PR WEB - Jan 17 - Mobile dating app Clover has closed a $7M equity and convertible debenture financing. The round was led by Atlanta based Jackson Investment Group LLC, a private investment firm with ~$1.5 billion of assets under management. Clover is one of the highest rated, top-grossing dating apps in the U.S. The company will use the funds to expand the team, launch new features and accelerate user acquisition. Clover claims 4M mobile users; 80% are in the largest U.S. markets; 75% in the 18-34 age group. With features like on-demand dating and mixers, Clover uniquely focuses on shortening the time between first contact and a real live date.
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Summarized by the IDEA team
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