Schmooze

Palo Alto, United States Founded: 2021 • Age: 5 yrs
Proximity-based dating is facilitated through meme swiping and AI matching.
Annual revenue - Latest available
Total funding $7.5M 3 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Schmooze

Schmooze is a company based in Palo Alto (United States) founded in 2021 by Abhinav Anurag and Vidya Madhavan. Schmooze has raised $7.47 million across 3 funding rounds from investors including Lightspeed Venture Partners, Elevation Capital and Inventus Capital Partners. Schmooze operates in a competitive market with competitors including Bumble, Tinder, The League, Say Allo and OnlySpark, among others.

  • Headquarter Palo Alto, United States
  • Founders Abhinav Anurag, Vidya Madhavan
  • Sectors
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Schmooze Private Limited
  • Date of Incorporation 25 Oct, 2023
  • Jurisdiction Bangalore South, Karnataka, India
Operational Areas
Consumer → Apparel, Fashion & Lifestyle Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $7.47 M (USD)

    in 3 rounds

  • Latest Funding Round
    $4 M (USD), Series A

    Sep 18, 2024

  • Investors
  • Employee Count
    Not available
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Funding Insights of Schmooze

Schmooze has successfully raised a total of $7.47M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Schmooze

Schmooze has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Lightspeed Venture Partners, Elevation Capital and Inventus Capital Partners.

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Venture Fund
Investor Description Founded Year Domain Location
Elevation Capital is focused on early-stage tech investments in India.
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Early-stage investments are targeted by Inventus Capital Partners.
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Venture capital firm focused on seed stage investments in technology sectors
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Investor details for Schmooze

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Investments & Acquisitions by Schmooze

Investments
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Investment portfolio details for Schmooze

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Financial Statements - Schmooze

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Detailed financials for Schmooze

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Schmooze Comparisons

Schmooze Primary company
Description
Proximity-based dating is facilitated through meme swiping a...
Location
Palo Alto, United States
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Schmooze

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Competitors of Schmooze

Schmooze operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bumble, Tinder, The League, Say Allo and OnlySpark, among others.

Company Name Domain Founded year HQ Location Description
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App-based platform providing women-centric dating and match making services
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Proximity-based online dating and matchmaking are facilitated through mobile swiping.
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A selective dating platform for motivated individuals is provided.
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Mobile dating app where swiping enables profile browsing and connections.
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An app-based dating platform connecting users through mutual likes.
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Detailed competitors of Schmooze

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Latest news on Schmooze

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Complete news archive for Schmooze

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Frequently Asked Questions about Schmooze

Schmooze was founded in 2021.

Schmooze is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Vidya Madhavan is the current CEO of Schmooze. They have also founded this company.

Schmooze is a funded company, having raised a total of $7.47M across 3 funding rounds to date.

Schmooze was founded in 2021 and is headquartered in Palo Alto, United States. The app functions within the dating sector by enabling connections between users in close proximity. Shared meme preferences are identified as users swipe left or right on content to indicate compatibility. An AI algorithm is employed to recommend profiles based on these mutual interests, supporting interactions among nearby individuals.

Schmooze's top competitors include Bumble, Tinder and The League.

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