Category: All Investment Raises

Ohlala Dating App For Paid Dates Raised Funds To Launch In USA

Posted on February 4, 2016

Ohlala screenshotBUSTLE – Feb 3 – On a new app Ohlala, guys are paying women to go on dates with them. Male users create profiles and, once they've been verified, put out a date request specifying the time they want to meet and the price range of what they’re wiling to pay their date. Female users in the area are then informed about the offer and are given 21 minutes to respond. The app is based in Berlin, Germany but launching in USA with $1.7M seed funding.

by Emma McGowan
See full article at Bustle

This post also appears on InternetDatingInvestments.

Summarized by the Courtland Brooks team

Creator Of Netflix & Chill App Launches Kickstarter Campaign

Posted on January 31, 2016

Netflix&chill dating appPRROCKET – Jan 29 – The creator of the Netflix & Chill app that matches people based on their viewing preferences has launched a Kickstarter campaign to raise development funds.

The full article was originally published at PR Rocket, but is no longer available.

This post also appears on InternetDatingInvestments.

Summarized by the Courtland Brooks team

Matchmaking App Aisle Raises $183K

Posted on January 29, 2016

Aisle screenshotsVCCIRCLE – Jan 28 – Bangalore-based startup Aisle Network that runs matchmaking app Aisle, has raised Rs 1.25 crore ($183K) in its pre-Series A round. The company plans to primarily use the money for building team and partnerships.

by Arti Singh
See full article at VCCircle

This post also appears on InternetDatingInvestments.

Summarized by the Courtland Brooks team

Blume To Kill Catfishing With Ephemeral Selfies

Posted on January 19, 2016

Blume screenshotsTECHCRUNCH – Jan 16 – A real-time selfie will only be shown for 7 seconds, before disappearing – during which period the user must decide whether they really do want to match with the person in the photo or not. If both Blume users confirm the match they unlock each other's full profiles plus messaging function. Blume soft-launched in the U.S. in late November with 25K users and raised a small, pre-seed round ($250k) from three Danish Business Angels and early stage Danish VC firm SEED Capital.

by Natasha Lomas
See full article at TechCrunch

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Summarized by the Courtland Brooks team

Gay Dating App Grindr Gets $93M Investment From A Chinese Company

Posted on January 12, 2016

Grindr logo new dec 13LATIMES – Jan 12 – Gay dating app Grindr has handed majority ownership to Chinese gaming company Beijing Kunlun World Wide Technology for $93M valuing Grindr at $248M post-investment. Grindr had been exploring a sale or fundraising round for much of last year.

by Paresh Dave
See full article at LATimes

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This post also appears on InternetDatingInvestments.

Summarized by the Courtland Brooks team

“Double” Dating App Raised More Funds From Michael Birch

Posted on December 30, 2015

Double logoSCOTSMAN – Dec 28 – The trio behind Double secured a £75K investment from Moonpig entrepreneur Nick Jenkins on the BBC show and have now joined the Entrepreneurial Spark (ESpark) accelerator programme. They will be moving into ESpark's Edinburgh "hatchery". Along with Jenkins, the team has also secured investment from Michael Birch, founder of social network Bebo.

by Gareth Mackie
See full article at Scotsman

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Summarized by the Courtland Brooks team

“Double” Dating App Co-founders Said Yes To £75K For 15% Of Their Company

Posted on December 27, 2015

DragonsdenBBC – Dec 27 – Gary McDonagh, Loren Gould and Ben Greenock, co-founders of dating app Double, dressed in heart printed suits to pitch their group dating idea to investors in today's Dragon's Den episode. The location based dating app allows two friends to search for other pairs to arrange a double date. The trio was looking for £75K investment in return for a 10% stake in the business. They accepted £75K for a 15% stake in the business from Nick Jenkins. Congrats!

by Emma Powell
See full article at Evening Standard

See all posts on Double

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Summarized by the Courtland Brooks team

Indian Matchmaking App Dil Mil Raises Funding From Saavn Founder

Posted on December 18, 2015

Dilmil screenshotVCCIRCLE – Dec 17 – Dil Mil, a matchmaking app for South Asian expatriates, has raised an undisclosed amount in funding from one of the founders of US-based music streaming app Saavn. Dil Mil had previously raised ~$1M in seed funding from a group of angel investors including Will Bunker, founder of Match.com; Scott Banister, former PayPal board member; Naval Ravikant, founder of AngelList; Rich Nelson, former managing director for M&A at IAC.

by Binu Paul
See full article at VCCircle

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Summarized by the Courtland Brooks team

HeTexted – Crowdsourcing Love Advice

Posted on December 17, 2015

Hetexted screenshotCNBC – Dec 16 – HeTexted is pairing women with strangers who can answer their relationship questions. All advisors are required to sign a nondisclosure agreement. Users can leave comments and rate their advisors on how helpful they were. The start-up has raised $720K through 500 Startups and the New York Angels Entrepreneur Catalyst Fund.

by Heather Schnepf
See full article at CNBC

Summarized by the Courtland Brooks team

Stitch Is A Tinder For Seniors

Posted on November 23, 2015

Stitch logoCNBC – Nov 21- Stitch, a companionship app for adults over 50, has been on the market since July 2014. It allows seniors to connect not just romantically but also allows them to search for platonic companionship, travel partners or fellow eventgoers. The start-up behind the app raised $1M and has grown to 25K users.

by Ritika Shah
See full article at CNBC

See all posts on Stitch

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Summarized by the Courtland Brooks team