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Summary:

Formspring.me, the fascinatingly simple and popular personal Q&A site, has raised $2.5 million from an impressive list of angel investors: The site, which launched exactly 113 days ago, had 50 million unique visitors in the last 30 days and more than 300 million questions answered.

Formspring.me, the fascinatingly simple and popular personal Q&A site, has raised $2.5 million from a top-shelf list of angel investors: Baseline Ventures, Freestyle Capital, SV Angels, Maples Investments, Chris Sacca, Dave Morin and Kevin Rose. The site, which launched exactly 113 days ago, as Formspring.me President John Wechsler tells us, has had 50 million unique visitors in the last 30 days and facilitated the answering of more than 300 million total questions.

Formspring.me was spun out of FormSpring.com (which is now rebranding itself as FormStack to avoid confusion) last fall, after the Indianapolis-based company noticed 30,000 people had signed up for its free accounts in order to invite people to ask them questions. “We set out to give these users a product that would do what they were already doing, but make it simpler to do it,” said Wechsler, who along with the company’s four other employees is moving out to San Francisco to pursue the startup. (“The moving trucks are literally in town now.”)

The Formspring.me product is still quite simple, enabling users to create a page inviting people to ask them anything, even anonymously. Wechsler said the company’s first priority is keeping up with infrastructure demands; it currently has some 200 quad-core servers and is adding more all the time.

Wechsler described Formspring’s value proposition as such: “We’re bringing conversation to the social web. Instead of putting the onus on you to think of something to say, our platform really lends itself well to a conversation.”

Next up on the company’s product road map, as soon as it gets its infrastructure under control: an API, a mobile app, an Adobe AIR app and a web-based app, said Wechsler.

By Liz Gannes
  1. Decent product, I wa slooking at it until I found something infinitely better, check out:

    http://answers.timothysykes.com

    No comparison IMHO but obviously every sector needs a Friendster :)

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  2. I had no idea it was so popular. Great news for the folks working on it.

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  3. This sort of investment is the modern day equivalent of convincing people to purchase the Brookyln Bridge.

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  4. [...] Soeben berichtete GigaOm, dass formspring.me von diversen Business Angels eine Kapitalspritze  in Höhe von 2,5 Millionen Dollar erhalten hat – und gibt damit die finale Antwort auf meine im Dezember gestellte Frage: [...]

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  5. [...] Dieser Dienst wurde via Twitter und Facebook gerade in Deutschland sehr schnell gehyped ist aber seit spätestens Ende Januar für viele schon ein alter Hut. In den USA taucht das Phänomen erst jetzt langsam auf und zieht durch diverse Blogs. Mehr dazu hier. [...]

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  6. [...] tersebut sukses dibungkam dengan makin populernya layanan FormSpring.me ini. Terbukti dengan dikucurkannya dana USD$ 2.2 juta, investasi dari angel investor untuk FormSpring.me. Angel investornya pun bisa [...]

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  7. [...] Formspring.me Raises $2.5M for Booming Site Formspring.me, the fascinatingly simple and popular personal Q&A site, has raised $2.5 million from a top-shelf list of angel investors: Baseline Ventures, Freestyle Capital, SV Angels, Maples Investments, Chris Sacca, Dave Morin and Kevin Rose. The site, which launched exactly 113 days ago, as Formspring.me President John Wechsler tells us, has had 50 million unique visitors in the last 30 days and facilitated the answering of more than 300 million total questions. GigaOm [...]

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  8. Similar to http://www.rexpon.com developed in Latin America

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  9. I completely missed this gem, its growth rate resembles chatroulette. Deadly simple, deadly social. I see some celebrity level, C level users spend so much time on it, it’s unreal. Hats off to formspring team to pull this one off!

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    1. You are right about the deadly part Grant. Most of the users are 12-14 year old kids that use this site to spew hate because they don’t have the social skills to effectively communicate with their peers. All it takes is one kid that can’t cope and it’s suddenly every parent’s worst nightmare. A real gem, are you for real? Facebook- amazing, this p.o.s website is a disaster waiting to happen

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      1. I missed your reply. Where did you get the stats from: 12 to 14 years old? I see plenty of founders, journalists, investors, or normal 20 something who want a fan base. Are you on drugs?

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  10. Contributes to cyber-bullying… just waiting to see the lawsuits when some poor adolescent with low self-esteem feels humiliated and ends their life. There is absolutely NO inherent value in a site like this. A chance to comment anonymously… sure, but who ever says anything positive when they are sure that their identity won’t be disclosed. Really.. who are you kidding????

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    1. it already has, i tried postin a link from daily news , it didnt work, but go into daily news , beautiful girl in my neighborhood, all the kids are in turmoil, tryin to ban formspring, even they dont want it, its so crazy, we as parents have enough to worry about with peer pressure, but to bring them to suicide..help them God with sites like this to throw them into the fire, shame on you John Weschler, President of this denomic site you have goin on for these kids, put your kids on that, see the abuse they will get…Ban Formspring.me

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