History
2021: Purchase of the dating service Once
On January 19, 2021 the Dating Group company founded by the Russian entrepreneur Dmitry Volkov announced purchase of the competing project — Once. The cost of the transaction was $18 million. It will be paid with own means and the stocks Dating Group. Read more here.
2020: Start of venture fund
On March 19, 2020 the dating service Dating.com based by the Russian entrepreneur Dmitry Volkov announced start of corporate venture fund of $50 million.
Funds from new fund will be allocated the startups specializing in the market of services of acquaintances at early stages (from sowing investments to Series B rounds). One company will be able to expect a financial support at the rate to $5 million.
Except money, projects can get technical support and the help in development of a product. Dating.com Group does not exclude also a possibility of purchase of startups.
The first investments from fund were received by owners of the American service for S’More acquaintances. Its feature are the interactive functions allowing users to learn more about the person before looking at him in the photo.
The CEO of S'More Adam Cohen Aslatei called Dating.com very important partner whose international experience already helped the company.[1]
According to Dmitry Volkov, for the last three years by March the 2020th 53 companies in the deytingovy sphere attracted investments for the total amount of $230 million from 134 venture funds.
 | We believe that we will be able successfully to make use of our experience for search and support of the next generation of global deytingovy projects and are glad to announce this fund — he said. |  |
The share in the world market of dating services in Dating.com is estimated at 33% by March, 2020. The general audience of all applications and the websites entering into the company, according to the company, makes 73 million registered users. Volkov is also engaged in investment business. Dating.com is going to expand business due to purchase, creations or investments into perspective projects therefore the venture fund was started. Merger of developers of projects for acquaintances in Asia and the USA are planned.
Notes
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