SIA F3

SIA F3 company is engaged in development of the social application of F3 with focus on generation Z which allows to get new friends and to communicate with existing using questions and answers. Service was founded by Latvians Ilya and Mark Terebiny, Girt Tikhomirov, Klavs Sinka, Valery Leushin, Herman Gedgauds and Oscar Liyepinsh. The headquarters of the company is in Latvia.

History

2020: Attraction of $3.9 million investments

On November 24, 2020 SIA F3, the creator social network F3 for generation Z, announced attraction of $3.9 million investments in a sowing round from a dating service Mamba (partially belongs Mail.ru Group) and Adfirst venture fund. Among the angel investors who joined a round, the former president of the purchased TikTok musical.ly Alex Hoffmann and the CEO of Bitfury Capital Marat Kichikov.

F3 application was started in 2018 and during this time integrated more than 25 million users; at the same time its audience grows on tens of thousands of users daily. F3 offers other format of communication: users send each other photos, video and questions, and then answer them in a multimedia format. Such format allows F3 to satisfy needs of the younger generation — 85% of audience younger 25 years.

F3 social network founded by Latvians attracted millions from the dating service Mamba and other investors

F3 command is already familiar with young audience — earlier it started global social network of questions and answers of Ask.fm on which more than 150 million users were registered. Later the network was purchased by the American holding company IAC.

F3 command already has a number of functions in pipeline which they want to implement, increasing a command and entering the new markets — first of all F3 will focus on the USA — reported in social network.

Forced to stay at home, without seeing each other, people around the world escape from social isolation using different applications. But get to other trap — watching a happy and rich life of other people (which often is illusion), the person begins to compare it to the and falls into a big depression. To avoid similar effect, the younger generation looks for more sincere communication.

Users of F3 publish that they requested others — answer the received photos, video or text questions and messages that allows to come into deep, fair, personal contact. F3 in turn provides fascinating experience, safety of users and does communication comfortable. For this purpose the command uses different tools: automatic moderation of content, search and blocking of candid photos and video, text filters of offensive language and many other things.

Basic functions of social network are available free of charge. The service offers F3 Plus subscription: $3.99 in seven days, $8.99 in a month, $19.99 in three months. Using it, for example, users can see who browsed their answers and who wants to get acquainted with them in the game BFF.

To begin to use F3, the user should share the link with friends that will allow them to send photos, video and questions which you can see only the user. And to get acquainted with new people from around the world, users can participate in the game BFF. Thanks to open and fair communication, users are ready to transfer the relations from the application to real life.^[1]

We notice that our users create a circle of friends of people whom they met on F3. It confirms our confidence that the generation Z needs essentially new social networks — such where they can communicate, get acquainted and get new friends the same as in real life where they create new communities and talk with each other in the same place where they create or consume content — Ilya Terebin, the CEO and the co-founder of F3 says.

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