“We’ve loved getting to know all of you and seeing you build communities and make new friends. Unfortunately, we were not able to find our place in the market.”
In a public post on Imzy’s website today, CEO Dan McComas announced that Imzy will be shutting down, effective June 23:
We are sorry to say that after nearly two years of building Imzy, it is time for us to shut down the site.
Some of you have been here since our launch into beta and some are brand new. We’ve loved getting to know all of you and seeing you build communities and make new friends. Unfortunately, we were not able to find our place in the market. We still feel that the internet deserves better and hope that we see more teams take on this challenge in the future.
We profiled Imzy before their official launch last May, a platform dedicated to helping online communities grow in a healthy and sustainable way. At the time, Imzy had just raised $3 million from Charles River Ventures and O’Reilly AlphaTech Ventures — this would later be supplemented by a $8 million Series A round in October 2016 led by Index Ventures.
In response to today’s news, many Imzy users responded on the website with sadness and support:
Imzy was too pure for this internet. This is a sad day for a lot of good people.
Said another:
I’m so sorry, @Dan. Nobody can say that you and your team didn’t try to make this work. Thanks for everything you did.
And another:
It’s going to be a shame not having this site around anymore. I really appreciated having a place where I could go and feel like I could have a conversation with people instead of just sifting through memes and arguments. Even if things didn’t work out I just want to say thank you to the Imzy staff for trying. I hope things go better for you all in the future.
