Singapore VC FengHe Fund backs $4m Series A in parenting app Bosco

Bosco

Bosco, an AI-powered parenting app that predicts and prevents threats to children, has raised $4 million in a Series A funding round co-led by Singapore-based venture capital firm FengHe Fund Management and London-based investment firm Arie Capital.

Founded in 2015, the Israel-based Bosco said its app collects data from children’s mobile activity, location, and social networks to build a “unique behavioural profile” for each child.

“Kids today receive hundreds of text messages and photos, each day. While most of the content is usually harmless, it’s that one inappropriate photo or message that could trouble kids or their friends. And parents need to know about it,” the firm said.

The app monitors a child’s smartphone activity, including interactions on social media, changes in online followers and friends, changes in the child’s daily routine, low battery, offensive message, inappropriate content, unknown caller, and even the child’s tone during phone calls.

When it notices signs of distress based on its monitoring, the app immediately sends alerts to parents.

“Our power artificial intelligence combines and analyzes the data, providing parents with smart and personal insights right when they matter most,” Bosco said on its website.

In a statement, the company said it will use the proceeds from the latest funding round for research and development, marketing, and global expansion

The app’s developer, Israeli entrepreneur Enon Landenberg said the app was named after St. John Bosco, the patron saint of children.

Landenberg is the founder of sFBI, a venture builder that launches businesses around human-centered innovation. He was also co-founder and managing partner of E-Dologic, Israel’s first interactive advertising agency, which was founded in 1999.

FengHe Group, the co-led investor in Bosco’s Series A funding round, has so far made six investments since 2014. Its portfolio includes Luxola, ViSenze, Shenzhen Rui Medical, DaoCloud, and RedDoorz.

Also Read:

Alibaba-backed online parenting platform Babytree files for HK IPO

India: Flipkart puts $2m more in parenting social network site Tinystep

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.