
Snap has officially announced the acquisition of “Saturn,” a calendar app that helps students manage their school schedules and share them with others. The financial terms of the deal were not disclosed, while Saturn will continue to operate as a standalone app.
Snap revealed that the entire Saturn team is joining Snap as part of the acquisition, with just under 30 full-time employees coming on board.
According to a spokesperson, Snap hasn’t shared much about its plans for the acquisition and it will bring Saturn’s calendaring expertise into Snapchat in innovative ways.
What is Saturn?
Saturn reimagines the calendaring experience by bringing in a social element. The idea behind the startup is to allow high school and college students to connect with their classmates and see which classes their friends are in without having to share a bunch of pictures of different schedules.
Users can share their schedules with their friends to see what they’re up to in real-time and what they have coming up to make plans.
In addition to classes, users can share schedules for practices, rehearsals, meetings, games, and more.
Saturn supports features specific to many high school students' routines, like block schedules, rotation calendars and extracurricular activities.
According to Snap, Saturn is used by a large number of schools and 80% of US high schools have support for Saturn.
The two companies will work together to promote more real-world connections.
Earlier in 2021, Forbes reported that Saturn raised $44 million in a funding round led by General Catalyst, Insight Partners, and Coatue, with participation from Bezos Expeditions, Marc Benioff, Dara Khosrowshahi, and Ashton Kutcher and Guy Oseary’s Sound Ventures, among others.