a year ago

Lapse Raises $30 Million to Challenge Instagram with Unfiltered Photos

  • Lapse, a UK-based social media platform aiming to rival Instagram with unfiltered photos, has secured $30 million in Series A funding

  • Led by Greylock, the round also saw participation from Google Ventures, Octopus Ventures, and Speedinvest

  • Lapse emphasizes authentic memory sharing over likes and followers, inspired by the experience of disposable cameras

  • The company previously raised £1 million in a seed round featuring Atomico and Ian Hogarth.

      • ProblemTechnology

      "Social media platforms like Instagram encourage users to share only their most glamorous moments, leading to a disconnect between real life and online experiences."

      Solution

      "Lapse is a photo-sharing app that focuses on authentic memory sharing by prohibiting editing and emphasizing genuine connections between friends, creating a space where it's okay to share all moments, not just the perfect ones."

      Covered on