Linkagoal Secures $1.25M in Series A Funding

Monday, 28 April 2014, 22:00 HKT/SGT

SAN FRANCISCO, CA, Apr 28, 2014 - (ACN Newswire) - Linkagoal, the first-ever 'Goal Oriented Social Network', announced today that it has raised $1.25M in Series A funding, led by Sh. Amr F M Zedan, CEO of the Saudi Zedan Group, with advisory services provided by Privity FZ LLE. With the funding, San Francisco-based Linkagoal will continue to advance its Goal Based Engine with a veteran software development team led by Founder and CEO Mohsin Shafique and a Sales and Marketing team led by Co-Founder and Deputy CEO Nasir Jamal.

With its rapidly growing user base and an approved patent by USPTO (Method of Goal Based Social Network - Patent No: 8694439), Linkagoal is an innovator in the goal-oriented social networking space. Linkagoal aims to build a global community of goal oriented, like-minded individuals, under its revolutionary social networking platform with a mission of identifying personal and professional objectives and accomplishing them, supported by other members of the community.

Linkagoal works on a simple yet powerful concept of Create, Link and Contribute. The Linkagoal application allows its users to write goals (Create), become globally linked on common goals and aspirations (Link) and contribute to each other's success (Contribute).

Mohsin Shafique, Linkagoal CEO and Founder says, "Your actions and your thoughts have to be going in the same direction. This needs concentration, greater planning and access to information of experiences with successful outcomes. This is a very exciting phase in social networking since it is still evolutionary, with a genuine need to add real-life value to its purpose. Linkagoal performs this function.

"Social networking has become an essential part of every individual's life around the world. Linkagoal aims to complement today's social networking by stepping ahead on just simply keeping people connected by providing more meaning and value to people's time spent online. Linkagoal closes a major gap in today's social networking space - "socializing with a purpose" while "achieving an objective". Simply put, Create, Link and Contribute - thats how Linkagoal was incepted."

"We mark today as great success on our new association with Sh. Amr F M Zedan, CEO of the Saudi Zedan Group. Amr brings lots of value mainly around his experience of past investments in other startups, including Jumio (with Facebook Co-founder Eduardo Saverin and Daniel Mattes), Snupps, qbeats, tagstr, Peter Thiel's Palantir, and Sevacall, to name a few," added Mohsin.

Nasir Jamal, Linkagoal Co-Founder and Deputy CEO Linkagoal, congratulated the Linkagoal team on developing a unique social networking tool that has attracted numerous users from across the globe. "Our vision is that the future is in our hands and shaping a productive present will ensure a successful future for generations to come.

"Linkagoal aims to provide direction and purpose to the social networking opportunity... to remind ourselves daily that time is the only actual asset we have and its value lies in conscious and planned use. Ease of use through apps for phones, palm tops, etc, as well as a dedicated team to manage the system will provide our clients and users motivation to define their aspirations in terms of long term and short term goals that can be monitored for success, correction and timely achievement.

"With our continued efforts, and expertise from Sh. Amr F M Zedan, our stake holders, users and investors will benefit from this positive social movement," says Nasir.

About Linkagoal

Linkagoal is a goal based social network, it promotes the habit of writing goals and helps to connect individuals based on similar goals and objectives in life. With this, either users can get easily engaged with people who can benefit them in achieving their goals or they can also get associated with other users who are in process of achieving the same kind of goals. Linkagoal is based on the belief that the lack of resources, guidance, experience, accountability, and encouragement hinder people from achieving their goals - so why not help them. After all, this whole universe is all about sharing ideas and making things easier for others - so is Linkagoal. For more information, please visit www.linkagoal.com.

About Zedan Group

Zedan Group is a wholly owned Saudi Arabian organization headquartered in Al Khobar with subsidiaries in Jeddah, Riyadh and London. Our Primary focus is to serve the growing requirements of infrastructural developments within the Kingdom of Saudi Arabia. At Zedan we are continually striving to realize prudent business opportunities within the Oil, Gas and Petrochemicals, Power and Water, Engineering Services and Construction sectors. The groups objectives are achieved through a network of Joint Venture Partnerships leveraging our local technical competencies and logistical support. For more information, please visit www.zedangroup.com.

About Privity FZ LLE

Privity FZ LLE was founded in 2004, an independent Dubai-based advisory firm that seeks entrepreneurs with interesting and unique ideas and helps them develop and grow. Privity is agnostic to geography and industry vertical. It focuses on the quality of the entrepreneur and the compelling value proposition of the idea. For more information, please visit www.privitylle.com or Bloomberg <381500Z UH>.

Contact:

Mohsin Shafique
Linkagoal
mohsin.shafique@linkagoal.com

Nasir Jamal
Linkagoal
nasir.jamal@linkagoal.com

Topic: Investment
Source: Linkagoal
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