{"id":36540,"date":"2023-10-20T14:44:42","date_gmt":"2023-10-20T14:44:42","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/aussie-start-up-tapestry-acquires-us-social-networking-firm-connectaround-startupsmart\/"},"modified":"2023-10-20T14:44:42","modified_gmt":"2023-10-20T14:44:42","slug":"aussie-start-up-tapestry-acquires-us-social-networking-firm-connectaround-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/aussie-start-up-tapestry-acquires-us-social-networking-firm-connectaround-startupsmart\/","title":{"rendered":"Aussie start-up Tapestry acquires US social networking firm ConnectAround – StartupSmart"},"content":{"rendered":"
An Australian start-up whose app helps seniors stay connected with friends and family has acquired a US social network to boost its expansion in the US.<\/p>\n
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Tapestry founder and chief executive Andrew Dowling told StartupSmart<\/i> that the team behind ConnectAround Inc., a social network designed for residents of active living retirement communities, would be a \u201cfantastic asset\u201d for Tapestry.<\/p>\n
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\u201cThe acquisition was a really good fit,\u201d Dowling says, adding that ConnectAround\u2019s customers were the same people Tapestry was seeking to reach.<\/p>\n
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He says as Tapestry has grown and evolved, the company has realised the opportunity in the aged care and retirement living spaces.<\/p>\n
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\u201cThe US is overwhelmingly the most attractive and forward looking market in this area,\u201d he says.<\/p>\n
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