The Kang sisters created the profitable dating application, coffees touches Bagel.
Coffees matches Bagel, the matchmaking software that turned-down ‚Shark Tank‘ provide
— The Kang sisters, Soo, Dawoon and Arum, stunned folks when they said no to $30 million, strolling far from level Cuban’s record-setting offer for their online dating application on ABC’s “Shark Tank” earlier in the day this current year.
“We had gotten plenty emails, ‘You siblings are very crazy! Preciselywhat Are your thought?’” Dawoon Kang informed “Nightline.” “Seeing all of the opinions and studies … I have to ask yourself, being called ‘greedy,’ ‘gold digger,’ would we have been called those names whenever we are not females? I Got to ponder that.”
“If we were people, we might oftimes be labeled as ‘Bold! Visionary! Brave’ for rejecting. Naturally we weren’t labeled as that,” Arum Kang added, laughing.
Nonetheless it might easily come to be a daring, daring and visionary move because Soo, 35, Dawoon and Arum, both 32, think their unique dating app, java Meets Bagel, is definitely worth a great deal more, specially since Tinder was appreciated at $1.5 billion.
Java Meets Bagel, which includes raised $7.8 million in additional funding and it has more than doubled its consumer base since appearing on „Shark Tank“ in January, areas itself as a substitute for many sick and tired with over-sexualized times the sisters say are on some other online dating services. Rather they fixes up men and women with suits that focus on high quality over quantities.
“We want to phone ourselves the anti-Tinder,” Arum mentioned. “Any lady that has used tinder possess one or a lot of tales on the types actions guys demonstrate on Tinder … it is perhaps not the maximum event and … it feels weird.”
Java touches Bagel is free of charge as well as the app provides one fit, or a “Bagel,” by noon daily, based on the internet site. People has a day to select possibly to “Like” or “Pass” to their Bagel, whenever a couple “Like” both, then your software will open up a private speak for them to build a romantic date, which merely lasts for seven days. Bagels is determined through a personal computer formula that combs through users’ myspace friends and “friends of buddies,” examining passion and personal experiences to match customers with pages comparable to theirs.
But coffees satisfies Bagels faces competition in a packed market internet dating app markets, rising against applications like Tinder, Hinge, Bumble additionally the group, which are all competing with their piece of the estimated $2 billion internet dating markets.
But unlike Tinder, in which 58 % of its users tend to be male in accordance with their own research, coffees suits Bagels brag most female consumers. The Kang sisters declare that’s because their own consumers seek really love, not necessarily intercourse.
„Women comprise almost half Tinder’s consumer base,“ Tinder mentioned in a statement to ABC reports, and „there are millions of ‚swiped correct‘ stories that show Tinder was creating meaningful and long lasting connections across the world.“
Jamie Miller, exactly who merely moved to San Francisco from limited community in Ohio, experimented with Coffee Meets Bagel because she planned to weed out the weirdos.
“whenever I initially moved right here we met a small number of guys but we felt like nobody got it seriously,” she said. “Just, ‘hello good to satisfy you… bye…’ and that I wish something more than that.”
Their basic “Bagel” had been Zach, a 26-year-old companies creator for another start-up, plus in talking to one another, they both revealed that they had athletics in common, the guy football, along with her cross country.
“We bring a large number in common,” Miller stated. “He has the individuality. I enjoy your up until now. It’s the start.”
Whether this Bagel will turn out to be “the one” or perhaps not, 
the Kang sisters is certain that coffees touches Bagel has actually what it takes to revolutionize the relationship games.
At their residence workplace in nyc, they’ve a wall structure of popularity aimed at a few of their very early users just who finished up marrying their unique suits. In fact, the sisters say they have been now generating about 500 partners every week, with over 200 marriages and 20,000 relationships through matches through their own app.
“At the end of your day we know we produced best decision,” Dawoon Kang said.