The Acquisition of BeReal: CEO to Step Down

BeReal’s Acquisition by Voodoo Games: A New Chapter for the struggling Social Media Platform

In 2020, BeReal was launched and quickly gained popularity. However, the social media app struggled to maintain its growth and was facing limited runway. Recently, BeReal was acquired by Voodoo Games for 500 million euros. The co-founder and CEO, Alexis Barreyat, will be leaving the company after a transition period.

The French gaming company valued BeReal at 500 million euros, signaling a significant investment in the struggling social media platform. Business Insider first reported on BeReal’s search for a buyer as the app faced challenges in growing its user base and funding.

As part of the acquisition, Alexis Barreyat will depart from BeReal after helping with the transition to new ownership. This move marks a new chapter for BeReal and its future under Voodoo Games. If you have any tips or insights to share about the tech industry or this acquisition, you can contact Kali Hays at khays@businessinsider.com or on secure messaging app Signal at 949-280-0267. Remember to reach out using a non-work device for secure communication.

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