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Yelo logo — Connect locally and chat effortlessly with a peer-to-peer pl...

Yelo

Connect locally and chat effortlessly with a peer-to-peer platform that makes finding the right person swift and easy through a social referral system.

Founded 2014 2-10 employees Seed

General Information

Company Name Yelo
Founded Year 2014
Employees 2-10
Funding Stage Seed
Social

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About Yelo

Yelo is a mobile-only peer-to-peer platform that aims to connect users with the right person in their network through a social referral system. The slogan "Connect locally and chat effortlessly" encapsulates the brand's core value proposition. Founded in 2014, Yelo facilitates direct connections and chats with suppliers or service providers, streamlining issue resolution. On the supply side, individuals can showcase their skills and talents, receive referrals, and capitalize on direct leads. Yelo operates on a freemium model, monetizing leads. The company recently secured a Seed Round investment in September 2019, with noteworthy participation from Omidyar Network, Matrix Partners India, Better Capital, and Flourish Ventures. The investment signifies a strong nod of confidence from respected venture capital entities, potentially indicating promising growth prospects for Yelo within the peer-to-peer connecting space.

Taxonomy: peer-to-peer platform, social referral system, local networking, service provider, monetization model, freemium model, startup, entrepreneurship, consumer services

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round Undisclosed 4
Omidyar Network Matrix Partners India Better Capital
Omidyar Network, Matrix Partners India +2
04 Sep 2019

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FAQ About Yelo

Connect locally and chat effortlessly with a peer-to-peer platform that makes finding the right person swift and easy through a social referral system.
Yelo was founded in 2014.
Yelo has approximately 2-10 employees.
Yelo has completed 1 funding round. The latest funding stage is Seed.
Top alternatives and competitors to Yelo include Stache, Mobincube, LINE MAN Wongnai, WIN Worldwide, CoShareek كوشريك. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Yelo and Stache are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Yelo, https://bouncewatch.com/company/yelo, updated 28 October 2024. When citing, please name BounceWatch and link this page.

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