LA BUSINESS JOURNAL - First Round's On Me, a dating app that launched nationwide in late August 2024 with $5M in funding, differentiates itself by requiring users to schedule a date within 24 hours of matching. Founded by Joe Feminella and inspired by his own relationship, the app seeks to provide a more authentic dating experience.
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Dating App "First Round's On Me" Launches Nationwide
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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
This post also appears on InternetDatingInvestments.com
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Dating App FROME Is Launching in New York
PR NEWSWIRE - After a launch in LA, the new dating and social networking app First Round's On Me (FROME) returns to New York City, where the idea originated. The app, designed to ensure users meet in person, is hosting hosting pop-up events with partners throughout Manhattan in Oct. These events will build up to the official NYC launch party on Nov 4 at 214 Lafayette. After creating their profile, users select "Available Today" or "Available This Week". Once users see someone they're interested in, they send a date request with a specific date, time, and location. If the recipient accepts, it's a date. Six hours before the date, a chat is available, giving users time to break the ice before meeting in person but not too much time where they turn into pen pals. The app raised $1M seed round.
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Dating Apps Prosper in an Evolving Market
LA BUSINESS JOURNAL - Dating apps made $5.6B in revenue last year, with ~$3B being made by Match Group. Since the start of the pandemic, more people have turned to dating apps. In a publication titled "The Future of Dating is Fluid," Tinder pointed out that 2020 was an outstanding year. 60% of members came to Tinder because they felt lonely. 50% of Tinder's Gen Z users participated in a video chat, and 30% were playing online video games together. Those who tried virtual dating saw it as a low-pressure way to get a sense of someone and their personality. Hannah Shimko from the Online Dating Association said the pandemic made people more comfortable with being online. She added that new companies are trying to be innovative about bringing back in-person dating. One example is FROME, a dating app that encourages offline dates. When users sign on, they can choose "available today"or "available this week" to set up a date. When a user is interested in someone, they will send an invitation with a day, time and place. Once the other user confirms, they are locked to each other for the day and cannot connect with anyone else.
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