Romanian startup Bible Chat closed a USD 14 million investment round, led by True Ventures, a venture capital fund from Silicon Valley, with the participation of Early Game and Play Ventures.
The app, launched by Laurentiu Balasa and Marius Iordache, has had enormous success, being the fastest-growing mobile app in Europe across all categories and the fastest-growing faith app in the world. Bible Chat has reached 10 million users and annualized revenues of USD 15 million in just one year since its launch.
Bible Chat ranks 13th among the most downloaded mobile apps in the App Store, alongside WhatsApp and Instagram. It is the first time in history that an app launched in Romania has achieved such a feat.
Early Game Ventures invested in 28 companies from the first fund between 2019 and 2023. Among them, the most famous are Druid, Bible Chat, MeetGeek, Kinderpedia, SymphoPay, and Ogre. In April 2024, the Early Game Fund II was launched with a total value of 60 million euros, which seeks the most innovative technological startups in Romania and CEE, which are at the beginning of their journey.