About SpeedDate
SpeedDate is a company based in San Mateo (United States) founded in 2007 was acquired by IAC in February 2013.. SpeedDate has raised $9 million across 2 funding rounds from investors including IAC and Menlo Ventures. The company has 7 employees as of December 31, 2012. SpeedDate operates in a competitive market with competitors including FROME, Filter Off, Couple, Abto App and Hidazz, among others.
- Headquarter San Mateo, United States
- Employees 7 as on 31 Dec, 2012
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Speeddate.Com, Llc
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Funding Insights of SpeedDate
SpeedDate has successfully raised a total of $9M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $3 million completed in November 2011. 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 Total Funding
- Total Rounds 2
- Last Round Series B — $3.0M
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First Round
First Round
(28 Aug 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2011 | Amount | Series B - SpeedDate | Valuation |
investors |
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| Aug, 2008 | Amount | Series B - SpeedDate | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SpeedDate
SpeedDate has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include IAC and Menlo Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
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Founded Year | Domain | Location | |
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Acquisitions and creations of media and internet brands are managed.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SpeedDate
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SpeedDate
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Speeddate Comparisons
Competitors of SpeedDate
SpeedDate 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 FROME, Filter Off, Couple, Abto App and Hidazz, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
An app-based platform for speed dating is provided.
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| domain | founded_year | HQ Location |
Video-based speed dating platform for singles
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| domain | founded_year | HQ Location |
Couple is operated as an AI-powered online dating platform.
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| domain | founded_year | HQ Location |
An app-based platform designed for efficient and fun speed dating experiences.
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| domain | founded_year | HQ Location |
Provides a comprehensive video-based speed dating platform for users.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about SpeedDate
When was SpeedDate founded?
SpeedDate was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Where is SpeedDate located?
SpeedDate is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Is SpeedDate a funded company?
SpeedDate is a funded company, having raised a total of $9M across 2 funding rounds to date. The company's 1st funding round was a Series B of $6M, raised on Aug 28, 2008.
How many employees does SpeedDate have?
As of Dec 31, 2012, the latest employee count at SpeedDate is 7.
What does SpeedDate do?
SpeedDate.com is a speed dating website. Within an hour, users meet up to 15 people using live video and instant messaging. Each date lasts three minutes, after which users can continue the conversation or chat with someone else. SpeedDate.com has applications on iPhone, iPad, Android, Facebook, MySpace, Bebo and Meebo. SpeedDate.com is a freemium service and its revenue comes from premium subscriptions.
Who are the top competitors of SpeedDate?
SpeedDate's top competitors include FROME, Filter Off and Couple.
Who are SpeedDate's investors?
SpeedDate has 2 investors. Key investors include IAC, and Menlo Ventures.