£1.7m raised by Qoorio to accelerate international expansion

Experience sharing social media platform Qoorio has attracted £1.7m investment for product development and international expansion. The lead investor is Mangrove Capital – one of the first investors in Skype and Wix.com – showing the growing importance of sharing economy.

With a successful launch in June, Qoorio already boasts over 20,000 users who want to share their experiences with others, while monetising their knowledge or donating the earnings from their experience sharing to support their favourite charity.

Qoorio platform users can navigate the recently updated app through a variety of interest areas and connect with the person who has relevant experience in a particular subject. They can meet for a coffee, chat online if they are not in the same vicinity, arrange a phone call, or otherwise connect to learn and share.

Co-founder Gabija Grušaitė sid: “We are all stuck in our social bubbles and associate with people who are similar to us. It is hard for an artist to get business advice from friends or for a lawyer to find a knowledgeable person to navigate her through the tricky world of art collecting. And that is what Qoorio offers – access to real-life knowledge.”