A brand new dating application, which claims its have a look at dating from a lady’s viewpoint, is starting in Australia following its founders refused a $US30 million ($38.37 million) takeover by US businessman Mark Cuban.
Coffee matches Bagel is a dating that is free targeting young specialists, which claims to present users with one “quality match”, referred to as a “bagel”, every day.
Created by three sisters вЂ“ Arum, Dawoon and Soo Kang вЂ“ in 2012 in nyc, this has expanded since throughout the United States and launched in Hong Kong.
Coffee satisfies Bagel co-founder Dawoon Kang says the service’s engagement degree rivals Twitter’s. Supplied
” There are a few things we have a look at once we look for a town,” Dawoon Kang stated. “first of all we truly need a big population that is single specially involving the many years of 21 and 35, that is the sweet spot considering that the software works for young specialists.”
Ms Kang stated Sydney had a top populace of young singles and its own current people in america and Hong Kong had a lot more than 300,000 buddies in Sydney, which makes it a choice that is obvious.
“Dating is hyper regional. It doesn’t mean you will do well in the next,” she said if you do well in one city.
Customers sign into Coffee Meets Bagel employing their Facebook profile and you can add a few extra information regarding on their own and choice requirements for the future partner.
The software then works on the proprietary algorithm to fit people to the right buddy of a pal, according to their Facebook connections and facets such as for example what their age is, education and spiritual choice.
The siblings showed up in the United States truth show Shark Tank and rejected a takeover offer of $30 million from billionaire Cuban. They will have raised $11 million in capital up to now from a variety of investors, including Silicon Valley companies Quest Venture Partners and DCM Ventures. (more…)