# Dil Mil

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dil-mil

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.dilmil.co
- Total disclosed funding: $3.8M
- Latest round: Seed (Mar 31, 2016)
- Investors on record: 6

## About

Dil Mil, Inc. is a dating platform designed to connect singles seeking meaningful relationships, utilizing advanced algorithms to suggest compatible matches based on individual preferences and interests.Founded in 2014 in San Francisco, US, Dil Mil, Inc. operates as a dating service that emphasizes meaningful connections among users. KJ Dhaliwal and Novalena Nichele co-founded the company, which has evolved its business strategy to enhance user engagement through advanced matchmaking algorithms. The firm has successfully completed three deals, with its most recent funding round being a Seed round on November 25, 2019, where it raised USD 2.70 mn from investors including CSC Upshot Ventures, Maiden Lane, Nelstone Ventures, and Transmedia Capital. The total amount raised by Dil Mil to date is USD 2.70 mn.Dil Mil operates as a niche dating platform, primarily targeting singles seeking meaningful relationships. Utilizing an advanced algorithm, the service facilitates connections among users who share similar interests, enhancing the likelihood of compatibility. Users create detailed profiles, allowing them to express their preferences and personal stories, which the platform leverages to suggest potential matches. Key features of Dil Mil include various chat rooms that cater to different interests, enabling users to engage in authentic interactions. The platform predominantly serves a global audience, with success stories demonstrating that 70% of connections originated between individuals located far apart, emphasizing the service's reach beyond local boundaries.Dil Mil generates revenue primarily through a subscription model, offering tiered pricing plans that enhance user experience with additional features. The company provides a premium service called VIP Elite, which grants users unlimited likes, priority access to interested profiles, and advanced functionalities such as a rewind feature to revisit potential matches. Subscribers pay recurring fees for these enhanced services, facilitating direct transactions between the company and consumers. This structure positions Dil Mil as a direct-to-consumer platform, capitalizing on the growing demand for quality matchmaking in both domestic and international markets.Following its acquisition by Dating.com Group in November 2019, Dil Mil, Inc. aims to expand its product offerings with enhancements and new features aimed at improving user experience in the coming years. The company has plans to enter new geographic markets, specifically targeting regions in Europe and Asia by the end of 2023. The funding raised in its recent Seed round will support these initiatives, allowing the company to innovate its platform and widen its user base globally.

## Funding rounds

- Seed, Mar 31, 2016, $2.7M — Transmedia Capital, Maiden Lane, CSC Upshot Ventures, Nelstone Ventures
- Angel, May 15, 2015, $1.1M — 500 Global, Maiden Lane, One Planet Ops, Nelstone Ventures

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Angel
- Maiden Lane (https://capitalatlas.ai/funds/maiden-lane) — Angel, Seed
- One Planet Ops — Angel
- Nelstone Ventures (https://capitalatlas.ai/funds/nelstone-ventures) — Angel, Seed
- Transmedia Capital (https://capitalatlas.ai/funds/transmedia-capital) — Seed
- CSC Upshot Ventures (https://capitalatlas.ai/funds/csc-upshot-ventures) — Seed