NY , Nov. 15, 2016 /PRNewswire/ — East Meet East, the software and site that matches Asian and Asian US singles in the U.S. and beyond, has established a $1 million round of capital. The money will likely to be used to advance develop the app that is mobile speed up the business’s growth, particularly when you look at the U.S., Canada , Australia , the U.K., and Hong Kong. The investors in this round include: 500 Startups, East Ventures, DeNA 1 , iSGS Investment Works, Shintaro Yamada (creator & CEO of Mercari, Inc. 2 ) as well as others.
Asian People in the us would be the quickest minority that is growing in the usa, which expanded 56% from 2000 to 2013 3 , and exceeded the 15 million mark in the us . Globally, 60% associated with global world populace everyday lives in Asia , accounting for longer than 4.4 billion individuals 4 .
Created as being a dating platform specialized in serving the Asian populace in English-speaking nations, East Meet East distinguishes it self off their internet dating sites by providing features specifically made for the Asian dating culture. East Meet East’s proprietary features and algorithm include the findings from several years of research to handle the requirements of the Asian community.
“East Meet East centers on the tradition and values that you can get into the community that is asian which we integrate into our algorithm and features,” states Mariko Tokioka , CEO and co-founder. “for instance, we now have a function that enables a person in order to connect with another individual whom emigrated to the usa at across the exact same age,” claims Mariko, who formerly was COO at Quipper, that has been effectively offered to Recruit, Japanese conglomerate, for JPY4.8 billion ( US$43 million ).