Valentines Day 2019 came and went, just like VC cash for dating startups did a years that are few. Crunchbase News addressed this trend through the holiday, finding that apart from a few outliers, U.S. startups addressing the dating scene have actuallynвЂ™t drawn much money.
Those dwindling figures havenвЂ™t stopped all business owners from attempting to tackle the dating area, but, each using their own approach. Each with their own spin on the gaps they believe Tinder, Bumble, and the rest havenвЂ™t been able to fill in fact, Crunchbase News identified more than 40 companies in the вЂњdatingвЂќ category on Crunchbase that were founded in the past three years.
To appear beyond the venture figures, we swept up with a few founders to determine why theyвЂ™re tackling relationship and whatever they think they could include to the space that is crowded. We additionally talked to a market expert, CEO of niche dating app conglomerate Spark Networks Jeronimo Folgueira, to comprehend why venture is not expanding into the area, and challenges which will lie ahead for organizations seeking to cut in. (more…)