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In the chart below, we look at global venture investment in dating-focused startups over the past five years.
The latter is due to a handful of giant funding rounds for China-based startups. In 2018, for instance, nearly 80 percent of dating-related investment went to a single company, China-based Blued, a Grindr-style hookup app for gay men.
In 2017, the bulk of capital went to Chinese mobile dating app Tantan, and in 2014, Beijing-based matchmaking site Baihe raised a staggering $250 million. S., we are seeing an assortment of startups raising smaller rounds, but no big disclosed financings in the past three years.
In the chart below, we look at a few of the largest funding recipients.
Dating app outcomes Dating sites and apps have generated some solid exits in the past few years, as well as some less-stellar outcomes.
In 2018, for instance, venture investors put $127 million globally into 27 startups categorized by Crunchbase as dating-focused.