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Schmooze, a dating platform that operates on memes, has secured $4 million in a Series A funding round that was spearheaded by Elevation Capital.
The new proceeds will be allocated to the expansion of user acquisition initiatives.
Angel investors, such as the founders of Ultrahuman, The Souled Store, Mosaic Wellness, and Paytm, also participated in the round.
Schmooze had previously obtained $3.47 million from Inventus Capital Partners and other sources.
Schmooze, which was co-founded in 2021 by Vidya Madhavan and Abhinav Anurag, combines the cultural relevance of memes with advanced AI technology. This enables users to connect based on shared humor, personality characteristics, and interests.
The platform eliminates the inconvenience of superficial swipes and provides a more in-depth understanding of users' personalities by analyzing their meme interactions, thereby assisting them in identifying matches that align with their distinctive sense of humor.
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According to Schmooze, it includes Genie, an AI dating coach that improves the overall dating experience by making it more engaging, authentic, and enjoyable. With features such as Roast AI, which simulates conversations with a stand-up comedian, and Rant AI, a digital diary that responds to user inputs, the objective is to address the loneliness and social disconnection that Gen Z experiences. This ensures that users have companionship even when they are not interacting with others.
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Schmooze asserts that it has attracted more than one million users in India and has observed 900 million meme swipes. In comparison to other conventional dating sites, the app also reports a threefold increase in the ratio of female to male users.
About Schmooze
Founded in 2021 by Vidya Madhavan and Abhinav Anurag, Schmooze is the world's first-ever meme-based dating app that connects you with like-minded souls with shared tastes in memes.
