Here’s the description on the company’s Angel.co page:
We are redefining how groups in a massive, passionate vertical market self-organize, communicate, and create content. We are focusing on one vertical initially, but the group characteristics apply to other markets as well. The product will be mobile and web.
On the same Angel.co page, Debra Somberg, a Managing Partner at The Alster Group who was formerly with Maveron, wrote this:
I believe there is a fascinating untapped opportunity in the loyal, engaged and invested sports audience, particularly at the junior level. In conjunction with the opportunity, this management team has the creativity, drive and experience to create a compelling product and business model to take advantage of it. I look forward to working with them to create something special for the marketplace.
We’ve reached out to Elemental Foundry to find out more, and will update as soon as we hear back.