Why Bumble Was Investing in This Hot Brand-new Relationships Application

Why Bumble Was Investing in This Hot Brand-new Relationships Application

The Tinder opponent are top a seed circular investments in Chappy, a site designed particularly for homosexual guys.

Whitney Wolfe, the co-founder and CEO of Bumble, has one simple objective: to produce tech-based relationship much more comprehensive and empathetic for the marginalized — such as people that diagnose as LGBT (lesbian, homosexual, bisexual, or transgender).

To that end, their internet dating app lately announced the expense (of a “big” amount) in Chappy, a homosexual matchmaking services located in the U.K. the actual terms of the deal weren’t disclosed, but Bumble, with used an assets risk from inside the business, confirmed that it is the sole investor. Continue reading “Why Bumble Was Investing in This Hot Brand-new Relationships Application”