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Funding news: Posto7 raises nearly $1 million in convertible note offering

Posto7Posto7, an app that serves as a meeting place for friends and family to share their favorite bars, restaurants and hotels with each other, producing relevant and reliable recommendations, just raised $925K via convertible notes from NXTP Labs and other investors in New York City, San Francisco, Brazil and Miami, said co-founder Patrick Curley. Posto7, which moved to  Miami from New York City late last year, recently returned once again after  finishing the NXTP Labs’ accelerator program in Buenos Aires.

TechCocktail reported that Post07 will use the funding to build out the team, and is also  focusing on building  partnerships with key hospitality and travel brands. The company, which was named after a popular lifeguard station in Rio, has  already signed partnerships with UberBooking.com and Oasis Collections.