America’s number 1 Dating that is asian App Meet East Closes $1 Million in Seed Funding from 500 Startups, East Ventures and much more
NY , Nov. 15, 2016 /PRNewswire/ — East Meet East, the software and site that matches Asian and Asian singles that are american the U.S. and beyond, has established a $1 million round of money. The financing is likely to be used to help expand develop the app that is mobile accelerate the business’s development, especially within the U.S., Canada , Australia , the U.K., and Hong Kong. The investors in this round include: 500 Startups, East Ventures, DeNA 1 , iSGS Investment Functions, Shintaro Yamada (founder & CEO of Mercari, Inc. 2 ) as well as others.
Asian Us citizens will be the quickest growing minority group in the usa, which expanded 56% from 2000 to 2013 3 , and surpassed the 15 million mark in america . Globally, 60% regarding the global world population everyday lives in Asia , accounting for over 4.4 billion individuals 4 .
Launched being a dating platform focused on serving the Asian population in English-speaking countries, East Meet East distinguishes it self off their internet dating sites by providing features specifically made for the Asian dating culture. East Meet East’s proprietary features and algorithm integrate the findings from many years of research to deal with the requirements of the Asian community.
“East Meet East targets the culture and values that you can get within the community that is asian which we include into our algorithm and features,” claims Mariko Tokioka , CEO and co-founder. “as an example, we’ve a function that enables a person in order to connect with another individual whom emigrated to the united states of america at round the age that is same” claims Mariko, whom formerly was COO at Quipper, that was effectively offered to Recruit, Japanese conglomerate, for JPY4.8 billion ( US$43 million ).
East Meet East will make use of the funds to keep its outreach in the community that is asian further develop the application. Among other items, ongoing collaborations with prominent Asian American and Asian Canadian YouTubers like the Fung Brothers, David therefore, Linda Dong, and Wong-Fu manufacturing’s ISATV, will play a part that is important these efforts. These YouTube movie movie stars are part models for Asian youth in English-speaking countries and so they can effortlessly convey the message to an incredible number of customers.
“East Meet East could be the extremely first dating platform that undoubtedly knows Asian US tradition and their requirements,” claims Edith Yeung , basic partner at 500 mobile phone Collective Fund. “Their individual base has grown sevenfold in 2015 alone, which will be a testament into the underlying demand. We anticipate viewing the business continue steadily to measure globally.”
1 worldwide frontrunner when you look at the mobile internet services, and also the operator that is largest of online flash belarusian ladies games in Japan .
2 Japan’s just start-up unicorn as regarding the launch date.
3 Source: United States Census and United States Community Survey.
4 World Population Leads: The 2015 Modification.
About East Meet East
East Meet East could be the premier Asian dating platform with all the aim of linking Asian and Asian US singles. Users can browse our unique user pool, take a look at our regular match that is one-to-one and deliver smiles and communications to kick-start their dating everyday lives.
