SoftBank leads $170m funding in group messaging app IRL at $1.17b valuation

SoftBank leads $170m funding in group messaging app IRL at $1.17b valuation

Photographer: Nicky Loh/Bloomberg

Group messaging app IRL, short for in real life, on Tuesday said it raised $170 million in a funding round led by SoftBank Group Corp’s Vision Fund 2 that valued the company at $1.17 billion.

The San Francisco-based startup’s messaging platform works like WhatsApp to create private group chats but also allows for public groups to form, said IRL CEO Abraham Shafi.

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