BeReal, a social media app that launched in 2020 and quickly gained popularity, struggled to maintain its growth and was facing limited runway. Recently, the startup app was acquired by Voodoo Games for 500 million euros. The co-founder and CEO, Alexis Barreyat, will be leaving the company after a transition period.
The acquisition of BeReal by Voodoo Games comes after the French gaming company valued the struggling social media platform at 500 million euros. This significant investment in BeReal signifies its potential for long-term success. Business Insider first reported on BeReal’s search for a buyer as the app faced challenges in growing its user base and funding.
As part of the acquisition, Alexis Barreyat will depart from BeReal after helping with the transition to new ownership. This move marks a new chapter for BeReal and its future under Voodoo Games. If you have any tips or insights to share about the tech industry or this acquisition, you can contact Kali Hays at khays@businessinsider.com or on secure messaging app Signal at 949-280-0267. Remember to reach out using a non-work device for secure communication.
