Dispo Announces $4 Million in Seed Funding

Dispo, the social network organization co-founded by digital star and TV personality David Dobrik, today reported a $4m seed round driven by Alexis Ohanian’s Seven Seven Six.

The financing will empower the application, recently known as David’s Disposable, to grow its reach and seek after its main goal to re-establish pleasure and realness to social media. The rebrand will incorporate another look and feel, alongside various new highlights that will upgrade the experience for the developing Dispo community.

What Alexis Ohanian’s has to say about working with David

“I always say that when I invest in a company, that I am investing in a founder and an idea, and Dispo is no exception,” said Alexis Ohanian. “Many people know David Dobrik as the internet’s best friend. He is fun personified, with an unmatched magnetism that draws people in. However, what people might not realize just yet, is that David is a motivated visionary who has a plan to reinstall authenticity into social media and create a safe and fun internet for all. I’m thrilled to work alongside David, Natalie, Daniel, and the rest of the Dispo team in pursuit of this shared goal. We could not have invented a better first investment for Seven Seven Six”

Other Investors

Partaking investors incorporate Unshackled Ventures, Shrug Capital, Weekend Fund, individuals from the Vlog Squad, Latin World Entertainment’s Sofia Vergara and Luis Balaguer, The Chainsmokers, Roivant CEO Vivek Ramaswamy, Lime CEO Wayne Ting, Knowable CEO Warren Shaeffer, Brud CEO Trevor McFedries, Pizzaslime fellow benefactors Matt Hwang and Stove, and Ian “from Seatgeek” Borthwick.

In David’s Words

“I always under-promise and over-deliver, but I’ll be honest, Alexis Ohanian joining the team is already overdelivering in and of itself,” said David Dobrik. “I’m beyond excited about the team and the product we are building. I’m all about living in the moment and this app will embody just that. Wish us luck!”

Dispo Says

“Dispo is thrilled to announce that two great superheroes of the internet have joined forces to restore joy and authenticity to social media. Alexis’s vision for Seven Seven Six blew us away, and we could not be prouder to be his first investment. He and his team will fundamentally reinvent the practice of venture capital. Choosing Seven Seven Six as our lead investor was simple: Nobody understands the power of creators and social networks like Alexis Ohanian,” said CEO Daniel Liss. ” We are likewise thankful for the support of our many exceptional investors, who bring a wealth of expertise from Silicon Valley, Hollywood, the internet, and beyond. With their support, our team is rapidly expanding and ready to take on the world.”

About Dispo

Co-Founded by digital star and TV personality David Dobrik and his long-lasting comrade Natalie Mariduena, along with digital power supervisor Jack Reed and business visionary Daniel Liss, Dispo bested the Apple outlines upon launch in December and has accomplished a large number of downloads. The application propels its fans to sit tight until the following morning for their photographs to grow, carefully re-making the brilliant wistfulness and postponed satisfaction of hanging tight for film’s development. This element makes remarkable, raw, and real photographs, saving communities and associations. Dispo looks forward to making an extraordinary social media network, based on realness.

About David Dobrik

David Dobrik is a digital star and TV personality known for making viral content on YouTube. With more than 70 million subscribers over his foundation, Dobrik has aced the craft of speedy cut content. Named “Gen Z’s Jimmy Fallon” by the Wall Street Journal, Dobrik shows his characteristic charm and unquestionable relatability in all that he does. With his generally well-known social media presence and digital broadcast, VIEWS, Dobrik has raised himself into global fame. Dobrik featured along with co-judges Ciara and Debbie Gibson, in Nickelodeon’s series, America’s Most Musical Family in 2019, hosted the Teen Choice Awards, presented at the American Music Awards, and now has Discovery’s freshest show, Dodgeball Thunderdome. Dobrik additionally as of late extended his franchise into a perfume with his debut scent line, David’s Perfume by David Dobrik.