Just six months after its launch, Australian community social network Nabo.com has acquired event listing website AroundYou.
AroundYou, which partnered with News Limited to promote events in local community newspapers around Australia, receives 300,000 unique visitors a month and features over 20,000 events, spanning entertainment, community activities, and listings to help create new friendships.
Adam Rigby, founder and CEO of Nabo, said the acquisition of AroundYou aligns perfectly with the company’s vision to become a one-stop offering from everything local.
“Like Nabo, AroundYou’s positioning is to connect people within their community online and offline. Nabo can now massively expand its events listing for individuals Australia-wide, providing even more reason for local communities and community groups to connect,” Rigby said.
Launched in December 2014 with $2.25 million in funding from investors including Reinventure Group and Seven West Media, Nabo allows residents in an area to connect via secure hyperlocal websites, where they can share community news and participate in discussions.
Nabo launched with the aim of reaching 1 million users by the end of 2015, as well as 60 councils and 6,000 local community groups.
At the six month mark the platform has grown to be active in 4,000 suburbs, with organisations including the City of Perth, Queensland Urban Utilities, and Crime Stoppers Queensland come on board.
The growth of the startup highlights founder Rigby’s successful track record; he cofounded group buying website JumpOnIt, which was sold to LivingSocial in 2011, as well as VC-funded online marketing solutions company Smarter Retail Solutions.
Nabo hasn’t just been focusing on its own success, however. It recently launched a community grants program aiming to support local communities.
There are five grants worth up to $10,000 available, with Nabo looking to fund new or existing community projects or programs that encourage and assist in building safer, more vibrant and inclusive communities across Australia.
Image: Adam Rigby, Founder of Nabo. Source: Mumbrella.