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.

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.

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