Coffee Meets Bagel was created by three sisters: Arum, Dawoon, and Soo Kang. The app was launched in New York City on April 17, 2012. In September 2012, the company announced that it had raised seed funding of $600,000 led by Lightbank, with Match.com co-founder Peng T. Ong also investing.
How did Coffee Meets Bagel start?
Arum had the idea to create Coffee Meets Bagel in 2011, and the following year Kang quit her job at JPMorgan to launch the app with Arum and Soo. It just felt natural, Kang says. Here, Kang shares her experience adapting in the U.S., leaving her job at JPMorgan to start Coffee Meets Bagel, her daily routine and more.
What is special about Coffee Meets Bagel?
Its main hook is offering users daily, curated matches, called “Bagels.” The goal is to quickly connect with high-quality matches, instead of mindlessly swiping random faces as youd do with Editors Choice pick Tinder.
How does coffee meet Bagel work for guys?
Rather than swiping, men receive up to 21 bagels each day at noon, which they can either “Like,” “Pass,” or “Priority Like.” A Priority Like is similar to a Tinder Super Like. According to CMB, it will get you noticed 6x faster. Each time you use it costs 540 beans – more on those coming up.
What Shark Tank businesses have failed?
What Shark Tank deals have failed? ToyGaroo, ShowNo Towels, Sweet Ballz, Body Jac, CATEapp, Breathometer and You Smell Soap are some of the companies that went through Shark Tank and later on shut down.