Coffee Meets Bagel

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Coffee Meets Bagel
TypePrivate
IndustryOnline dating, Internet
FoundedApril 17, 2012; 9 years ago (2012-04-17)
Founders
  • Arum Kang
  • Dawoon Kang
  • Soo Kang
Key people
Websitecoffeemeetsbagel.com
Footnotes / references
[1]

Coffee Meets Bagel is a San Francisco–based dating and social networking service.[2]

History[]

Coffee Meets Bagel was created by three sisters: Arum, Dawoon, and Soo Kang.[3] Arum first had the idea for the app in 2011,[4] and the sisters launched the app in New York City on April 17, 2012.[5] Coffee Meets Bagel then launched in Boston on May 10, 2012 and in San Francisco on October 24, 2012.[6][7]

In September 2012, the company announced that it had raised seed funding of $600,000 led by Lightbank, with Match.com co-founder Peng T. Ong also investing.[8][9]

In January 2015, Coffee Meets Bagel was featured on Shark Tank, where the sisters sought a $500,000 investment in exchange for 5% of the company.[10] They turned down Mark Cuban's offer to buy them for $30 million and did not reach an agreement with anyone.[2]

In February 2015, the company announced a $7.8 million Series A financing round led by existing investor DCM Ventures.[11]

In May 2018, the company raised $12 million in Series B funding led by Atami Capital.[12]

User personal data breach[]

In February 2019, Coffee Meets Bagel acknowledged that an attacker had stolen "a partial list of user details, specifically names and email addresses", between late 2017 and mid-2018. Outside reporting indicated that as many as 6,174,513 accounts may have been affected, and that other details including age and gender may have been taken as well.[13]

Features[]

Features of the Coffee Meets Bagel app include limiting the number of profiles users can interact with each day and offering ice-breaker information for matches.[14][15] In 2020, Coffee Meets Bagel added video virtual speed dating in response to the COVID-19 pandemic.[16]

See also[]

  • Comparison of online dating websites

References[]

  1. ^ Meyer, Anna (19 October 2018). "If You're an Entrepreneur, Dating Is Really, Really Hard. But It Doesn't Have to Be". Inc. Retrieved 22 June 2019.
  2. ^ a b "Where Coffee Meets Bagel, the Dating App Startup That Turned Down $30M 'Shark Tank' Offer, Is Today". ABC News. Retrieved 2021-10-13.
  3. ^ Walravens, Samantha (13 February 2017). "How This Sister-Run Business Is Changing The Dating Game". Forbes. Retrieved 22 June 2019.
  4. ^ Locke, Taylor (2021-05-04). "Founder of multimillion-dollar dating app Coffee Meets Bagel: 'Being an immigrant had a huge impact on my identity'". CNBC. Retrieved 2021-10-13.
  5. ^ "Coffee Meets Bagel Turns Online Dating Into A Daily "Deal"". techcrunch.com. Retrieved 2014-10-31.
  6. ^ "Coffee Meets Bagel Launches in Boston: Finding Love One Day and Person at a Time". bostinno.streetwise.co. Retrieved 2014-10-31.
  7. ^ "Coffee Meets Bagel Looks For Young, Tech Savvy Love With Today's San Francisco Launch". forbes.com. Retrieved 2014-10-31.
  8. ^ Kolodny, Lora (26 September 2012). "Coffee Meets Bagel Seeded With $600K for Daily Deals-Inspired Dating". The Wall Street Journal. Retrieved 22 June 2019.
  9. ^ Etherington, Darrell (26 September 2012). "Daily Dating Site Coffee Meets Bagel Lands $600K From Lightbank, Match.com Co-Founder". TechCrunch. Retrieved 22 June 2019.
  10. ^ "What Happened To Coffee Meets Bagel After Shark Tank? 2021 | SEOAves". seoaves.com. Retrieved 2021-10-13.
  11. ^ Entis, Laura (18 February 205). "The Dating App That Refused Mark Cuban's $30 Million Buyout Offer Just Raised $7.8 Million in Funding". Entrepreneur. Retrieved 22 June 2019.
  12. ^ Marinova, Polina (31 May 2018). "Term Sheet -- Thursday, May 31". Fortune. Retrieved 22 June 2019.
  13. ^ Williams, Chris (11 February 2019). "620 million accounts stolen from 16 hacked websites now for sale on dark web, seller boasts". The Register. Retrieved 14 February 2019.
  14. ^ "How game theory improves dating apps". 1843. 2016-11-07. Retrieved 2017-04-19.
  15. ^ "Coffee Meets Bagel Review". Askmen. July 30, 2009.
  16. ^ Conklin, Audrey (2020-05-07). "Tinder adding video chat feature as coronavirus forces more online dating". FOXBusiness. Retrieved 2020-12-24.

External links[]


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