Public Notes by chase_ats Tagged #match_group
Notes publicly shared by our members.
App-based dating service Coffee Meets Bagel has raised roughly $7 million in Series B funding, per an SEC filing. The funding values the San Francisco-based startup at about $82 million, according to a PitchBook estimate. " --- So are they worth $89M post-value? "French startup Happn has raised about $66 million from Raine Ventures, DN Capital and more. Hinge, which many accused Facebook of copying to build out its new dating feature, has pulled in roughly $26 million and was most recently valued at an estimated $75.5 million. Clover has about $11 million in VC backing and The League has raised about $3 million." --- "The business of romantic relationships has proven to be a lucrative one. Match Group, which owns a portfolio of dating services including Tinder, beat analyst estimates with revenue of about $379 million in 4Q 2017, per Reuters. Tinder's success contributed to the better-than-expected figure. The app, which is valued at an estimated $3 billion, added 1.5 million paid subscribers in 2017 and now has some 3 million paying users, also per Reuters." #online_dating #funding #coffee_meets_bagel #mobile_apps #startups #dating_industry #match_group #revenue #money #tinder #pub