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IdeaMarket Launches Foundbite
[September 01, 2015]

IdeaMarket Launches Foundbite


IdeaMarket, a new company and marketplace dedicated to removing the "friction" from starting great companies, has launched its first company called Foundbite, a London-based startup. IdeaMarket is backed by Steve Case, Idealab, Hubspot co-founder Dharmesh Shah and 500 Startups among other angel investors. Vj Anma, co-founder and CEO, has spent the last few months building a platform which enables idea proposers and entrepreneurs to meet and launch companies. Once IdeaMarket matches a team and idea proposer, they help facilitate the strategic and legal processes needed to form a corporation and receive investment.

Foundbite captures the authentic atmosphere of a place, event or experience in a uniquely innovative and immersive way. Through the combination of photos and sound, their app offers its users kaleidoscopic access to thousands of striking experiences from all around the earth. Founded by James Mundy and Alfie Woodland, the company originally launched on the Windows phone and has a fairly active user base of 150,000+ users. They just launched their Android (News - Alert) version and are receiving positive feedback from their initial users.

"Foundbite is allowing users to capture sound in an incredibly innovative way," says Vj Anma, co-founder and CEO of IdeaMarket. "Not only is it creating a new type of experience for people to engage in, but it is filling in a iece of the social networking space that was previously missing."



When asked for thoughts on IdeaMarket's platform, James Mundy, co-founder and CEO of Foundbite, said "IdeaMarket is a fantastic way for entrepreneurs and startups from all over the world to tackle problems and find funding for ideas from experienced investors who they'd never normally encounter through existing networks."

Both IdeaMarket and Foundbite are proud to be working together and are looking forward to the opportunities that will emerge from their partnership. "My goal is to help entrepreneurs achieve their dreams by supporting them with the building blocks they need to make their business succeed. We are especially excited to do that with the first IdeaMarket company, Foundbite," said Bill Gross, co-founder and Chairman of IdeaMarket.


For additional information on Foundbite, please go to www.foundbite.co and for additional information on IdeaMarket, please go to www.ideamarket.com.

About IdeaMarket

IdeaMarket is a curated crowd-sourced marketplace to take problems in the world, and match ideas, talent, and money to create companies to solve them. The company was founded by Idealab and is based in San Francisco, California. Bill Gross is co-founder and Executive Chairman and VJ Anma is co-founder and CEO.

About Foundbite

Foundbite is an audio app that captures the authentic atmosphere of a place, event or experience in a uniquely innovative and immersive way. Through the combination of photos and sound, their app offers its users kaleidoscopic access to thousands of striking experiences from all around the earth. The company was founded by James Mundy and Alfie Woodland and is based in London, England.


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