Zoosk’s traders are Bessemer Strategy Lovers, ATA Potential and you may Canaan Lovers. The firm has actually elevated more $60 million when you look at the guarantee.
Up until , Zoosk energized zero commission to begin with with the software and to upload that message to another person. Due to the fact , contact and you may telecommunications beyond the first message for every individual demands a good advanced (we.age., paid) registration.
Inside the , Zoosk registered S-step one documents to own a first social offering MeetNiceRussian je to stvarno because sought for to raise $100 billion when you look at the investment. Throughout the S-step 1, the organization stated 2013 income out-of $178.2 million, an excellent 63% boost over the previous season, and that it got slashed loss 87% to help you $2.six million. It’s got twenty seven billion users, of which 650,000 had been expenses subscribers, as well as subscription are increasing forty two% season-over-seasons. Zoosk had achieved the positioning out of zero. 1 grossing dating software and a leading twenty five grossing application towards the the fresh AppleiOS Application Store.
Despite $two hundred million in revenue built-up during the 2014, including a revenue the earlier seasons, Zoosk shed profit 2014. Simply because the firm overspending with the expansion as well as over-hiring. The business has also been operating on the beginning-upwards principle you to definitely earnings dont number. With your dilemmas within providers, Zoosk terminated its IPO inside , they let go 15% of its professionals. To evolve money, the firm to require a premium subscription to deliver texts. Read more