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Israeli Startup Bosco Raise $4m Backed by Singapore VC FengHe Fund

August 20, 2018

Bosco, an AI-powered parenting app that predicts and prevents threats to children, has raised $4 million in a Series A funding round co-led by Singapore-based venture capital firm FengHe Fund Management and London-based investment firm Arie Capital. 

 

Founded in 2015, the Israel-based Bosco said its app collects data from children’s mobile activity, location, and social networks to build a “unique behavioural profile” for each child. 

 

“Kids today receive hundreds of text messages and photos, each day. While most of the content is usually harmless, it’s that one inappropriate photo or message that could trouble kids or their friends. And parents need to know about it,” the firm said.

 

The app monitors a child’s smartphone activity, including interactions on social media, changes in online followers and friends, changes in the child’s daily routine, low battery, offensive message, inappropriate content, unknown caller, and even the child’s tone during phone calls. 

 

When it notices signs of distress based on its monitoring, the app immediately sends alerts to parents. 

 

“Our power artificial intelligence combines and analyzes the data, providing parents with smart and personal insights right when they matter most,” Bosco said on its website. 

 

In a statement, the company said it will use the proceeds from the latest funding round for research and development, marketing, and global expansion 

 

The app’s developer, Israeli entrepreneur Enon Landenberg said the app was named after St. John Bosco, the patron saint of children. Landenberg is the founder of sFBI, a venture builder that launches businesses around human-centered innovation. He was also co-founder and managing partner of E-Dologic, Israel’s first interactive advertising agency, which was founded in 1999. 

 

FengHe Group, the co-led investor in Bosco’s Series A funding round, has so far made six investments since 2014. Its portfolio includes Luxola, ViSenze, Shenzhen Rui Medical, DaoCloud, and RedDoorz. 

 

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