America’s # 1 Dating that is asian App Meet East Closes $1 Million in Seed Funding from 500 Startups, East Ventures and much more
NY , Nov. 15, 2016 /PRNewswire/ — East Meet East, the application and internet site that matches Asian and Asian US singles in the U.S. and beyond, has established a $1 million round of money. The financing would be used to help develop the app that is mobile speed up the business’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 Us citizens would be the quickest growing minority team in the united states, which expanded 56% from 2000 to 2013 3 , and exceeded the 15 million mark in the usa . Globally, 60% for the world population life in Asia , accounting for longer than 4.4 billion individuals 4 .
Launched as being a dating platform specialized in serving the Asian populace in English-speaking nations, East Meet East distinguishes it self off their internet dating sites by providing features specifically made for the Asian dating culture. East Meet East’s proprietary features and algorithm integrate the findings from many years of research to handle the needs of the Asian community.
“East Meet East centers on the tradition and values that you can get within the Asian community, which we integrate into our algorithm and features,” claims Mariko Tokioka , CEO and co-founder. “as an example, we now have an element which allows a person in order to connect with another individual whom emigrated towards the usa at round the age that is same” claims Mariko, whom formerly was COO at Quipper, that has been effectively offered to Recruit, Japanese conglomerate, for JPY4.8 billion ( US$43 million ).
East Meet East will utilize the funds to carry on its outreach in the Asian community and further develop the application. On top of other things, ongoing collaborations with prominent Asian American and Asian Canadian YouTubers including the Fung Brothers, David therefore, Linda Dong, and Wong-Fu manufacturing’s ISATV, will play a essential component in these efforts. These YouTube movie stars are part models for Asian youth in English-speaking countries and so they can effortlessly convey the message to an incredible number of members.
“East Meet East could be the extremely first dating platform that undoubtedly knows Asian American tradition and their requirements,” claims Edith Yeung , basic partner at 500 mobile phone Collective Fund. “Their individual base has grown sevenfold in 2015 alone, which can be a testament towards the underlying demand. We enjoy viewing the ongoing business continue steadily to measure globally.”
1 worldwide frontrunner within the mobile internet services, therefore the operator that is largest of games in Japan .
2 Japan’s just start-up unicorn as regarding the launch date.
3 Source: United States Census and United States Community Survey.
4 World Population Leads: The 2015 Modification.
About East Meet East
East Meet East could be the premier Asian relationship platform brazilian brides with all the aim of linking Asian and Asian US singles. Users can browse our unique user pool, take a look at our regular one-to-one match, and deliver smiles and communications to kick-start their dating everyday lives.