Once, the online dating app which adopts a “slow dating” approach to offer users an alternative to the likes of Tinder, has raised $5.5 million in Series A funding round.
The recent financing, which includes a second wave from VC firm Partech Ventures, brings the company’s total funding to $9 million. The investment will be used to facilitate the app’s development in France, Germany and the UK, as well as support its expansion into global markets.
Once uses a “slow dating” concept to limit users to one match per day
Once describes itself as a dating app focused on “decluttering and slowing down the online dating frenzy”. The company provides an alternative to ‘hook-up’ style dating apps such as Tinder and aims to help people find meaningful, lasting relationships through “carefully selected matches”.
The app limits users to just one match a day, using a concept the founders call “slow dating”.
Founder and CEO Jean Meyer said:
“This is a great achievement in the first year of launching our slow dating concept. We are delighted that Partech Ventures recognise the potential our app has to globally reform the online dating scene.”
Romain Lavault, general partner at Partech Ventures, added:
“Dating is a really exciting pace for us as it attracts massive audiences. Once has a unique approach to serious dating, creating a more human experience and we look forward to supporting its growth.”
Launched in October 2015 in France, Once has already attracted almost two million users and raised $8.9 million in seed funding.