Voice-based social platform Parlor.fm is singing a happy tune after receiving $500,000 in funding for its impending launch from investment group ALM UNLTD, valuing it at $5 million.
Parlor.fm plans to launch during TechCrunch Disrupt in New York Monday. Its chat feature allows users with similar interests to chat one-on-one, with the option of pressing the # key to choose another user. Parlor.fm chat logs will also be available for users to browse so they can follow up on previous conversations.
The Parlor.fm Conference app supports up to 20 callers, free-of-charge, and its Broadcast app can be used to create a group atmosphere for events including call-in programs. Parlor Profiles allow users to create four profiles in order to fully showcase their social and professional offerings.
CEO Joel Schwartz said:
At launch, the Parlor platform offers six robust mini-apps enabling users to connect, share, network, and conduct business, but that’s just the tip of the iceberg. We’re excited to use this new funding to roll out additional apps and features catering to businesses and brands, while working to further enhance the user experience.
We’re extremely grateful to have such a prominent group as ALM UNLTD on board. Receiving a $5 million valuation before launch is a tremendous vote of confidence, and it just goes to show the kind of game-changing technology and framework we’ve packed into Parlor.