Toronto’s AppHero Raises $1.8 Million from Omers Ventures and More

Toronto-based AppHero is a startup building an intelligent social recommendation platform for mobile applications. The Canadian company just announced this morning that it has secured $1.8 million in seed financing.

Omers Ventures, which seems to be everywhere lately, lead the round alongside with Golden Venture Partners, Eniac Ventures, and top angels and seed funds. The aforementioned investors have already contributed $1.3 million, AppHero says, with an additional $500,000 “forthcoming from other sources.”

AppHero was founded on the principle that discovering the most relevant apps shouldn’t be time consuming and painful. It helps users by “personalizing the app discovery process, showing the best and most relevant apps and allowing them to seamlessly share these apps with their friends,” according to the startup. 

“Consumers have been paralyzed by the sheer volume of apps, and often miss out on the ones that are truly best for them,” said Jordan Satok, founder and CEO of AppHero. “We have focused on building an innovative recommendation platform with a simple user experience to match users with apps they will love. This new funding allows us to continue growing our team to make our social recommendation platform more intelligent and expand to other verticals.”     

“AppHero has a unique approach to helping consumers discover the apps that are the most relevant for them,” said Derek Smyth, Managing Director of OMERS Ventures. “Our job is to find the best and brightest companies at any stage of development that we believe have the opportunity to achieve significant success in their markets. We believe AppHero has that potential, and we’re excited to be working with the team at AppHero to shape the future of mobile discovery.”   

The company was founded in Toronto in 2011.