Zoosk’s people are Bessemer Venture Lovers, ATA Ventures and you may Canaan People. The business features increased more than $60 billion in the security.
Until , Zoosk recharged zero fee to start utilising the application and to posting you to definitely message to a different person. As , get in touch with and interaction beyond the basic content for every people needs a premium (i.e., paid) registration.
Inside , Zoosk registered S-step 1 portal link paperwork to own a first social offering since it wanted to help you boost $100 mil in the financing. In the S-step 1, the business advertised 2013 earnings of $178.2 mil, a good 63% improve along the previous seasons, and that it had slashed losses 87% so you’re able to $2.six million. It has twenty seven mil players, where 650,000 was indeed investing subscribers, and its registration was expanding 44% year-over-year. Zoosk got hit the positioning away from no. step one grossing dating application and you will a leading twenty five grossing software into the the new AppleiOS App Store.
Even after $200 million in the money gathered in 2014, as well as money the last seasons, Zoosk missing profit 2014. For the reason that the company overspending on the expansion as well as over-employing.