Clover Raises Extra $2m To Expand On-Demand Dating App
Clover, the mobile on-demand dating service, has just announced an extra $2m in funding.
The dating company said this latest round of funding will be used to accelerate growth, by expanding the platform and adding to its team.
The investment is led by New York-based $20M+ venture fund Social Starts, alongside a group of private investors, and comes after a recent surge in users and revenue for the dating app.
Speaking about Clover, Mike Edelhart, Lead Partner at Social Starts said: “Mobile has changed the way people meet and Clover is going to be a leader in the mobile social introduction space.
“Isaac and his team have an invaluable amount of mobile experience, they’ve built a beautiful high quality product.”
The VC fund has previously invested in Pinterest, Elite Daily, Mashable and Mino Monsters.
Speaking about the app, Isaac Raichyk, CEO of Clover said: “Most dating services don’t do a good job of helping people meet in person.
“Our on-demand approach streamlines the entire dating process and puts meeting in the real world back into focus.”
Experienced tech entrepreneur Raichyk created Keek, a mobile video social network with 74m users, and has previously raised over $50m in pre-IPO equity funding.
As part of the financing, Tony Wonnacott and Michael Allen will join Clover’s board of directors.
This latest round of funding brings the total investment in Clover to $4m.
Clover also received the title of “Best New App” by Apple’s editors, which meant the app was prominently featured on the US and Canadian app stores.
It is currently available on the App Store for iPhone, iPad and Apple Watch.
For more about Clover, click here.