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However, Kang managed to raise money for Coffee Meets Bagel by raising .8 million in venture capital from from three firms to fund their expansion, and introducing a freemium model that charges users for certain upgraded features.Kang says her unique idea helped her get that funding.The office is the company’s first location outside the Bay Area and will house five employees when it opens Jan. Coffee Meets Bagel Co-founder and Co-CEO Arum Kang told Geek Wire the office grew organically out of the startup’s decision to hire new employees based on talent, not location.The company has hired individual employees in cities scattered across the U.The office will be in the Westlake We Work in Seattle for the time being and Kang said she expects it to grow, potentially opening a full office in the coming years.
Kang now hopes that her success can help change the face of Silicon Valley.Kang explained that women tend to prefer to have matches curated for them instead of sifting through lots of profiles and that men prefer the opposite, according to research on the industry.To try to satisfy everyone, Coffee Meets Bagel sends up to six curated matches to women on the platform each day and up to 21 curated matches to men.Launched in 2005, provides a relaxed way to meet somebody new without having to give up a whole evening.
Just meet-up during the day, or early evening, in a local coffee venue and see if you get on over a cappuccino, latte or tea(! Our website is refreshingly easy to use and we won't ask you screen after screen of questions or pretend that computer algorithms can match you up.
The 34-year-old entrepreneur created the popular dating app for women with her two sisters back in 2012, using just ,000 of their money.