# SpeedDate

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

- Industry: Internet
- Headquarters: San Mateo, US
- Website: www.speeddate.com
- Total disclosed funding: $8.6M
- Latest round: Series B (Aug 28, 2008)
- Investors on record: 1

## About

SpeedDate.com is an online dating platform that connects individuals seeking romantic relationships through an interactive interface, allowing users to create profiles, browse matches, and communicate effectively.Founded in 2007 and headquartered in San Mateo, US, SpeedDate.com provides a platform for individuals to find romantic partners. In February 2013, IAC acquired SpeedDate for undisclosed financial terms, marking a significant pivot in its business strategy. The company has engaged in 5 deals since its inception, the most recent being a VENTURE DEBT round in which it raised USD 3.00 mn, contributing to a total amount raised of USD 6.00 mn.SpeedDate.com operates primarily as an online dating platform that connects individuals seeking romantic relationships. The core offerings include a user-friendly interface for profile creation, browsing potential matches, and various messaging features. The platform caters to a diverse client base in North America and Europe, enhancing user engagement through features such as chat rooms and video dates to foster meaningful connections.SpeedDate.com generates revenue through a subscription-based model, offering users access to premium features for a monthly fee. This transactional structure fosters recurring revenue streams from individual subscribers and partnerships with local events or dating services. Specific pricing plans allow users to choose between basic and premium memberships, with features like unlimited messaging and profile boosts, while additional partnerships with event organizers provide further revenue opportunities.In anticipation of future growth, SpeedDate.com aims to enhance its platform with new features designed to improve user experience. The company is also considering expansion into new markets, particularly targeting regions in Europe and Asia by the end of 2023. The recent VENTURE DEBT funding will support these initiatives, facilitating the development of upcoming products and enhancing marketing efforts to penetrate these new markets.

## Funding rounds

- Series B, Aug 28, 2008, $6M — Menlo Ventures
- Series A, Jan 1, 2007, $2.6M — Menlo Ventures

## Investors

- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series A, Series B
