NYC , Nov. 15, 2016 /PRNewswire/ — East Meet East, the software and web site that matches Asian and Asian US singles in the U.S. and beyond, has established a $1 million round of capital. The money is supposed to be used to help expand develop the mobile software and speed up the business’s growth, particularly into the U.S., Canada , Australia , the U.K., and Hong Kong. The investors in this round include: 500 Startups, East Ventures, DeNA 1 , iSGS Investment Functions, Shintaro Yamada (creator & CEO of Mercari, Inc. 2 ) as well as others.
Asian People in america will be the quickest growing minority team in the US, which expanded 56% from 2000 to 2013 3 , and exceeded the 15 thai women million mark in the us . Globally, 60% for the world populace life in Asia , accounting for longer than 4.4 billion individuals 4 .
Created as a dating platform specialized in serving the Asian populace in English-speaking nations, East Meet East distinguishes it self off their internet dating sites by offering features specifically made for the Asian dating culture. East Meet East’s proprietary features and algorithm integrate the findings from several years of research to handle the needs of the community that is asian.
“East Meet East centers around the tradition and values which exist within the Asian community, which we integrate into our algorithm and features,” claims Mariko Tokioka , CEO and co-founder. “for instance, we’ve a function enabling a person to get in touch with another individual whom emigrated towards the usa at all over age that is same” claims Mariko, whom previously was COO at Quipper, that has been effectively offered to Recruit, Japanese conglomerate, for JPY4.8 billion ( US$43 million ).
East Meet East will utilize the funds to keep its outreach in the community that is asian further develop the software. Among other activities, ongoing collaborations with prominent Asian United states and Asian Canadian YouTubers like the Fung Brothers, David therefore, Linda Dong, and Wong-Fu manufacturing’s ISATV, will play a part that is important these efforts. These YouTube movie stars are part models for Asian youth in English-speaking countries and so they can efficiently convey the message to scores of customers.
“East Meet East may be the extremely first dating platform that undoubtedly knows Asian US tradition and their demands,” claims Edith Yeung , basic partner at 500 mobile phone Collective Fund. “Their individual base has grown sevenfold in 2015 alone, that will be a testament into the underlying demand. We look ahead to viewing the business continue steadily to measure globally.”
1 international frontrunner when you look at the mobile internet services, additionally the biggest operator of games in Japan .
2 Japan’s just unicorn that is start-up regarding the launch date.
3 Source: United States Census and United States Community Survey.
4 World Population Leads: The 2015 Modification.
About East Meet East
East Meet East could be the leading dating that is asian because of the objective of connecting Asian and Asian US singles. Users can browse our unique member pool, have a look at our regular match that is one-to-one and send smiles and messages to kick-start their dating life.