TECH CRUNCH - Oct 20 - Squad, a New York base startup, is officially launching its iOS app today, it's also announcing a raise of $1.7M in seed funding. According to founder and CEO Adam Liebman, squad is designed to facilitate more casual group meetups. Dating and hookup is not its main goal. He said the idea came from a trip to Montreal, where he "hacked Tinder" by turning his profile into a group profile that allowed him and his friends to meet new people while traveling. The Squad app is free. Liebman said the current focus is on "creating a great product," but eventually, he plans to make money through ads.
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