The Fondu team will join Airbnb’s product group in San Francisco and Fondu CEO Gauri Manglik will now work for Airbnb, other assets of the company were not purchased. The service, which focused on recommendations from trusted friends, is to be shut down Nov. 1.The amount of acquisition is not disclosed.
The two companies Fondu and Airbnb’s share a common goal of helping users discover offline experiences says Gauri Manglik CEO Fondu. Fondu has already raised $575,000 last May in seed funding from ENIAC Ventures, the NYU Innovation Fund, Blazer Ventures ,Harbor Road Ventures, and other investors. Congrats to Gauri Manglik SLP Fellow and CEO Fondu.