Fizz Ready to Expand With $25 Million Series B

<p><strong>SAN FRANCISCO<&sol;strong> &&num;8212&semi; Fizz&comma; a new social media platform exclusively for college students&comma; has raised &dollar;25 million in a series B funding round led by Owl Ventures with participation from NEA&period; The new funding will help Fizz continue the expansion of its authentic and community-centric social media app to more colleges and universities nationwide&period;<&sol;p>&NewLine;<p>Fizz aims to free Gen-Z social media users from the constant judgment&comma; comparison and unachievable expectations that legacy social platforms have become known for&period; The company’s goal is to create a safer&comma; private and more engaging digital space to encourage users to be their authentic selves and share content about what it’s actually like to be a college student&period;<&sol;p>&NewLine;<p>The campus-focused model creates private communities for each school&comma; so scrolling through Fizz is not only fun and entertaining&comma; but it allows students to form connections with classmates they may not otherwise cross paths with&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Especially at a larger school&comma; I tend to spend time with the same group of people who share the same interests as me&period; With Fizz&comma; I believe I have a more well-rounded understanding of activity on campus beyond those in my immediate circle&period; There’s a sense of equal footing that isn’t really paralleled on another social media platform &&num;8211&semi; no matter who you are&comma; you’re capable of reaching a lot of people&comma;” said Sarah Ordway&comma; a Fizz user and Northwestern student in the class of 2026&period;<&sol;p>&NewLine;<p>Fizz is now live at over 90 college campuses&period; In several recent campus launches&comma; Fizz penetrated more than 50&percnt; of the student body within two months&comma; and across the board&comma; app usage is showing a steeper growth rate than original launches at schools like Stanford and Pepperdine which now have over 95&percnt; adoption&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Our generation grew up on social media and we’re tired of screen time corresponding to feeling anxious and unworthy&period; Fizz keeps growing because regardless of the type of school or campus culture&comma; this experience is what college students and the rest of the Gen Z generation really want out of social media &&num;8211&semi; something that’s positive and different than Instagram and Facebook&comma;” said Teddy Solomon&comma; co-founder and COO at Fizz&period; &OpenCurlyDoubleQuote;Fizz elevates the college student’s on-campus life and makes them feel more empowered and included in their student body&comma; on and off their devices&period;”<&sol;p>&NewLine;<p>As Fizz prepares to launch at hundreds of more campuses this Fall&comma; they are expanding their leadership team and bringing on Alex Le to be Chief Product Officer&period; Le&comma; formerly an Executive Vice President at Reddit responsible for consumer product&comma; design&comma; and community&comma; led a turnaround and modernization of the product suite from 2015 to 2022 and helped grow the site 10x during his tenure&period; Reddit is now the world’s largest network of communities&period; At Fizz&comma; he’ll support expansion to more schools and use his expertise to spearhead app enhancements that both students and the market will demand&period;<&sol;p>&NewLine;<p><strong>&OpenCurlyDoubleQuote;<&sol;strong>My time at Reddit showed me the incredible power of digital communities&comma; and I’m excited to help build a better way for Gen Z to connect with each other online&comma;” said Alex Le&comma; Chief Product Officer at Fizz&period; &OpenCurlyDoubleQuote;I love Rakesh&comma; Teddy and Ashton’s vision to create a safe environment for college students to communicate and form connections with each other and I look forward to working with them to make Fizz the go-to app for Gen Z&period;”<&sol;p>&NewLine;