Fizz Raises $12M in Series A Funding

Fizz, a San Francisco, CA-based provider of a social media platform for college students, raised $12M in Series A funding.

The round was led by NEA with participation from Lightspeed Venture Partners, Rocketship VC, Owl Ventures, Smash Ventures and New Horizon.

The company intends to use the funds to continue to scale its engineering and marketing teams and to reach its goal of expanding to 1,000 campuses by the end of 2023.

Founded by former students Teddy Solomon and Ashton Cofer at Stanford in 2021 and led by Rakesh Mathur, Fizz facilitates real conversations and the daily thoughts of college students who can express themselves in a moderated environment.

Just a few months after announcing $4.5M in Seed funding, Fizz continues to expand, doubling the number of schools in its network since September. New campus launches include Bethune Cookman, Howard, Vanderbilt, Hampton and Notre Dame.