Milestones

Dating app Snack has announced it is looking for young Gen Z investors with the launch of its new Gen Z Syndicate on AngelList. 

According to Tech Crunch, this move opens funding to Gen Z community members, the app’s target audience. The company hopes to attract influencers, creatives, and young entrepreneurs to participate in the company’s $2 million ask alongside angel investors and other funding sources, giving them a stake in the app.

Snack is setting this up as a SAFE (small investment future equity), which means its offering is based on future growth, and the company is allocating a certain amount to create its own Gen Z syndicate.

Dating app Bumble exceeded analysts’ expectations when the company reported its first quarter earnings, with revenues and new subscriber numbers significantly higher than what was initially predicted.

Revenue for the dating company rose 43 percent from the same quarter in 2020 to $171 million, up from $79.1 million this time last year, beating expert estimates and even the company’s own predictions. According to Marketwatch, Bumble shared that the number of total paying users also rose significantly, up 30 percent to 2.8 million compared to 2.2 million from the first quarter of 2020. 

This past quarter was also good for Bumbles other dating brands like Badoo. Revenue for them increased year-over-year to $58.1 million.

China-based gay dating app Blued announced that it has obtained an Internet Hospital license to offer men’s health services to its users.

BlueCity, which owns Blued, created its own online health information platform He Health in 2019 to elevate awareness of HIV and its prevention among the app’s users. The health portal will now be rebranded as He Health Internet Hospital, and in addition to providing information and consultations, the online hospital will sell HIV diagnostic kits and work with local authorities to offer testing centers around China. 

Under the new license, doctors and medical professionals will also be able to offer advice and expertise to patients directly through the dating app’s platform. Instead of turning to third party apps for this kind of service, Blued users can feel safer and more confident talking directly with doctors over the dating app about sensitive issues like erectile dysfunction, HIV testing and prevention, and access to prescription medications, according to news website Pan Daily.

Dating app Grindr announced the premiere of its new comedy special called Gag Reflex, featuring a lineup of up-and-coming LGBTQ comedians, who share stories of dating and the queer experience.

The special originally aired as a livestream on April 1st on YouTube and the Grindr app, and is now available to watch anytime on YouTube. According to Variety, the featured comedians include Joel Kim Booster (NBC’s Sunnyside, Hulu’s Shrill), Sydnee Washington (Broad City), Jay Jurden (The Tonight Show), Jaye McBride and Zach Zimmerman.

Chispa, one of the most popular dating apps for Latinx daters, said its subscriber base has grown to over four million, a twenty-eight percent increase from this time last year, according to the company’s press release. This milestone was shared just before they announced their second piece of big news: a partnership with Tragos, a popular card game among Latinos. 

Tragos offers questions centered around Latinx culture, with some references in Spanish, like “Do you fear la chancla?” or "Ever get hit with '¿y el novio/ la novia?' at family gatherings?" The point is to spark conversation – opening the door to talk about upbringing or current social topics, and hopefully build connection.

Chispa will offer an in-app version of the game so its users can play with their matches, and hopefully forge connections.

Garbo is a non-profit provider of Background Checks

Tinder announced that it will offer background checks on potential dates, a new measure that parent company Match Group has taken to improve safety for users of the app. Currently no dating app conducts criminal background checks on users, so this is a huge step forward for safety advocates.

Match Group has partnered with Garbo, a non-profit that provides background checks, and plans to debut an in-app background check feature on Tinder later this year according to The Washington Post. There are no details yet on the cost of the service.

Tracey Breeden, Match’s new head of safety and social advocacy, said in an interview: “This gives [Tinder users] an opportunity and that comfort level. Maybe they want more information before they have a video chat, maybe they want more information before they meet in person.”