Hinge
Latest round
- Series A
Last raised
- Dec 2014
Total raised
- $16M
Investors
- 12
About Hinge
Hinge Inc. is a dating application that focuses on fostering meaningful relationships among users.Founded in 2011 in New York, Hinge Inc. is a dating platform designed to facilitate serious relationships. The company was acquired by Match Group, Inc. in February 2019 after initially securing a majority stake in June 2018. Justin McLeod, a co-founder of the company, has a history in the tech and dating sectors and has played a significant role in Hinge's development.Hinge is a dating application designed to facilitate meaningful connections among users, driven by a commitment to help individuals find love and build lasting relationships. The platform utilizes a Nobel-Prize-winning algorithm that prioritizes compatibility, enabling users to engage in insightful conversations and go on promising dates rather than remaining engaged with the app. Hinge incorporates interactive prompts that allow users to express themselves authentically, thus enhancing the likelihood of generating genuine connections. The service is tailored primarily for individuals seeking serious relationships rather than casual encounters, targeting a demographic that spans various age groups looking for long-term partnerships.Hinge generates revenue primarily through subscription-based services, offering users premium features designed to enhance their dating experience. The app operates on a freemium model, where users can access basic functionalities for free while premium tiers provide additional capabilities, such as advanced filters and unlimited likes. Standard pricing plans for subscription services typically include monthly, quarterly, and annual options, with higher engagement leading to increased conversion rates from free to paid users. Revenue is further bolstered through strategic partnerships and collaborations that may enhance the app's offerings and reach.Hinge Inc. plans to expand its services by developing new features aimed at enhancing user experience, although specific product launches or release dates have not been disclosed. The company intends to continue geographic expansion into additional markets, focusing on increasing its presence in Europe and Asia by the end of 2023.00 mn will be utilized to support these growth initiatives, including product development and market entry strategies following its acquisition by Match Group, Inc.
Who invested in Hinge
12 investors across 3 rounds
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Questions about Hinge
Who invested in Hinge?
Hinge has 12 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Hinge raised?
Hinge has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Hinge last raise money?
Hinge's most recent round on record is a Series A, in Dec 2014.
What does Hinge do?
Hinge is a internet company.
Where is Hinge headquartered?
Hinge is headquartered in New York, US.
Which VCs invest in companies like Hinge?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Hinge's stage. Their profiles are linked below.
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