Schmooze

Palo Alto, United States Founded: 2021 • Age: 5 yrs
Proximity-based dating is facilitated through meme swiping and AI matching.

About Schmooze

Schmooze is a Consumer company based in Palo Alto (United States) founded in 2021 by Abhinav Anurag and Vidya Madhavan. Proximity-based dating is facilitated through meme swiping and AI matching. Schmooze has raised $7.47 million across 3 funding rounds from investors including Lightspeed Venture Partners, Elevation Capital and Inventus Capital Partners. Its chief executive, as recorded, is Vidya Madhavan. Its focus areas include Matchmaking, Dating, Mutual Likes and Proximity Based. Its legal entity in India is Schmooze Private Limited (U62099KA2023PTC180245). Its competitors include Bumble, The League and Say Allo; 1 of its 3 listed competitors has raised funding.

Company details

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.

  • Headquarters Palo Alto, United States
  • Founders Abhinav Anurag, Vidya Madhavan
  • Sectors
    Consumer
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website schmooze.in
  • Social LinkedIn X
  • Legal Name Schmooze Private Limited
  • Date of Incorporation 25 Oct, 2023
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics

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.

  • Total Funding $7.47M
  • Total Rounds 3
  • Last Round Series A β€” $4M
  • First Round $270,000

    (May 2021)

  • Investors Count 6

All 3 funding rounds of Schmooze with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2024$4MSeries A–Elevation Capital
–
Aug 2022$3.2MSeed–Inventus Capital Partners, Silicon Valley Quad
May 2021$270,000Seed–Ulu Ventures
–
Valuation history

6 investors in total: 6 institutional.

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.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Elevation Capital is focused on early-stage tech investments in India.
elevationcapital.comDelhi, India
Early-stage investments are targeted by Inventus Capital Partners.
inventuscap.comBurlingame, United States
Venture capital firm focused on seed stage investments in technology sectors
svquad.comSanta Clara, United States
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
1997lsvp.comMenlo Park, United States
Early-stage venture capital funding is provided to startup founders.
graphventures.comSan Francisco, United States
Seed-stage funding is provided to innovative founder teams.
uluventures.comPalo Alto, United States
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Investor details for Schmooze

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Board of directors of Schmooze Private Limited (Schmooze)

Schmooze Private Limited is the primary company behind Schmooze. The board of Schmooze Private Limited currently have 2 directors; the longest-serving is Geetha Madhavan Iyengar, appointed in 2023.

DirectorDesignationAppointedTenureEntity
Geetha Madhavan Iyengar
DIN 10369488
Director25 Oct 20233 yrsSchmooze Private Limited
Abhinav Anurag
DIN 10369487
Director25 Oct 20233 yrsSchmooze Private Limited

People of Schmooze

2 people are tracked at Schmooze (2 in leadership).

NameRoleGroup
Co-FounderLeadership
Vidya Madhavan
Co-Founder & CEOLeadership
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Complete people profiles for Schmooze

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Timeline of Schmooze

3 dated milestones of Schmooze across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Schmooze is founded.
  2. Funding First funding round of $270K.
  3. Funding Latest funding round, Series A, of $4.0M.

Competitors of Schmooze

Schmooze has 3 listed competitors in our database, 1 of them funded. They include Bumble, The League and Say Allo.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
bumble.com2014Austin, United States1,200
App-based platform providing women-centric dating and match making services
theleague.com2003San Francisco, United States$4.3M
A selective dating platform for motivated individuals is provided.
justsayallo.com2015Denver, United States
Mobile dating app where swiping enables profile browsing and connections.
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Detailed competitors of Schmooze

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Web traffic of Schmooze

The website of Schmooze (schmooze.in) receives about 6.7K visits a month.

  • Monthly visits
    6.7K

    ▲ 313.8% vs previous month

Top companies in Matchmaking & Relationship Apps

3 companies that operate in the same segment as Schmooze (Matchmaking & Relationship Apps) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
App-based platform providing women-centric dating and match making services
2014Austin, Texas, United StatesUSD 965.66 M580
Personality-based dating and matchmaking are facilitated through a mobile app.
2012New York, New York, United StatesUSD 26.78 M
Geolocation-based dating and social platform for LGBT community is provided.
2008Los Angeles, California, United StatesUSD 439.9 M147
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Related news about 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 CEO of Schmooze, as recorded in our data. They have also founded this company.

Schmooze is a funded company, having raised a total of $7.47M across 3 funding rounds to date. The company's 1st funding round was a Seed of $270K, raised on May 2021.

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, The League and Say Allo.

Schmooze operates through Schmooze Private Limited.

The legal entities of Schmooze currently have 2 directors, including Geetha Madhavan Iyengar, Abhinav Anurag.

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