TECH CRUNCH - July 26 - Muzmatch, a matchmaking app for Muslims, has just raised a $7M Series A. The app has now ~1.5M users, across 210 countries. The funding will help fuel growth in key international markets, is jointly led by US hedge fund Luxor Capital, and Silicon Valley accelerator Y Combinator - the latter having previously selected Muzmatch for its summer 2017 batch of startups. Last year the team also took in a $1.75M seed. The team has grown from four people seven months ago to 17 now. With the Series A the plan is to further expand headcount to almost 30. Muzmatch was already profitable two years ago.
by Natasha Lomas
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