Category: All Investment Raises

Fuse App Introduces Collaborative Matchmaking With Friends and Family

Posted on August 14, 2024

Fuse logo
BIZWOMEN – Elodie Clowes and Amanda Karr have launched Fuse, a matchmaking app that integrates friends and family into the dating process. Unlike traditional dating apps, Fuse allows users' close ones to participate in selecting potential matches. After launching a beta version, Fuse is now officially available in Philadelphia and aims to expand to other cities. With $830K in pre-seed funding, led by Nathan McCauley, co-founder of Anchorage Digital, Fuse plans to raise a $3M seed round this fall.

by Ryan Mulligan
See full article at BizWomen

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Former Clubhouse Employees Launch “Why?!”, a New Social App to Combat Loneliness

Posted on August 8, 2024

Why App logo
TECH CRUNCH – Former Clubhouse employees Maya Watson and Lexi Nisita have launched why?!, a new social app combining messaging, networking, and dating features to address the "loneliness epidemic." The app, inspired by their professional experiences at Netflix and Clubhouse, aims to foster deep, trustworthy relationships through interactive elements like question card games and Facetime-like chats. Why?! recently secured $1.65M in pre-seed funding led by Precursor Ventures, with support from investors including Barclays Black Foundation and Clubhouse's CTO. Currently in private beta, the app plans to officially launch in the fall, with the team focused on expanding its engineering support as it grows.

by Dominic-Madori Davos
See full article at Tech Crunch

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Indian Dating App Juleo Raises $2.5M

Posted on August 6, 2024

Juleo icon
BW DISRUPT – Juleo, an exclusive club for singles, raised $2.5M in an angel funding round from 180+ prominent investors, including notable figures like Ramakant Sharma of Livspace and Kunal Shah of CRED. Inspired by traditional Indian matchmaking, Juleo aims to address online dating and matchmaking challenges in India by promoting responsible and genuine connections.

See full article at BW Disrupt

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Flutrr, Vernacular Dating App, Gains Momentum With Huma Qureshi as Investor

Posted on July 2, 2024

Flutrr logoYOUR STORY – Flutrr, founded in 2021 by Kaushik and Anirban Banerjee, is a vernacular dating app helping young Indians in Tier II and Tier III cities connect in their regional languages. Flutrr has raised ~$780K (Rs 6.5 crore) from investors, including Indian actress Huma Qureshi, Times of India, and The Chennai Angels. The app operates on a pay-per-use model, offering premium features through micro-transactions. The startup, which has ~400K active users and is nearing 1M downloads, generates a monthly revenue of $24K – $25K,160 (Rs 20-21 lakh). It aims to reach 5-6M users and achieve profitability by the end of 2024. The Indian online dating market is expected to reach $69M in 2024.

by Trisha Medhi
See full article at Your Story

See the top news on flutrr

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Pitch Deck Teardown: RAW Dating App’s $3M Angel Deck

Posted on June 3, 2024

RAW logoTECH CRUNCH – The RAW Dating App aims to shake up the dating scheme by shedding the fake, TikTok-ified, heavily filtered photos and replacing them with a more genuine, unvarnished experience. The app targets young professionals and students, particularly women aged 21 to 27, who seek genuine interactions. The company claims to have raised $3M, though this remains unverified. According to Tech Crunch, the app's pitch deck has notable issues, such as presenting solutions before problems and lacking clear market data, go-to-market strategy, and business model. The competitive analysis is weak, and some slides are poorly defined or titled. Despite these flaws, the solution slide is clear and well-articulated, highlighting the app's approach to solving dating app problems, but the overall presentation needs significant improvement.

See full article at Tech Crunch

See the top news on RAW

Keeper Seeks $5M Seed Investment to Scale Matchmaking Automation

Posted on May 22, 2024

Keeper logo
OPW – Keeper, an online matchmaking company, is seeking seed investors to raise $5M to scale its high-accuracy matchmaking automation. In recent months, Keeper has grown its user base by 4,500%, reaching approximately 1.2M signups, with a notable 1 in 5 first dates leading to marriage engagements. Keeper combines AI, expert matchmakers, and relationship psychology to help individuals find serious, long-term relationships. Previously, Keeper closed a $1.3M pre-seed round led by Champion Hill Ventures. For more information, contact Keeper's founder and CEO Jake Kozloski at jake@keeper.ai.

This post also appears on InternetDatingInvestments.com

UAE Matchmaking Company to Launch Seed Round to Raise $1.2-$1.5M

Posted on May 22, 2024

Maxion logoMYSTARTUPWORLD – Maxion, UAE's first matchmaking app, announced 93% month-on-month growth just 12 weeks after launch. In March 2024, Maxion raised $600K in pre-seed funding with a $5M valuation cap. With over 1600 applicants on the waitlist and adding 100 weekly, Maxion is launching a seed round to raise $1.2-$1.5M to support growth. Funds will secure market share in UAE, expand to two additional GCC markets, create an Indian connections portal, and localize for Muslim marriages. Founded by Christiana Maxion, the app focuses on compatibility and meaningful connections, offering a personal matchmaking concierge.

See full article at MyStartupWorld

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Playdate Seeks Next Round: £1.5m Investment

Posted on May 14, 2024

Playdate logoOPW – Playdate, for UK single parents, is raising a £1.5m Round to scale the business in UK and launch in US. PlayDate's previously raised £440k Pre-Seed funding from a social impact VC and 3 angel investors in Feb 2023. This year Playdate has built their team out including the former Bumble and Facebook Dating Product Manager, grown userbase 5x, won numerous awards, and made it onto the UK's Startups 100 2024 Index. Their mission is to make dating accessible and hassle-free for the 320m single parents across the globe. Contact the Founder, Nevine Coutry at nevine@gotoplaydate.com.

Mark Brooks: Is your company raising? Let us know. We like to run investment news and opportunities on Online Personals Watch and moreso on InternetDatingInvestments.com.

See the top news on Playdate

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Dating App Noii Opens Crowdinvesting Opportunity

Posted on April 16, 2024

Noii logoLINKEDIN – Noii is launching a crowdinvesting campaign, offering an opportunity to become a shareholder in this Swiss dating startup. Interested individuals can explore investment potential and register for an exclusive pre-sale with OOMNIUM AG.

See full article at LinkedIn

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Mattr.Social Seeks Investors to Complete Funding for Inclusive Dating Platform

Posted on April 12, 2024

Mattr SocialLINKEDIN – Mattr.Social is finalizing its fundraising drive, seeking the last 10% (£33k EIS) of their target. This dating platform, designed to be accessible for people with neurodiversity and mental health conditions, has seen significant growth since its Sep 2023 launch. Investors include Ada Ventures, Bumble, Feeld, Badoo, Bain & Company, Depop, Blend Group, Psychiatry-UK, and Monster Energy.

See full article at LinkedIn