Jack’d, a gay, bi, trans, and queer social networking and dating app, has been acquired for an undisclosed sum. The buyer is Perry Street Software, a New York-based gay mobile software developer and the parent company of SCRUFF.
Founded in 2010, Jack’d describes itself as the most diverse location-based mobile app for gay and bisexual men and currently boasts a global network of five million users spanning 2,000 cities in 180 countries. A statement released by SCRUFF said Jack’d will continue to operate as a stand-alone app.
“This acquisition will provide Jack’d members with the same combination of technology and active moderation we have developed at SCRUFF, so that the Jack’d community members will be protected against harassment, spam bots, scammers, and risks while traveling,” said Eric Silverbeg, CEO of Perry Street Software.
In the coming months, Jack’d members can expect to see the removal of all programmatic advertising, enhanced controls over privacy and security, and new features such as improved messaging, redesigned Match, richer search, and the ability to include video as part of member private albums or in chat.
“Perry Street will invest significant resources to upgrade the technology and reliability of the Jack’d app.
“Perry Street Software will work with Jack’d members to create a platform that enables them to create authentic connections on their own terms, whether they are looking for friends, dates, a hookup, or more.”
The online dating market is expected to reach $12 billion by 2020. With this acquisition, Perry Street Software expects to become the largest LGBTQ owned-and-operated software company by revenue and members reached.