06 Jul Dating application Siren, where females make very first move, lands $500k in financing, supplying option to Tinder, Match yet others. Alternate Uses For Dating Apps That Won’t Crush The Soul

by Madeline Vuong on March 22, 2016 at 11:00 am March 22, 2016 at 11:02 am

Siren, the Seattle-based dating app that allows ladies result in the very first move, has raised $500,000 of a fully planned $750,000 seed round. The lead investor was Blackrun’s brand new women-focused investment arm, Half the World Holdings.

The Siren dating app allows women result in the very first move.

Half the whole world Holdings will spend $225,000 within the app that is dating stated Siren co-founder and CEO Susie Lee within an email in regards to the financing. The investment ended up being established included in Half the World Holdings’ debut on March 8. Four to five other angel investors are joining into the round, for an overall total of $500,000.

The app that is dating which won App of the season at last year’s GeekWire Awards, will utilize the cash to help develop their platform and user base, working “to achieve quality social interactions and good community effect,” Lee stated.

“Siren highly resonated aided by the directors of this fund [Half the planet Holdings], whom saw the investment possibilities in businesses centered on women during the critical phases of their everyday lives. My very first conversation with [Blackrun director] Debra Langley, an overall total bad-ass, felt like I happened to be conversing with a long-time friend; she immediate recognized the pain sensation points but in addition the enormous business opportunity in a relationship platform which wasn’t yet another twist in the basic dating swipes.”