Anonymous P2P chat for improved mental well-being among top applicants selected for Newchip’s exclusive accelerator
Stockholm, Sweden, January 30, 2022 -- Angelchat, an instant messaging app that empowers people by allowing them to connect with those they share unique experiences and challenges with, was accepted into Newchip’s renowned global accelerator program. Designed to provide all the skills and tools seed-stage founders need to rapidly fund, build and scale their companies, past accelerator cohorts averaged more than 17.5 times the average funding amount. The equity-free, fully digital accelerator has helped over 1,000 founders from 35 countries raise over $300 million in funding.
“Newchip evaluates a vast and diverse number of companies from across the globe, selecting only a small percentage to be part of our Seed Accelerator program,” says Armando Vera Carvajal, Vice President of Product at Newchip. “This careful vetting process of both the business model and founder makes us an ideal partner for venture capital investors and other key stakeholders in early-stage startup financings who are looking for promising startups. Mobile app companies like Angelchat can scale quickly with proper funding and guidance. We are excited for Angelchat and believe they will do well at Newchip.”
With an MVP launched in 2019, Angelchat is on a mission to combat the mental health epidemic by connecting and empowering people that understand each other based on shared experiences. Since launching the company has generated over 100,000 app installs with an average rating of 4.3 in the App Store.
“Being part of the Newchip Accelerator, we are looking forward to fine-tune the business and bring new investors onboard, says Johan Bergenudd, Founder & CEO. Access to proper funds will allow us to expand the team and create awareness in the US market so that more people can empower each other and prosper with the app.
Social media and loneliness are threats to mental health. Angelchat empowers people by allowing them to connect with those they share unique experiences with. The app’s founders possess over 15 years of experience from P2P mentoring and have previously successfully scaled up tech businesses worldwide. To date, Angelchat has raised over $700,000 from renowned investors and currently helps thousands of users regain their confidence and self-worth. For more information visit https://www.getangelchat.com/