Internet Dating Investments

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

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Three Day Rule Acquired; Adam Cohen-Aslatei Appointed CEO to Lead Expansion

PRESS RELEASE - Three Day Rule Matchmaking has been acquired by a private investment group, appointing Adam Cohen-Aslatei as its new CEO. A dating industry veteran, Cohen-Aslatei previously founded and sold the dating app S'More and held leadership roles at Bumble and The Meet Group. Under his leadership, Three Day Rule plans to expand nationwide, launch coaching programs, and introduce an app to support singles in building lasting relationships. The company remains focused on personalized matchmaking and relationship wellness.

See full article at Globe Newswire

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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

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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.

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Dating App Filteroff Acquired by Spark Networks

LINKEDIN - Zach Schleien, now VP of Marketing at Spark Networks, has announced that Filteroff, the video-first dating app he co-founded, has been acquired by Spark Networks, home to platforms like JDate, Christian Mingle, and Elite Singles. Launched just before the pandemic, Filteroff offers a healthier, more genuine way for singles to connect via video, avoiding the usual swiping and texting culture. With millions of users globally embracing this approach, the acquisition marks an exciting new chapter for the app under Spark Networks' umbrella.

See full article at LinkedIn

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Queer Social App Lex Acquired by the Former Musical.ly CEO's Conglomerate

TECH CRUNCH - Lex, a social and dating app for the LGBTQ+ community, has been acquired by 9count, a mobile app conglomerate led by former Musical.ly CEO Alex Hofmann. Founded in 2019 by Kell Rakowski, Lex originated from a popular Instagram page and focuses on providing a safe space for LGBTQ+ users. The acquisition will allow Lex to roll out new features faster and enhance content moderation. 9count, known for apps like Wink, aims to build niche social networks for specific communities rather than large-scale platforms. The financial terms of the deal were not disclosed.

by Amanda Silberling
See full article at Tech Crunch

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Schmooze, an India-based AI-powered Dating App, Raises $4M

INC42 - Schmooze, a meme-based dating app from India, has raised $4M in a Series A funding round led by Elevation Capital. Founded in 2021, Schmooze matches users based on their meme preferences and sense of humor. The platform, which originally launched in the US before focusing on India, has attracted ~1M users in 10 months. The fresh capital will be used to enhance AI capabilities, scale user acquisition, expand content offerings, and target Tier II and III cities.

by Krithika K L
See full article at INC42

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AI-Driven YouMatch App Raises $1.5M

PRESS RELEASE - YouMatch, an AI-driven dating app within the Telegram ecosystem, secured $1.5M in seed funding led by IOI Capital, marking the first external investment for a Telegram app. Launched in early 2024, YouMatch uses AI facial recognition and psychological tools like the DISC model to offer personalized matchmaking based on compatibility and behavioral analysis. The app targets Gen Z, emphasizing mindful and deeper connections over traditional swiping. The funds will be used for expansion in Europe, the US, and MENA regions, as well as further product development.

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.

See full article at LinkedIn

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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

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