Invest in SPILL

If you are reading this, you most likely do not need an explanation as to what social media is.  What you may not know is how damaging legacy platforms have become due to the incessant and escalating maelstrom of hate speech and harassment that many of us endure everyday.

This is why we started SPILL.  During my time leading social media at Twitter, I was stunned by how normal it became to ingest racist, violent or nasty exchanges on a daily basis.  I learned that trying to address the problems at the legacy platform level was ineffective as once a platform’s “culture” is set, it is very difficult to change.   What is needed is a new model, with new incentives, that offers a fresh way to connect and stay informed.

While we've been successful in raising venture capital for SPILL, we are a community driven product and believe strongly that the community that helps us grow in the early stage should have the opportunity to benefit as well. Thus, as part of our most recent round of funding, we're proud to be launching our "Own The Conversation" Community Round here on WeFunder.

Thank you for checking us out, we're more confident than ever that SPILL is just beginning to scratch the surface of its potential today.

Thanks,

Phonz

Almost 40% of U.S. social media users have experienced some form of hate speech or harassment in the last 12 months

For the most active communities on social media, this number is even higher (nearly 50% Black/Asian, 65% Queer).

Experts estimate more than 30 million people will migrate from legacy social media platforms over the next 24 months 

Facebook lost 1M DAU in the U.S. and Canada for the first time from 2020 - 2022 while X lost 20% of their US DAU and 60% of their advertisers in 2023.  

SPILL is purpose-built to transform the way we stay informed and connected

The core product offers Culture (stay informed), Connection (meet new people) and Commerce (monetize your voice) through a single interface.

Spill’s team consists of top-tier technologists, creatives, and industry veterans with deep experience in social media, AI, and digital content. 

Previous experience includes Google, Meta, Pinterest, and Twitter

SPILL has raised over $6M from top early-stage VCs including MaC, Kapor, Collide, Greylock and Bessemer

Hit #1 in the Apple App Store within three weeks of launch, with over 500,000 downloads to date

Between Q3 and Q4 2024, signups increased by over 200% and January 2025 was the strongest signup month since launch

Secured repeat revenue deals with top brands resulting in a 300% increase in revenue YoY in 2025

Brand partners include Showtime, CBS, Paramount+, Sony Pictures, Amazon Prime Video and more

Named Apple’s App Of The Day, one of Fast Company’s Most Innovative Companies of 2024, and Inc Magazine’s Cover Story (Nov 2024)

Roadmap: Creator Monetization, Machine Learning, Group Enhancements

Our 1H focus for 2025 will be on core UI improvements and recommendations while the back half of the year will be focused on creator monetization tooling.

Use Of Funds 

The use of funds for this Community Round will be in the following areas:

• Product development (enhanced AI moderation, new social features)
• Team expansion (engineering, marketing, and community growth).
• Monetization scaling (ad sales team, premium feature development).

Investor FAQ:

For more information on the instruments being used this round and how to invest via WeFunder, please see the links below:

• WeFunder Investor FAQ
• SAFE Agreements FAQ (YC)