INC42 – Social media startup Hood, known for its anonymous networking app and a $3.2M funding round backed by top investors, has rebranded itself for the second time – now as Knot.dating. The company gained fame on Shark Tank India Season 2. Knot.dating is an invite-only, AI-powered matrimonial platform targeting India’s top 1% earners from elite institutions like IITs, IIMs, and MIT. It promises human matchmakers, private profiles, and a focus on serious relationships among working professionals.
Category: All Investment Raises
Mattr Nears £150K Fundraising Goal on Crowdcube
OPW – Mattr, a dating app focused on creating a safer and more inclusive experience, is currently raising funds on Crowdcube, with £121,286 secured from 72 investors towards its £150,000 target. The company has previously raised over £400,000 from angel investors and ADA Ventures. The funds from this round will go toward marketing and platform development as Mattr works to grow its user base and introduce monetization.
KRUSH, a Global Dating App for Asians, Secures Seed Funding to Expand
KOREATECHDESK – Korean company Curelation, operator of the KRUSH app, has received seed funding from Mashup Ventures to drive growth and international expansion. While the investment amount remains undisclosed, KRUSH plans to broaden its reach to countries like Canada, the UK, and Australia. Operating in major U.S. cities like New York and LA, KRUSH offers features tailored to Asian users, including facial recognition matching, interest-based recommendations, and offline gatherings.
by Dae-Jung Park
See full article at KoreaTechDesk
Zee Media to Invest in Dating App Flutrr
YOUR STORY – Indian media company Zee Media is investing Rs 3.75 crore (~$450K) in Flutrr, a vernacular dating app, through its subsidiary Zee Akaash News, with the deal expected to close by the end of 2024. Flutrr, backed by investors such as the Times of India and The Chennai Angels, doubled its revenue in FY24 to Rs 2.5 crore ($300K) from Rs 0.99 crore ($120K) in FY23. The app, founded in 2021, uses a pay-per-use model and is approaching 1M downloads. It expects to achieve operational breakeven by the end of 2024.
by Akshita Toshniwal
See full article at Your Story
This post also appears on InternetDatingInvestments.com
FITFCK Exceeds Crowdcube Target, Raising Over £173K in One Month
OPW – FITFCK, a fitness-focused dating app, has surpassed its fundraising target on Crowdcube, raising £173K from 62 investors, 115% of its initial £150,000 goal, all within just one month. This is part of a larger funding round in which the company had already secured £154,500 prior to launching on Crowdcube. The funds will primarily go towards marketing and technology enhancements as the fitness-focused dating app continues to grow its exclusive community for fitness enthusiasts. Seven days remain for additional investments.
This post also appears on InternetDatingInvestments.com
New Indian Dating App Juleo Raises $2.5M With Focus on Privacy and AI
YOUR STORY – Juleo, a Delhi-based dating app founded in 2023, focuses on AI-driven matchmaking and strict ID verification to ensure safe, real-life connections. The app recently secured $2.5M in angel funding from notable tech entrepreneurs. Juleo prioritizes privacy, especially for women, with profiles set to private by default. It has ~50K downloads and offers premium membership services. Currently available for heterosexual matches, Juleo plans to introduce LGBTQA+ options soon.
Schmooze, an India-based AI-powered Dating App, Raises $4M
by Krithika K L
See full article at INC42
This post also appears on InternetDatingInvestments.com
AI-Driven YouMatch App Raises $1.5M
See full article at Globe Newswire
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Spoony, a Startup for Neurodivergent People, Secures Funding
LINKEDIN – Global VC firm Antler has invested in Spoony, a community platform designed for neurodivergent, chronically ill, and disabled individuals. Spoony plans to leverage this support to accelerate product development and expand its global presence. With a major launch on iOS and Android approaching, the investment will also drive user acquisition, marketing, and strategic partnerships. Antler's Mike Abbott highlights Spoony's unique approach, blending social connection with health management, as well as its strong early engagement, with 30K users already on the waitlist.
This post also appears on InternetDatingInvestments.com
Dating App First Round’s On Me Raises $3M
AXIOS – The dating app First Round's On Me (FROME) has raised $3M in seed funding to expand its focus on in-person dating. Unlike traditional swipe-based apps, FROME requires users to suggest or plan a date when they match. Since its launch in 2020, the app has facilitated ~8K dates and 50 in-person events. Now preparing for a nationwide rollout, FROME aims to grow its user base through subscriptions, events, and a media network. The funding will be used for hiring, marketing, and expanding the app's functionality to include planning social events.
by Kerry Flynn
See full article at Axios
This post also appears on InternetDatingInvestments.com