Category: All Acquisitions

Tawkify Acquires S’More

Posted on February 13, 2023

TawkifyTECH CRUNCH – Matchmaking service provider Tawkify has acquired S'More, an "anti-superficial" dating app that had experimented with blurred profile photos and blurred video chats in an attempt to get people to get to know one another without the focus on physical appearance. With the acquisition, S'More is sunsetting its app, and founder Adam Cohen Aslatei will instead join the Tawkify team to lead the launch of its first-ever mobile product. Deal terms were not disclosed, but S'More had raised $3.2M in seed funding, according to Crunchbase. Set to launch in mid-2023, Tawkify's new app will offer users access to its matchmaking service, new relationship wellness services, as well as "multimedia features, sharable and exclusive content," said Cohen Aslatei. As of the time of the acquisition, S'More claimed to have ~450K users.

by Lauren Forristal
See full article at Tech Crunch

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Kindred Acquihires Dating App Mango, Appoints Founder as CTO

Posted on February 3, 2023

Kindred logoBUSINESSWIRE – Kindred, a members-only home-swapping network, acquihired dating app Mango and its founder, Bryan Li. Li has joined Kindred as Chief Technology Officer. Founded in 2021, Mango built AI-powered matchmaking to connect users efficiently and effectively. The acquisition is poised to expand Kindred's matching capabilities for home swaps with the app's proprietary technology and Li's expertise.

See full article at Businesswire

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Dua.com Buys Spotted.de and Closes $4M Series A Round

Posted on November 3, 2022

Dua.com Spotted logosDUA.COM – Headquartered in Zurich, dua.com initiated its operations in late 2019. It started by reconnecting Albanians, its first globally fragmented community with a large diaspora. With an initially small team, dua.com joined numerous incubators in Europe and the U.S., namely the Harvard Innovation Labs, Uplift Europe, and Innovation Centre Kosovo. dua.com connects international migrants, expats, and diaspora communities. It has acquired the German dating app 'Spotted.de', and combined the platforms – dua.com and Spotted.de – have 5M registered users. The company completed Seed and Series A rounds, raising a total of $4.9M.

by Argjenda Selmani
See full article at Dua.com blog

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Dating App Clover Inks $157M SPAC Merger

Posted on September 22, 2022

Clover logoLAW360 – FoxWayne has entered into a definitive agreement to combine with dating app Clover for $157.45M in share consideration. Clover is a dating app aimed at Gen Z and millennials with live streaming and other social features. FoxWayne brings ~$13.7M in cash into the deal.

by Danielle Ferguson
See full article at Law360

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LuvHut Acquires Dive to Expand IRL Meetups

Posted on September 7, 2022

LuvHut DivePRESS RELEASE – LuvHut, a dating app founded in Boston, is acquiring Dive, an event-based platform for singles. The platform allows users to book dates directly in the app while helping partnered restaurants increase visibility and reservations from LuvHut users. To date, LuvHut has raised $460K and plans to use these funds to bolster its footprint across New England and Florida after the acquisition of Dive.

See the top news on LuvHut

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ICONY Is Acquiring DatingCafe.de

Posted on August 31, 2022

Icony DatingCafe logosOPW – Icony Ltd, a white-label dating provider for the German-speaking market, is acquiring its competitor DatingCafe.de. Dating Cafe's previous manager Marco Bollow will still support the team as a close consultant and Uwe Thomas, MD of ICONY, will take over the management. ICONY network operates ~230 dating platforms in Germany, Austria and Switzerland.

This post also appears on InternetDatingInvestments.com

Is Match Group Acquiring The League?

Posted on July 12, 2022

The league iconOPW – A little bird told us that Match Group is about to acquire The League, a dating app that connects high-achieving individuals with one another, using a selective admissions-based model. The League was launched in 2014 by Amanda Bradford. Watch this space for updates.

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Info Edge Acquires 76% Stake in Aisle for $12M

Posted on March 7, 2022

Aisle icon 2020ECONOMIC TIMES – IT company Info Edge, which owns platforms such as Naukri.com and Jeevansathi, has acquired a 76% stake in online dating company Aisle Network for Rs 91 crore ($12M). Aisle runs multiple dating platforms – Aisle, Anbe, Arike and HeyDil. Aisle had a turnover of Rs 7.56 crore ($980K) in 2020-21, the filing said.

See full article at Economic Times

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Bumble Acquires French Gen Z Dating App, Fruitz

Posted on February 7, 2022

Fruitz iconTECH CRUNCH – Bumble is adding the fast-growing French dating app Fruitz to its family of apps. Deal terms were not being disclosed. The quirky app Fruitz assigns a fruit to each particular kind of relationship type, ranging from those who want long-term commitments to those in search of one-night action. This allows users to filter out those who aren't on the same page as them. It also prompts users to answer questions that serve ice breakers before messaging their match. Fruitz was co-founded by Julian Kabab (CEO), Fabrice Bascoulergue (CTO), and Arnaud Ruols (CFO) and initially launched in France in Feb, 2017. To date, Fruitz has been downloaded 5.6M times globally across the App Store and Google Play, according to Sensor Tower. As of Feb. 3, 2022, the app was ranked No. 4 on the iPhone's top free charts in the "Lifestyle" category in its home market of France.

by Sarah Perez
See full article at Tech Crunch

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Info Edge to Acquire Dating Platform Aisle for INR 150 Cr ($20M)

Posted on January 25, 2022

Aisle logo 2020INC42 – Info Edge will be acquiring Aisle in two tranches with capital infusion of INR 75 Cr each ($10M). This will be Info Edge's first acquisition in 2022 after acquiring two HR tech startups DoSelect and Zwayam Digital in 2021. With Aisle's acquisition and already profitable Jeevansathi, Info Edge wants to double down on its matchmaking business. Founded in 2014 by Able Joseph, Aisle is an Indian dating app for people looking for a serious relationship. Aisle has acquired ~6.5M users. Aisle's total earning in FY19 was $466K, up 161% from FY18. Founded by Sanjeev Bikhchandani in 1995, Info Edge is the parent company of popular job classifieds platform – Naukri.com. The internet company also owns a matrimonial service – Jeevansathi, which was the only profitable business of Info Edge in the pandemic devastated Q1 of FY21 (April – June of 2020).

by Debarghya Sil
See full article at Inc42

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