recognition.
  • The recent acquisition by Voodoo could provide additional resources and strategic direction to scale the platform further.

What critics are saying

  • Despite its initial popularity, BeReal has faced challenges in maintaining user engagement, with reports of declining monthly active users.
  • The highly competitive social media landscape means BeReal must continuously innovate to retain its user base and attract new users.

What makes BeReal unique

  • BeReal's unique daily notification system encourages spontaneous and unfiltered sharing, setting it apart from other social media platforms that focus on curated content.
  • The app's focus on authenticity and real-time interactions appeals to a younger demographic seeking genuine connections.
  • BeReal's collaboration with Spotify adds a musical element to the user experience, enhancing its appeal and differentiation.

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Growth & Insights
Headcount

6 month growth

↓ -5%

1 year growth

↑ 0%

2 year growth

↓ -1%

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