Smartphone App-maker Gravy Raises $3 Million
TimeRazor, maker of a hyperlocal events app for smartphones, has raised $3 million. The company rebranded itself as Gravy earlier this month.
The Leesburg-based startup has previously raised $3.4 million, according to TechCrunch’s Crunchbase. The Washington Post said it has raised $6.4 million to date, adding that its main backer is Durham, N.C.-based Piedmont Investment Advisors.
Gravy was co-founded by the fivesome of Barry White, Carolyn Parent, Jeff White, Victoria Clark and Guy DeCorte. Jeff White serves as the company’s CEO.
Gravy is an app that can apparently suggest suitable events around your geographic area depending on your moods – ranging from brainy to classy and playtime. It covers events such as gallery openings, concerts etc.
The Post quoted Jeff White as saying Gravy has more than 1 million users to date.