# Qeep

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

- Industry: Internet
- Headquarters: Cologne, Germany
- Website: www.qeep.net
- Latest round: Series B (Dec 16, 2010)
- Investors on record: 3

## About

Qeep is a social networking platform that connects individuals seeking to meet new people nearby. The application focuses on user engagement through innovative matchmaking features, fostering both friendships and romantic relationships.Founded in 2006, Qeep operates from Cologne, Germany, offering its services globally. The company has undergone strategic pivots to enhance its platform, with a focus on user engagement. Notably, Bertelsmann Digital Media Investments previously held an interest in Qeep and has since sold its investment. The company has completed a total of 3 funding deals to date.Qeep provides a social networking platform designed for individuals looking to interact with new people in their vicinity. The app's core functionality includes user matchmaking, allowing members to discover and connect based on shared interests. With over 35 million registered users, Qeep has a strong presence in Europe, Latin America, and parts of Asia, focusing on facilitating friendships and romantic relationships.Qeep's revenue model relies on user engagement and in-app transactions. While specific pricing plans are not disclosed, users have access to the platform for free, with optional premium features available to enhance their experience. These premium offerings may include advanced matchmaking and communication tools, contributing to direct-to-consumer transactions that enhance user interaction.Qeep is actively exploring opportunities for future growth, including the development of new features and enhancements to its platform to further improve user experience. The company aims to expand its reach into additional markets within Europe and Asia by the end of 2024, leveraging recent funding to support these initiatives. The capital raised will be allocated toward product development and market penetration efforts.

## Funding rounds

- Series B, Dec 16, 2010 — KfW Banking Group, XAnge, Bertelsmann Digital Media Investments
- Series A, Jun 5, 2007 — Bertelsmann Digital Media Investments

## Investors

- Bertelsmann Digital Media Investments (https://capitalatlas.ai/funds/bertelsmann-digital-media-investments) — Series A, Series B
- KfW Banking Group — Series B
- XAnge (https://capitalatlas.ai/funds/xange) — Series B