# DOWN App

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/down-app

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.downapp.com
- Total disclosed funding: $1M
- Latest round: Seed (Apr 29, 2013)
- Investors on record: 1

## About

DOWN App is a free dating and hookup platform that connects open-minded individuals seeking casual encounters and serious relationships through a user-friendly interface, promoting honest interactions between users.Founded in 2013 in San Francisco, US, DOWN App enables users to connect for romantic and casual relationships. Colin Hodge is the founder, and the company has engaged in 2 funding deals, with its most recent being a Seed round that raised USD 1.00 mn from Great Oaks Venture Capital. The app was acquired by Paktor Pte. Ltd. in January 2017.DOWN App specializes in providing a free dating and hookup platform designed to facilitate connections among open-minded individuals seeking both casual encounters and serious relationships. The app allows users to specify their intentions—whether for one-night stands or romantic dates—thereby fostering honest and transparent interactions. Key features include a Snap Match capability, which connects users globally for online interactions, as well as an Icebreaker feature that promotes engagement through games and conversation starters. The application serves a diverse clientele, including singles, couples interested in polyamory, and those seeking friends with benefits arrangements. DOWN App is available in multiple geographical markets, enabling users to explore connections with singles from various countries, making it a globally accessible solution for those seeking companionship.The revenue model for DOWN App primarily revolves around a freemium structure, where users can access basic features at no cost while having the option to upgrade for enhanced functionalities through paid subscriptions. Transactions typically occur directly between the app and its users, allowing for a seamless user experience where individuals can engage with the platform without intermediary involvement. Specific pricing plans for premium features may include access to exclusive functionalities that enhance user visibility or connection capabilities. The core offerings drive user engagement while generating revenue through subscription fees associated with these premium features. The DOWN App effectively capitalizes on a growing client base seeking to navigate the modern dating landscape, thereby establishing a sustainable revenue stream through direct-to-consumer interactions.Following its acquisition in January 2017, DOWN App is expected to leverage recent funding to enhance its platform and expand its offerings. The company is focusing on developing new features to improve user engagement and is exploring opportunities to enter additional international markets. The exact markets and timelines for this expansion have yet to be delineated, but it aligns with the aim to enhance user connectivity and experience on a global scale.

## Funding rounds

- Seed, Apr 29, 2013, $1M — Great Oaks Venture Capital

## Investors

- Great Oaks Venture Capital (https://capitalatlas.ai/funds/great-oaks-venture-capital) — Seed