Coffee Meets Bagel, the popular dating app, has reached a $100 million valuation, according to a recent report.
The company, founded in 2012 by sisters Dawoon, Soo, and Arum Kang, has become a popular dating app for young professionals. The app has gained traction by offering a more curated approach to online dating. Instead of presenting users with a seemingly endless list of potential matches, Coffee Meets Bagel curates a small selection of potential matches each day.
The app has seen a surge in users since its launch and now has more than 8 million users in the U.S., Canada, Australia, and the United Kingdom.
The company has raised $21 million in venture capital funding and has now reached a $100 million valuation. This is a major milestone for the company, as it is now one of the most successful dating apps in the world.
The company has also recently launched a new feature called “Discover,” which allows users to find potential matches in their area. This new feature has been well-received by users and has helped to further boost the app’s popularity.
It’s clear that Coffee Meets Bagel is on the rise and is quickly becoming one of the most popular dating apps around. With its new $100 million valuation and its innovative features, the company is poised to continue its success for years to come.