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Category: All Investment Raises

Match Group to Invest in Indian Matrimonial Site Shaadi

Posted on February 23, 2023

Shaadi logo for social mediaECONOMIC TIMES – Match Group is in advanced discussions with Shaadi.com for a strategic investment in the Indian company. The exact financial terms and arrangement are yet to be ascertained. Shaadi.com founder Anupam Mittal didn't respond to queries. Match Group said that it does not comment on speculation. In an interview to a business daily in Sep last year, Mittal had said the company was planning to go public in the next fiscal year. Mittal is the founder and CEO of People Group, which runs the matchmaking site.

by Anumeha Chaturvedi
See full article at Economic Times

See the top news on Match Group
See the top news on Shaadi

This post also appears on InternetDatingInvestments.com

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Dating Brand for Gym-Enthusiasts, FITFCK, Attracts New Investors

Posted on January 31, 2023

FITFCK logoPRESS RELEASE – Jamie Wykes-Hobday, founder of the company, has been backed by an impressive support network in his mission to build a community for dating, relationships, casual meets, and friendships. In the past 12 months, the company welcomed OnlyFans founder Tim Stokely, who invested at a £3M valuation, followed by successful gaming YouTubers Sam Harry ("Chaotic") and Martin Wood ("SXVXN"), who will support the brand as they enter the content-creator space. The brand now has 20+ investors within the network, all aged under 40.

See the top news on FITFCK

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Queer Spaces Raised $1M Through Crowdfunding

Posted on January 10, 2023

Queer SpacesQUEER SPACES – Four months after its incorporation, Queer Spaces, incubated and spun out of Hornet, has closed its crowdfunding campaign. ~100 investors invested $1M in the company to create safe digital spaces for queer people. Among Spaces' high-profile tech industry investors are individuals including Mark Suster (Upfront), Sean Rad (Tinder), Tim Howes (Netscape), Max Burger (APAX), Niklas Lindstrom (Skout, Meet Group, UnitQ) and Sam Altman (YC, OpenAI). The investment will go towards accelerating the app's growth, building an in-demand Android version by year’s end, and kicking off a marketing spend to follow the app's launch in March of this year.

See full article at Queer Spaces website

This post also appears on InternetDatingInvestments.com and Very Social Network

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Gaming YouTubers Invest in Dating App FITFCK

Posted on December 3, 2022

FITFCK logoBUSINESS CLOUD – FITFCK, a dating app for gym enthusiasts, has won backing from Sam Harry and Martin Wood, who go under the monikers Chaotic and SXVXN. The two gaming creators boast a combined following of ~3M subscribers and have amassed ~1B views on YouTube. FITFCK's YouTube channel launched in Nov and will soon boast content relating to dating, training and its journey as a fitness startup brand. OnlyFans founder Tim Stokely recently invested in the company at a valuation of ~£3M.

See full article at Business Cloud

See the top news on FITFCK

This post also appears on InternetDatingInvestments.com

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Dating App Breeze Raises €1.3M

Posted on November 30, 2022

Breeze SocialLINKEDIN – Breeze is a new dating app based in the Netherlands. The app, which encourages offline dates, has recently raised €1.3M. Breeze's users cannot chat but can immediately plan a date with their matches via the app.

See full article at LinkedIn

See the top news on Breeze

This post also appears on InternetDatingInvestments.com

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Dating App IRLY Raises $350K Pre-Seed Round

Posted on November 30, 2022

IRLY logoBUSINESS INSIDER – Investors include Chris Kaufman, the co-founder of the sneaker marketplace StockX, and Kevin Edwards, the CEO of the Canadian food-delivery service SkipTheDishes, along with several angel investors. The app, expected to launch early next year, aims to cater to Gen Z, with the possibility for users to video chat, play games, and send each other virtual gifts. The app has brought on the Internet star Cameron Dallas, who rose to fame in the early 2010s on the short-form video app Vine and now has ~25M Instagram followers. He previously co-founded a subscription platform called Fanfix. SuperOrdinary, a beauty accelerator, acquired Fanfix in July in an eight-figure deal.

by Marta Biino
See full article at Business Insider

This post also appears on InternetDatingInvestments.com

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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

See the top news on Dua.com
See the top news on Spotted

This post also appears on InternetDatingInvestments.com

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Australian Dating App Ziinkle Is Raising $2.2M

Posted on November 2, 2022

ZiinkleB&T – The $2.2M funding announcement follows Ziinkle's acceptance into the world-renowned Newchip Accelerator Program, where the tech startup was chosen out of over 1K applicants. Launched in March 2022, Ziinkle gets people meeting in real life by providing real-time information about which venues are buzzing with singles.

See full article at B&T

See the top news on Ziinkle

This post also appears on InternetDatingInvestments.com

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Urban Swan Raises $2M in Seed Funding

Posted on October 24, 2022

UrbanSwan logoSMART COMPANY – Urban Swan is a Gen Z dating startup based in Australia, that partners with Sydney and Melbourne vendors to provide users with unforgettable date experiences. Currently focused on Sydney, the cash injection will help fund its expansions to other major Australian cities in 2023. Urban Swan was founded in 2021. It taps into the 'experience economy' that has become increasingly popular with millennials and gen Z thanks to TikTok and Instagram.There has been a demand for interesting and fun experiences that go beyond bars and restaurants. Urban Swan cited some of its most popular dates include axe throwing, pottery classes and infrared saunas. According to Urban Swan, 72% of the customers are aged 18-35 and they're spending an average of $150 per experience.

by Tegan Jones
See full article at Smart Company

This post also appears on InternetDatingInvestments.com

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Interview With Jamie Wykes-Hobday, Founder of FITFCK

Posted on October 10, 2022

FITFCK Jamie Wykes-HobdayOPW INTERVIEW – Last week, the fitness dating app FITFCK announced an investment at $3M valuation from OnlyFans founder, Timothy Stokely. We have reached out to Jamie to learn more about his app and the investment.

What made you start FITFCK?
FITFCK was created when my girlfriend broke up with me just weeks before my first bodybuilding show due to my excessive training commitments and lifestyle. So you could say that the motivation comes from the fact that the founder is an actual case study of the problem we are looking to solve!

How is FITFCK better than other dating apps?
FITFCK offers a niche for gym lovers to connect through their common love for fitness, which they would not be able to do on mass market dating apps. We are also focused on building a multi level consumer brand, not just a dating app.

How did you meet the Founder of OnlyFans?
Through an Instagram DM!

What will you do with the money to grow FitFck?
We will be using the money to build our audience and complete our app build which is releasing in November.

How does the OnlyFans founder view the investment, FitFck and the dating space in general?
Here is his quote: !I am delighted to have had the opportunity to invest in FITFCK" says Timothy Stokely. "Having known Jamie for over 3 years now, his vision, drive and determination coupled with the brand concept is something that I fully believe in and I am looking forward to seeing it realise its global potential as a multi level consumer brand."

How are you planning on building your audience? i.e. influencers?
Social media marketing across a number of platforms, including influencers.

See the top news on FITFCK

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