America’s #1 Dating that is asian App Meet East Closes $1 Million in Seed Funding from 500 Startups, East Ventures And More
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NY , Nov. 15, 2016 /PRNewswire/ — East Meet East, the application and internet 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 will likely be used to help expand develop the app that is mobile speed up the company’s development, especially into 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 (creator & CEO of Mercari, Inc. 2 ) as well as others.
Asian People in the us are the fastest minority that is growing in the US, which expanded 56% from 2000 to 2013 3 , and exceeded the 15 million mark in america . Globally, 60% of the world population lives in Asia , accounting for over 4.4 billion individuals 4 .
Created as a dating platform focused on serving the Asian populace in English-speaking nations, East Meet East distinguishes it self from other internet dating sites by providing features created specifically for the Asian dating culture. East Meet East’s proprietary features and algorithm integrate the findings from several years of research to handle the Asian community.
“East Meet East is targeted on the tradition and values that you can get within the community that is asian which we integrate into our algorithm and features,” claims Mariko Tokioka , CEO and co-founder. “as an example, we’ve a feature enabling a person in order to connect with another individual whom emigrated to the united states of america at around the age that is same” claims Mariko, who previously was C at Quipper, which was effectively offered to Recruit, Japanese conglomerate, for JPY4.8 billion ( US$43 million ).
East Meet East will use the funds to continue its outreach within the Asian community and further develop the application. Read more