Coffees Touches Bagel Dating Software Co-Founder Discusses Are on aˆ?Shark Tankaˆ™

Coffees Touches Bagel Dating Software Co-Founder Discusses Are on aˆ?Shark Tankaˆ™

Interview by Lori Bizzoco. Authored by Lori Bizzoco and Emma Wells.

Looking exclusive strategy for finding appreciate in your smart phone? Really, one of the primary labels in dating and union programs is about to acquire some atmosphere times on tv today (with no, itaˆ™s not Tinder). Coffees suits Bagel co-founders and sisters, Dawoon, Arum, and Soo Kang, are maneuvering to ABCaˆ™s Shark container for your season premiere to get investment for an Android software development that founded 2 days ago to enhance their own expanding businesses.

What is the coffees Meets Bagel relationship and union application?

Coffees touches Bagel got begun by the Kang sisters in April 2012 in nyc. As smart, attractive, young, and active professionals who werenaˆ™t having much achievement with online dating, they planned to generate finding prefer much easier and enjoyable for singles by promoting an original relationship and relationship app. Based on their website, coffees Meets Bagel runs under three leading principles: Firstly, their internet dating lives needs to be because personal as you would like that it is; furthermore, encounter men and women through friends is safe and simple; and finally, it willnaˆ™t end up being frustrating, uneasy, or tricky to fulfill great potential couples.

Coffee suits Bagel sets it self aside from some other relationships and partnership applications by providing people with one prospective complement aˆ“ or aˆ?Bagelaˆ? aˆ“ daily at noon. Users then have 1 day to either aˆ?likeaˆ? or aˆ?passaˆ? on their complement. In the event that you select aˆ?likeaˆ? along with your match really does as well, you obtain linked via SMS information and certainly will schedule a night out together. Additionally, coffees touches Bagel only produces matches they locates during your fb buddy network. Probably this is the reason it is often very effective: they promise one million matches/introductions given that they launched!

Their unique Encounters on Shark Tank

Manager publisher Lori Bizzoco met with the possibility to see Dawoon many years back once again at ny introduction celebration, and she talked to their once more this week. She’dnaˆ™t reveal an excessive amount of information about what goes on on Shark Tank or around the companyaˆ™s consumer numbers. aˆ?We donaˆ™t give out the numbers,aˆ? she discloses. Well, thataˆ™s planning to make for an interesting portion this evening looking at Shark container traders are only concerned with the figures! When asked if weaˆ™ll find out more about this on show, she replies, aˆ?Youaˆ™ll have to hold off to check out!aˆ? Interestingly, Mashable stated that the siblings had been attacked of the sharks if you are coy about their users.

Itaˆ™s not that the siblings donaˆ™t understand idea on the program. Actually, Dawoon mentioned that they might be huge followers. However, she do inform us flingster they performednaˆ™t look for the opportunity to be on Shark Tank, outlining that ABC in fact contacted all of them immediately. aˆ?we never ever regarded as going on Shark Tank before because we’re a larger organization compared to the entrepreneurs they routinely have about program,aˆ? referring to this lady teamaˆ™s 11 person professionals in addition to their current money. The firm gotten their earliest rounded of capital in Sep 2012 for 600,000 cash from LightBank investment capital while the co-founder of fit, Peng T. Ong. They obtained one minute round of capital raising aˆ“ 2.8 million cash aˆ“ from an unknown resource in-may 2014. Speculation is the fact that this originated in among the sharks, but Dawoon confirms it wouldn’t. aˆ?The expense happened prior to the announcement was created and before Shark container,aˆ? she states.

But when the opportunity delivered by itself, they realized it absolutely was too-good to make lower. aˆ?We planning it could be remarkable to have among the sharks included since they are thus wise and seasoned,aˆ? she part. aˆ?So we decided to go for it. It actually was extremely nerve-racking, but it is an enjoyable experience!aˆ?

When questioned if there seemed to be a specific shark they might wish as a trader, she things to tag Cuban. aˆ?If I are to pick one shark [to jobs with], i might most likely love to posses him present because heaˆ™s simply thus tech savvy. The sharks have become clear-cut and razor-sharp, but I have found Mark becoming especially so. I will entirely see him incorporating countless appreciate to Coffee matches Bagel. Our company is really thrilled during the prospect of getting the sharks engaging though.aˆ?

Like any close reality tv series, there is always the possibility of some crisis. Weaˆ™ll just have to wait and see if Coffee Meets Bagel might be a match from the premiere bout of Shark Tank!

Tune in for Shark Tank tonight on ABC at 9/8c!

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