Zoosk’s people is Bessemer Campaign Partners, ATA Options and you will Canaan Lovers. The business enjoys elevated over $60 million in equity.

Up until , Zoosk recharged no commission first off utilizing the software also to send you to message to a different people. As , contact and you will communication outside the very first content for every single person means a good advanced (we.elizabeth., paid) subscription.

Inside the , Zoosk recorded S-1 documentation getting a primary social giving because looked for to boost $100 million when you look at the financial support. From the S-step 1, the firm reported 2013 revenue away from $178.2 million, a beneficial 63% improve over the previous seasons, and this had slashed losings 87% so you can $dos.6 million. It has twenty seven billion users, where 650,000 were expenses clients, and its own subscription was growing forty two% 12 months-over-seasons. Zoosk got attained the career out-of no. 1 grossing matchmaking app and you can a premier twenty five grossing application towards the brand new AppleiOS Software Shop.

Despite $200 billion inside the revenue gathered in the 2014, and an income the previous 12 months, Zoosk lost money in 2014. Simply because the business overspending into extension and over-employing. The organization was also running on first-upwards principle you to profits dont count. With these issues during the company, Zoosk canceled its IPO in the , they laid off 15% of their professionals. Read more →