Dating apps are back after the Match Group monopoly started showing cracks. Hinge got acquired for $400M, Bumble went public, and now VCs are funding alternatives again.
Here are 20 investors who've backed dating startups in the last two years. Most understand retention economics matter more than download numbers.
Accel: Led Match Group's investments and backed multiple dating platforms including Hinge before its acquisition.
Andreessen Horowitz (a16z): Invested in Clubhouse (which pivoted to dating features) and multiple social connection apps.
Bessemer Venture Partners: Backed PlentyOfFish before its $575M exit and continues investing in relationship tech.
Coatue: Led Coffee Meets Bagel's Series C and backs several Gen Z social apps.
DST Global: Invested in Tinder parent Match Group and multiple international dating platforms.
General Catalyst: Backed Bumble at $3B valuation and invested in several relationship-focused startups.
Goodwater Capital: Consumer-focused fund that backed dating and social apps across Asia and Europe.
Index Ventures: Early investor in Match Group and continues backing European dating startups.
Insight Partners: Growth-stage fund that invested in dating apps scaling internationally.
Initialized Capital: Seed investor in Hinge before Match acquisition and multiple dating tech startups.
Kleiner Perkins: Backed Nextdoor and social connection apps, expanding into dating tech.
Lightspeed Venture Partners: Invested in OkCupid before Match acquisition and newer dating platforms.
NEA: Backed Bumble pre-IPO and invested in relationship coaching apps.
Norwest Venture Partners: Consumer fund with investments in dating and social discovery apps.
Sequoia Capital: Invested in multiple dating apps in Asia and backed WhatsApp (heavy dating usage).
Spark Capital: Early Twitter investor now backing social and dating apps for Gen Z.
Tiger Global: Invested in Bumble and multiple international dating platforms.
Union Square Ventures: Backed Tinder in early days and continues investing in connection platforms.
Y Combinator: Funded 30+ dating and relationship startups, including Coffee Meets Bagel.
500 Global: Seed fund with 15+ dating app investments across multiple markets.
Retention metrics: Most dating app investors want to see 30-day retention above 25%. Anything below that means you're just burning acquisition spend.
Monetization proof: Free dating apps don't impress anyone anymore. Show paying users and clear path to profitability. Investors know dating apps can monetize well if retention works.
Network effects: You need proof that more users make the experience better. Cold start problem is real. Dead markets kill dating apps faster than bad tech.
Unit economics: CAC to LTV ratio matters more than total users. Investors will ask how much you spend to acquire a paying user. Have that number ready.
Communication tracking: Use Ellty to share your deck with trackable links. You'll see who actually opens your retention cohorts vs. just skimming the intro.
Differentiation beyond features: "AI matching" and "video profiles" aren't differentiators anymore. Investors want to know why users will switch from Bumble or Hinge.
Research their portfolio: Look at what dating apps they've already backed. If they invested in a direct competitor, don't waste time. If they backed an app that failed, understand why before reaching out.
Lead with metrics: Dating app investors care about DAU/MAU ratio, match rates, and message response rates. Put these in your first email. Everything else is noise.
Share your deck properly: Upload to Ellty and send trackable links. Monitor which pages investors spend time on—if they skip your monetization slide, that's useful information.
Get warm intros: Cold emails to Sequoia won't work. Find founders in their portfolio and ask for intros. Most will be honest about whether you're a fit.
Target the right events: South by Southwest has dating tech panels. Web Summit attracts European investors. TechCrunch Disrupt less useful for consumer apps now.
Show traction publicly: Tweet your metrics if they're good. Investors track founders on Twitter. Bad metrics stay private.
Prepare your data room: Set up an Ellty data room with your cohort analysis, CAC/LTV model, and cap table before they ask. It speeds up the process.
Book meetings with context: When you get a call, send your deck 24 hours before. Lead with one chart that shows your retention curve.
Dating app funding dropped 40% from 2021 peaks, but investors who understand the space are still active. Bumble's 2024 struggles showed that even public dating companies face retention challenges.
Gen Z users are leaving traditional swipe apps for interest-based platforms. Investors backing dating startups in late 2025 want proof you've solved for one specific demographic. Broad "dating for everyone" pitches don't work anymore.
One of the most active investors in relationship tech with multiple exits including Bumble.
Consumer fund that backs social apps with dating features and connection platforms.
Backed PlentyOfFish before its $575M exit and continues investing in dating platforms.
Growth investor that led Coffee Meets Bagel's Series C and backs Gen Z social apps.
International growth fund that invested in Match Group and multiple dating platforms globally.
Backed Bumble at $3B valuation and invests in relationship-focused consumer apps.
Consumer-focused fund with dating and social app investments across Asia and Europe.
Early Match Group investor continuing to back European dating startups.
Growth-stage fund investing in dating apps scaling internationally with proven metrics.
Seed investor in Hinge before Match acquisition and multiple dating tech startups.
Consumer investor expanding into dating tech after backing social connection apps.
Invested in OkCupid before Match acquisition and backs newer dating platforms.
Backed Bumble pre-IPO and invests in relationship coaching and dating apps.
Consumer-focused fund with investments in dating and social discovery apps.
Multiple dating app investments in Asia and backed WhatsApp which sees heavy dating usage.
Early Twitter investor now backing social and dating apps targeting Gen Z users.
Invested in Bumble and multiple international dating platforms with strong metrics.
Backed Tinder in early days and continues investing in connection platforms.
Funded 30+ dating and relationship startups including Coffee Meets Bagel.
Seed fund with 15+ dating app investments across multiple international markets.
Upload your deck to Ellty and create a unique link for each investor. You'll see exactly which slides they view and how long they spend on your retention cohorts. Most founders are surprised to learn investors skip their market size slides but spend 5+ minutes on monetization metrics.
When investors ask for more materials, share an Ellty data room instead of messy email threads. Your cohort analysis, CAC/LTV model, and cap table in one secure place with view analytics.
Do dating app investors care about AI matching algorithms?
No. They care about retention and monetization. AI is table stakes now. Show that users come back and eventually pay.
Should I focus on free or paid acquisition?
Both, but know your numbers. Most dating apps die because CAC through paid channels is 3-4x LTV. Organic growth through network effects matters more than Facebook ads.
How much traction do I need before approaching these investors?
Seed stage: 10,000+ users with 20%+ 30-day retention. Series A: 100,000+ users with proven monetization and sub-$50 CAC for paying users.
Are dating apps still investable after Bumble's struggles?
Yes, but investors want proof you're not building another swipe app. Bumble's issues showed that broad dating apps face retention problems. Niche dating platforms with strong retention still get funded.
Which geographies are investors most interested in?
US and Europe for proven models. Southeast Asia, Latin America, and Middle East for high-growth markets with less competition.
How long does dating app fundraising take?
Seed rounds close in 2-3 months with warm intros. Series A takes 4-6 months. Show clear month-over-month growth or you'll waste time.