# Mbrace

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mbrace

- Industry: Internet
- Headquarters: Berlin, Germany
- Website: www.getmbrace.com
- Total disclosed funding: $0.1M
- Latest round: Seed (Dec 19, 2013)
- Investors on record: 3

## About

Mbrace is an online matchmaking service that connects individuals seeking serious relationships, particularly focusing on Ukrainian women, with clients across North America and Western Europe.Mbrace specializes in partner matchmaking services, helping clients find serious relationships through a user-friendly online platform. Founded in Berlin, Germany, Mbrace has successfully raised funding in the SEED round on February 27, 2014, with a total amount raised of EUR 0.100 mn, led by SquareOne and supported by Astutia Ventures and VC Fonds Technologie Berlin. The company’s current valuation is EUR 0.394 mn.Mbrace provides a partner matchmaking service that connects individuals looking for serious relationships, particularly with Ukrainian women. Clients can explore profiles of potential matches, ensuring direct communication and authentic connections. The platform is designed to address geographical challenges in the matchmaking process, primarily serving users in North America and Western Europe.Mbrace's revenue model is based on membership subscriptions, offering various tiers that grant access to features such as unlimited messaging and contact information of potential matches. This approach ensures consistent revenue generation while promoting user engagement through subscription renewals.Mbrace aims to expand its market reach by launching new products aimed at enhancing user experience on its platform. The recent SEED funding round will be utilized to develop these offerings and target new geographic regions for expansion, particularly focusing on increasing its presence in both North American and Western European markets by 2015.

## Funding rounds

- Seed, Dec 19, 2013, $0.1M — Astutia, SquareOne, VC Fonds Technologie Berlin

## Investors

- Astutia (https://capitalatlas.ai/funds/astutia) — Seed
- SquareOne (https://capitalatlas.ai/funds/squareone) — Seed
- VC Fonds Technologie Berlin — Seed