Java Meets Bagel Relationships App Co-Founder Covers Are on aˆ?Shark Tankaˆ™

Java Meets Bagel Relationships App Co-Founder Covers Are on aˆ?Shark Tankaˆ™

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

Finding a distinctive way to find appreciate on your smart phone? Better, one of the primary names in dating and union software is just about to acquire some environment opportunity on tv today (with no, itaˆ™s maybe not Tinder). Coffee joins Bagel co-founders and siblings, Dawoon, Arum, and Soo Kang, are maneuvering to ABCaˆ™s Shark container the month premier to look for investment for an Android application development that established 2 days ago to enhance her growing company.

What is the Coffee touches Bagel relationship and union application?

Coffees suits Bagel was started by the Kang sisters in April 2012 in New York. As smart, appealing, youthful, and busy experts who werenaˆ™t having a lot achievement with internet dating, they desired to generate locating like simpler and enjoyable for singles by promoting an original matchmaking and union application. According to their site, Coffee suits Bagel works under three leading axioms: first of all, your internet dating lifestyle must be as private as you want it to be; next, satisfying someone through pals is secure and simple; last but not least, it shouldnaˆ™t feel hard, uncomfortable, or tricky to get to know great prospective lovers.

Coffees touches Bagel sets itself aside from various other matchmaking and union software by giving consumers with singular potential match aˆ“ or aˆ?Bagelaˆ? aˆ“ every day at noon. Users after that has twenty four hours to either aˆ?likeaˆ? or aˆ?passaˆ? to their match. Should you pick aˆ?likeaˆ? along with your complement does as well, you obtain connected via SMS information and will set up a romantic date. In addition, java Meets Bagel best produces suits they locates throughout your fb friend network. Probably this is why it was therefore successful: They claim a million matches/introductions since they launched!

Their particular Activities on Shark Tank

Manager Editor Lori Bizzoco had the possible opportunity to meet Dawoon a couple of years back in the nyc introduction celebration, and she spoke to the woman again recently. She’dnaˆ™t reveal too much details about what the results are on Shark Tank or about the firmaˆ™s user figures. aˆ?We donaˆ™t hand out our very own rates,aˆ? she discloses. Well, thataˆ™s planning to produce an appealing segment this evening thinking about Shark container buyers are only concerned with the data! When requested if weaˆ™ll discover more about this regarding the show, she replies, aˆ?Youaˆ™ll have to wait to discover!aˆ? Interestingly, Mashable reported that the siblings happened to be assaulted of the sharks if you are coy regarding their users.

Itaˆ™s not that the sisters donaˆ™t know the assumption with the tv show. Indeed, Dawoon mentioned that they’re big enthusiasts. However, she do reveal which they didnaˆ™t search the chance to get on Shark Tank, outlining that ABC in fact called all of them immediately. aˆ?I never ever regarded as taking place Shark container before because the audience is a bigger company compared to the advertisers they routinely have in the show,aˆ? discussing this lady providersaˆ™s 11 person group as well as their recent financial support. The firm gotten their very first circular of investment in September 2012 for 600,000 cash from LightBank investment capital and co-founder of Match, Peng T. Ong. They gotten an additional circular of capital raising aˆ“ 2.8 million dollars aˆ“ from an unknown supply in May 2014. Speculation would be that this came from one of several sharks, but Dawoon verifies it didn’t. aˆ?The expense taken place before the announcement was created and before Shark container,aˆ? she claims.

Nevertheless when the ability offered by itself, they realized it was too-good to show down. aˆ?We believed it could be incredible for among sharks present since they’re thus wise and knowledgeable,aˆ? she companies. aˆ?So we went for this. It absolutely was extremely stressful, nevertheless ended up being a lot of enjoyment!aˆ?

When expected if there seemed to be a specific shark they will need as a trader, she things to level Cuban. aˆ?If I comprise to pick one shark [to services with], i’d most likely want to posses him present because heaˆ™s merely very tech smart. All the sharks have become simple and razor-sharp, but I find tag as specially thus. I could entirely discover him adding many appreciate to coffees Meets Bagel. We have been really thrilled at possibility of having the sharks included though.aˆ?

Like most great reality television show, almost always there is the potential for some drama. Weaˆ™ll simply have to hold off to see if coffees Meets Bagel will likely be a match on the premiere episode of Shark Tank!

Listen in for Shark Tank today on ABC at 9/8c!

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