Both cities now share investment activity from Dave McClure.
Berlin-based Versus IO was Dave McClure’s first investment in a German startup. McClure invested $100,000 in December 2012 and now Versus IO has closed its first round of $2.8 million led by Earlybird Venture Capital, as well as follow in investment from McClure.
Versus IO is a comparison engine. All the information and noise on the web can make it difficult to draw conclusions from data and make intelligent purchasing decisions. Versus IO addresses this challenge using natural language processing to generate point-by-point comparisons. Users enter two things they want to compare, such as electronic products, cities, or services, and the system culls information from around the web and presents them in a list of pros and cons.
Comparing the iPhone 5 to the Samsung Galaxy S4 shows that the Galaxy has almost twice as many pros as the iPhone, including more flexible charging capabilities and a camera with more megapixels and faster max shutter speed. If you pit Mumbai against Shanghai, you see that Mumbai has a higher average temperature and cheaper Big Macs, while Shanghai has public health care and significantly more museums and sport facilities.
When Versus IO first launched, it was solely a product comparison engine. 25 million companions are now available in 18 languages and the company said traffic has increased an average of 35% a month. This financing will support Versus IO’s expansion into other modes of comparison.