Fundraising Fox

Amo

7 known investors

amo.co β†—

Paris-based social app company founded by ex-Zenly leaders, building friend-focused iOS apps including ID, Bump and Sugar.

Also known as amo Β· Amo

Investors Β· 7

Also in the syndicate Β· 2

80 angel investorsDST Global Partners

Valuation Β· disclosed

Disclosed events
$100Mvaluation at SeedFeb 2023
filing β†—

Source: SEC prospectus filings, and round valuations the company or its investors disclosed β€” follow each entry's link for the claim.

Company profile

researched Aug 2026

Amo is a Paris-based consumer social software company building a portfolio of separate mobile apps intended to support interaction between close friends rather than broadcast-style feeds. Its stated thesis is that mainstream social platforms have drifted toward algorithmic consumption of content from strangers, and that friendship-oriented products should emphasise creation over consumption, single-purpose apps over super-apps, and non-metric-driven engagement.

The company's first app, ID, launched on iOS on 19 November 2023. ID gives each user an effectively infinite zoomable canvas, or "board," that functions as a social profile. Users add stickers, text, drawings and photos β€” with the main subject of a photo automatically cut out using PhotoRoom's technology β€” and objects can be moved, resized and rotated. A central mechanic is that friends can drop content onto each other's boards and copy items from other profiles into their own sticker library, with attribution to the original creator preserved. Boards are visible to anyone on the app, while friend requests can be restricted. Coverage described emergent user behaviours such as guestbooks, shelves and games created on boards.

Amo's own site describes two further apps: Bump, positioned as a map for friends and places, and Sugar, a messaging product that places conversation on an unlimited canvas. Profiles, friendships and settings are shared across the apps so that adopting a new one requires no re-setup.

Founding story

Amo was co-founded by Antoine Martin, former co-founder and CEO of the location-sharing app Zenly, and Michael Goldenstein, Zenly's former managing director. TechCrunch reported that Amo has ten co-founders in total, all former Zenly people: Martin, Goldenstein, Corentin Kerisit, Claire Pluvinage, Charly Delaroche, Julien Martin, Quentin Perez, Nicolas Fallourd, Alexis Druon and Jean-Baptiste Dalido. The founders launched the company after Snap shut down Zenly in 2022, framing the new venture as an opportunity to experiment freely on friendship-focused social products without an acquirer's constraints.

Business model

Amo builds free consumer mobile applications for iOS aimed at friend-to-friend interaction. As of late 2023 the company had no source of revenue and its founders stated that a monetisation strategy had not been decided, prioritising user growth and reaching critical scale first. A shared account layer means a user's profile, friendships and settings carry across the company's separate apps rather than being consolidated into a single super-app.

None disclosed. As of November 2023 the company was pre-revenue and had not defined a monetisation strategy, with the founders saying scale would come first.

Traction

ID drew thousands of sign-ups in its first days after the November 2023 launch, with the United States its largest market by downloads. The company had roughly 30 employees at that time. No revenue had been generated.

Latest developments

ID launched on iOS in November 2023 and reported thousands of sign-ups within its first days, with the US as the largest download market. The company subsequently expanded its portfolio with Bump, described as a map for friends and places, and Sugar, a canvas-based chat app, both presented on Amo's website alongside ID as part of a multi-app social company.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

Amo is one of the most closely watched consumer social startups to emerge from France, following BeReal's global breakout. Coverage framed it as unusual for raising a large round in a 2023 venture downturn as a pre-product, pre-revenue consumer mobile startup, and grouped it with a broader wave of apps focused on real relationships such as BeReal, Locket Widget and Zenly itself.

Amo positions itself against feed-based platforms by offering an open-ended creative canvas rather than a fixed grid or ranked feed β€” its CEO contrasted ID with Instagram's three-by-three grid β€” and by distributing functionality across multiple small single-purpose apps sharing one identity layer instead of one feature-heavy app. The team is composed largely of former Zenly employees, and the founders argue that execution speed and continued product innovation, rather than managing a single viral hit, are their principal advantages.

Technology

Native iOS applications. ID is built around a zoomable, effectively infinite spatial canvas with movable, resizable and rotatable objects, and integrates PhotoRoom's technology to automatically create cut-outs of the main subject in a user's photos. A shared identity layer synchronises profile, friend graph and settings across Amo's separate apps.

Go-to-market

Amo launched with pre-release teasing on social media by its founders, a waitlist on its website requiring a name and phone number, and a TestFlight beta before the public iOS release of ID. Launch coverage in technology and European startup press amplified the release, and the founders' stated short-term objective was to grow as fast as possible by shipping new features. Growth in ID was driven by user-to-user mechanics, since boards are largely filled in by friends.

Consumers seeking to interact with close friends online, with reporting describing an audience of younger, mobile-first iOS users; the company's framing centres on friend groups rather than broad audiences, brands or celebrities.

Geography

Headquartered in Paris, France, where the team works from a single office; the company describes itself as "made by friends for friends from Paris." Following ID's launch, the United States was the app's largest market by downloads.

History

The company was formed by former members of the Zenly team after Snap, which had acquired Zenly for a reported sum in excess of $200m (reported elsewhere as about $250m) in 2017, shut the app down in 2022 as part of cost cutting that included a 20% headcount reduction. Zenly had 40 million active users at the time of the shutdown announcement and, at its peak under Snap, 18 million daily users. Antoine Martin left Snap in 2022 and publicly announced Amo in early February 2023, alongside Michael Goldenstein, opening a waitlist and promising a TestFlight release. Amo worked through most of 2023 on its first app, ID, which launched on iOS on 19 November 2023. The company subsequently described two further apps, Bump (a map for friends) and Sugar (a chat product built on an unlimited canvas), as part of its multi-app portfolio.

Risks & controversies

The company was pre-revenue with no defined monetisation plan at launch, and raised at a valuation reported at more than $100m before shipping a product. Press coverage noted that comparable consumer social apps such as BeReal had begun to see their appeal wane, and Amo's own founders acknowledged the risk that social companies stop innovating once a product catches on. The predecessor company Zenly was shut down by its acquirer despite large user numbers, a history the founders cite in stating they do not intend to sell.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Angel investors on cap tableNov 202380 investors
Co-foundersNov 202310 people
EmployeesNov 202330 people
ValuationJan 2023$100M

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 3

launches, deals, and filings
Nov 2023
Launch of ID, Amo's first iOS app

Amo launched ID, a free iOS social app in which users build an infinite whiteboard-style profile 'board' with stickers, cut-out photos, text and drawings, and can drop content on friends' boards. Photo cut-outs use PhotoRoom technology.

source β†—

Feb 2023
Amo publicly announced by Zenly co-founders Antoine Martin and Michael Goldenstein

Antoine Martin, former Zenly CEO, and ex-Zenly managing director Michael Goldenstein began teasing a new social app company, Amo, via posts on Twitter and LinkedIn, opening a waitlist on the company website and promising a forthcoming TestFlight build.

source β†—

Jan 2023
ID gains early traction after launch

Thousands of users signed up in the first days after launch, with the United States the largest market by downloads.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Amo do?
Paris-based social app company founded by ex-Zenly leaders, building friend-focused iOS apps including ID, Bump and Sugar.
Who are Amo's investors?
Amo's investors include 359 Capital, Abstract Ventures, Coatue Management, Alven, Banana Capital.