INSUBCONTINENT EXCLUSIVE:
venture capital arm.Brooklyn-based Universe has just closed a $10 million Series A from GV
The funding round was well in the works before the COVID-19 pandemic took hold stateside; nevertheless, CEO Joseph Cohen definitely sounded
Siegler, who led the deal and is taking a seat on their board.When the team launched out of YC two years ago, the initial aim was to be the
go-to short link for young people and creatives to stick in their Instagram bios
The mobile app allowed users to create very basic landing pages, allowing them to type up some text, toss up photos and arrange their
build an incredibly low-friction commerce platform
latest customers, a farmer selling live bait
but Cohen sees weaknesses for Universe to capitalize on
simplicity for the end user is a hefty cut for Universe
significant expense for them, one that might push them to another platform
Commerce features will be available for both tiers.Universe has raised $17 million to date
Siegler about closing this deal and how his role as an investor has shifted since the current crisis took hold
You can read that interview on Extra Crunch.
