Coffee Meets Bagel

 

Coffee Meets Bagel Summary

Coffee Meets Bagel is a female friendly dating service that strives to make dating efficient, effective, and painless for even the busiest singles. Women receive 5 quality matches of men who have already liked them a day, and men can view 21 matches a day. Users receive the matches (a match is called a “Bagel”) each day at noon, eliminating the need to sink hours into searching profiles and sending messages. Matches are selected from friends-of-friends on Facebook, a proven strategy for increasing compatibility odds and eliminating fake accounts. Best of all, Coffee Meets Bagel's full functionality is free for all users.

Regions: United States, Canada

Service Type: Android App, Female Friendly, iPhone / iPad App, Match Making, Mobile Phone

Looking For: Any

To find out what this service provides you can check out our complete list of CoffeeMeetsBagel.com features.

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New Study Finds Dating Apps Have More Access to Personal Information Than You Think

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Dating app users often don’t realize how much personal information they are giving away just by signing up. But Datingroo, a U.K.-based online dating research company, has released a new study that shows exactly how little privacy most dating app users have.

Datingroo studied the ten most popular dating apps from Tinder to PlentyofFish to eHarmony, examining 45 personal data access points in 13 categories such as precise location, other accounts on the device, network connections, and modification or deletion of the contents on USB storage, and found some surprising results.

Among all the apps, Badoo and PlentyofFish have access to the most data in user’s devices (92% of all access points studied). Combined, they have more than 522 million users worldwide, which means they have access to an enormous amount of information. Coffee Meets Bagel has the fewest users (7 million), as well as the least data access.

Coffee Meets Bagel Introduces ‘Unlimited Takes’ and ‘Priority Likes’

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Unlimited Takes and Priority Likes for CMB Subscribers

Coffee Meets Bagel launched in 2012 as a slower-paced alternative to the superficial, swiped-based apps that dominate the dating market. Now seven years into the business, co-founders and sisters Arum Kang, Dawoon Kang and Soo Kang are seeking new ways to differentiate and monetize their product.

2018 saw big changes and big victories come to Coffee Meets Bagel. After revamping its paid subscription services, the company raised $12 million in its series B and doubled its number of users. A premium monthly membership offers users activity reports about their matches (a “bagel,” in the app’s parlance), read receipts and 6,000 beans (the in-app currency) every month. At the time of its launch, Dawoon Kang told VentureBeat the membership was the company’s “first step toward a freemium subscription model.”

Why VCs Are Wary Of Swiping Right On Dating Startups

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Dating Service Startups

The dating industry remains a firm favorite for entrepreneurs who dream of founding the next breakout startup. But for many big-time investors, new dating platforms are risky ventures in a crowded market that may not be worth betting on. In honor of Valentine’s Day, Crunchbase News took a look at the relationship between startups, investors and the pursuit of finding a mate. Their status? It’s complicated.

Online dating has proved it can be an enormously profitable industry, yet despite producing impressive numbers, it often struggles to lure venture funding. “In 2018,” writes Joanna Glasner, “venture investors put $127 million globally into 27 startups categorized by Crunchbase as dating-focused. While that’s not chump change, it’s certainly tiny compared to the more than $300 billion in global venture investment across all sectors last year.”

Global venture investment in dating startups currently leans heavily toward companies based in China. Blued, a China-based dating app for gay men, received nearly 80 percent of dating-related capital in 2018. In 2017, Chinese mobile dating app Tantan received the bulk of dating investment. In 2014, Beijing-based matchmaking site Baihe raised a staggering $250 million.

Coffee Meets Bagel Users Get Hacked on Valentine’s Day

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Users of the popular dating app Coffee Meets Bagel woke up to a surprise on Valentine’s Day. Instead of looking at matches, they were greeted with a notice from the company saying some of their personal data had been hacked.

According to a report from CNN, the data breach occurred a few days before on February 11, but CMB executives were trying to assess the situation and the extent of the damage. In their notice, the company stated that an “unauthorized party gained access to a partial list of user details.”

Their email goes on to say: “The affected information only includes your name and email address prior to May 2018. As a reminder, we never store any financial information or passwords.”

Coffee Meets Bagel Co-Founder Dawoon Kang Hosts Reddit AMA

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Dawoon Kang hosts Reddit AMA
Dawoon Kang hosts Reddit AMA
Image: dawoonkang

What can users do to increase their success on a dating app? What advice do you have for someone who is trying to get a startup off the ground? Is the first Sunday of the year really the busiest day for online dating? Why made you turn down $30 million from Mark Cuban on Shark Tank?

When Dawoon Kang, co-founder and co-CEO of Coffee Meets Bagel, hosts a Reddit AMA, no question is off limits. The entrepreneur went live on r/IAmA on Tuesday 22nd January to answer users’ burning queries about getting noticed on a dating app, the ongoing battle against bots, starting a business, what the name ‘Coffee Meets Bagel’ means, and more.

Dawoon launched Coffee Meets Bagel with her sisters, Soo and Arum, in 2012. Since then, CMB has made over 50 million matches with a focus on meaningful connections and an algorithm that prioritizes quality over quantity. Though turning down a multi-million dollar offer from one of the world’s biggest investors may seem mad, the Kang sisters have proved they’re a family force to be reckoned with.

Coffee Meets Bagel Launches Redesigned Interface And Commenting Feature

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Coffee Meets Bagel redesigned Logo

In the increasingly crowded dating industry, the only way to stay relevant is to differentiate yourself from the competition. Coffee Meets Bagel initially set itself apart by focusing on quality over quantity, providing users a limited number of curated matches each day at noon. Last year the company introduced an ephemeral video feature and an ongoing series of real-world events called CMB Experiences.

Coffee Meets Bagel’s latest updates come in response to an extensive user study conducted earlier this year. The app’s interface now boasts a cleaner, more modern aesthetic and a new comment feature has been added to help members make more efficient use of their time.

Co-CEO and cofounder Dawoon Kang told VentureBeat in a phone interview that users in the study repeatedly expressed frustration at matching with someone in the app only to have their messages go unanswered or the conversation fizzle quickly.