Happn raises Series B to conquer Asia

Not even a year has passed since Alven invested in a Series A round with geolocation-powered dating app Happn in October of last year.

Not even a year has passed since Alven invested in a Series A round with geolocation-powered dating app Happn in October of last year. In that time, the service has grown from 200k to over 6 millions users, an explosive 3,000% growth across Europe, North America and Latin America. While the service was hatched in Paris, France and now boasts a truly global footprint: its most popular city is now São Paulo, Brazil.

To capitalize on this momentum and expand in the untapped markets of Asia, Happn is raising this Series B of €12,5M/$14M led by IdInvest with Alven Capital following on their Seed and Series A investment, as well as by DN Capital, Raine Ventures and several business angels. Happn’s recent performance shows a healthy business and promising future that we are excited to support. Didier Rappaport and his team have proved masterful so far at acquiring new users for the app and sustaining their interest despite the competitive landscape in dating apps and user acquisition in general. We look forward to celebrating their membership reaching the 10 Million mark, a milestone they expect to pass by the end of this year. 


Share

Planity announces €10m Series B to cement leadership on beauty salon bookings

The French leader in beauty salon bookings, with Alven since its Seed round, will look to consolidate its leadership and continue develop its services

Read

MadKudu Raises $5.5m Series A & Launches New Intelligence Offering

Another Alven-backed team of ambitious French founders successfully grow from early stage to continued success in the US and globally

Read

The Debrief: Covid-19 and layoffs (webinar)

An Alven <> Actance exclusive webinar – Summary of June 25th session

Read
dapibus quis, ut ut neque. dolor consectetur