Coffee Meets Bagel
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__NOTOC__ Coffee Meets Bagel is a
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–based
dating Dating is a stage of romantic relationships in which two individuals engage in an activity together, most often with the intention of evaluating each other's suitability as a partner in a future intimate relationship. It falls into the categor ...
and
social networking A social network is a social structure made up of a set of social actors (such as individuals or organizations), sets of dyadic ties, and other social interactions between actors. The social network perspective provides a set of methods for an ...
service.


History

Coffee Meets Bagel was created by three sisters: Arum, Dawoon, and Soo Kang. Arum first had the idea for the app in 2011, and the sisters launched the app in
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on April 17, 2012. Coffee Meets Bagel then launched in
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on May 10, 2012 and in
San Francisco San Francisco (; Spanish language, Spanish for "Francis of Assisi, Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the List of Ca ...
on October 24, 2012. In September 2012, the company announced that it had raised seed funding of $600,000 led by
Lightbank Lightbank is a financial organization that specializes in making venture capital investments in "disruptive" technology companies in the United States including seed investments, Series A round and late-stage investments. It combines investment ...
, with Match.com co-founder Peng T. Ong also investing. In January 2015, Coffee Meets Bagel was featured on ''
Shark Tank ''Shark Tank'' is an American business reality television series that premiered on August 9, 2009, on ABC.Hibberd, James (May 10, 201'Dancing,' 'Bachelor,' and a bigger 'Shark Tank' returning to ABCInsider TV. Retrieved June 24, 2012 The show i ...
,'' where the sisters sought a $500,000 investment in exchange for 5% of the company. They turned down
Mark Cuban Mark Cuban (born July 31, 1958) is an American billionaire entrepreneur, television personality, and media proprietor whose net worth is an estimated $4.8 billion, according to ''Forbes'', and ranked No. 177 on the 2020 ''Forbes'' 400 list ...
's hypothetical about if they would accept a $30 million buy-out and did not reach an agreement with anyone. In February 2015, the company announced a $7.8 million Series A financing round led by existing investor
DCM Ventures DCM (also known as DCM Ventures) is a venture capital firm located in Silicon Valley, Tokyo and Beijing. It has approximately $4.2 billion under management. DCM was the first Silicon Valley firm to invest in the early-stage technology sector in Ch ...
. In May 2018, the company raised $12 million in Series B funding led by Atami Capital.


User personal data breach

In February 2019, Coffee Meets Bagel acknowledged that an attacker had stolen "a partial list of user details, specifically names and email addresses", between late 2017 and mid-2018. Outside reporting indicated that as many as 6,174,513 accounts may have been affected, and that other details including age and gender may have been taken as well.


Features

Features of the Coffee Meets Bagel app include limiting the number of profiles users can interact with each day and offering ice-breaker information for matches. In 2020, Coffee Meets Bagel added video virtual speed dating in response to the
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pandemic.


See also

* Comparison of online dating websites


References


External links

* Android (operating system) software IAC (company) IOS software Mobile social software Multilingual websites Online dating services of the United States American social networking websites {{socialnetwork-stub