Axon Partners Group is a Spanish investment and consulting firm with a division of VC & PE which manages funds in Asia, Europe and Latin America.
Mi Media Manzana is one of the leading online dating platforms in Latin America, and is seeking to accelerate its growth and strengthen its operations.
Mi Media Manzana has been operating since 2014 and has since become the most downloaded mobile application on the Google Play Store in Latin America from the “Dating” category within the countries of Colombia, Chile, Peru and Mexico.
The average user on the platform is 35 years old and is looking for a long-term relationship. They apparently take an average of four to eight weeks to find a partner on the platform.
Mi Media Manzana will reportedly reach one million downloads in the Google Play Store this month.
With the new investment, the platform is also expecting to exceed the 500,000 active users per month by 2019.
Mr. Alfonso De León, CEO of Axon Partners Group, commented “The digital age is changing lifestyles and the way we do things, also reflecting in the way of meeting people and relating to them; Mi Media Manzana is part of a growing market and its team is one of the most experienced in the region, therefore we are delighted to join the project and help to turn it into a successful story”.
Pedro Neira, co-founder and CEO of Mi Media Manzana, added: “Axon Partner is one of the most important funds in the region and the fact that they have chosen us is an excellent sign. For funds of this level to see us with different eyes is great news for the Peruvian Startups ecosystem. Today, we have presence in 4 cities, with this investment, we seek to expand to more than 30 Spanish-speaking Latin America cities and Brazil.”
Concerning the sum of the investment, Neira told GDI: “The only thing we can comment is that this is one of the most significant transactions in the Peruvian startup ecosystem.”
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