Once Dating

Founded in 2014 in Switzerland, Once Dating AG specializes in creating a dating platform that emphasizes genuine connections. The company was co-founded by Camila Magalhães and PJ Yan.00 mn, marking a significant transaction in its business evolution.' The core offering includes daily curated matches that incorporate users' personalities and music preferences, specifically through integrations with Spotify. This innovative approach aims to enhance the dating experience by focusing on shared interests, such as music playlists, which are used to foster deeper connections. Once targets a diverse demographic, serving users aged 18 and up, and its offerings are available in multiple global markets, including North America, Europe, and parts of Asia.Once generates revenue primarily through a subscription model, providing users with access to premium features that enhance their dating experience. This includes the ability to send messages, access additional matches, and unlock special functionalities within the app. The transactions are structured to facilitate direct-to-consumer interactions, allowing individuals to choose from various subscription plans tailored to different user needs. For example, users may opt for a monthly or yearly subscription, granting them access to exclusive features and a more personalized experience on the platform.00 mn investment to enhance its platform features and expand into new markets. The company aims to introduce new products that leverage user preferences for music and personality in matchmaking. Specific plans are underway to target expanding into emerging markets in Asia and Latin America by late 2023, positioning itself for growth in higher engagement regions.

1. Seed

   Jun 15, 2016

   Amount

   $5.6M

   Investors

   Locked

2. Seed

   Jul 9, 2015

   Amount

   $3.5M

   Investors

   Locked