The world is moving towards a new normal in the aftermath of the COVID-19 pandemic. This entails changing various aspects of our lives with dating being one of them. However, while the world moves on, dating apps seem to be stuck in time. London-based next-generation dating app startup Qemistry is all set to change it and has announced a £250,000 fundraise on Crowdcube.
Funding details
Qemistry has listed its crowdfunding round online, which you can take a look at here. The target is set at £200,000 but the startup has already raised over £185k with 77 investors onboard at the time of writing this article.
In a conversation with UKTN, the company’s co-founder and COO, Emma Clark, reveals that the company has already spent some of the funds raised as part of this round, which bumped up its pre-money valuation that currently stands at a notable £1,286,646. This also led to a reduction of the listed goal from £250k to £200k. The company expects to raise its targeted funding amount much sooner than expected. These funds will be utilised for marketing. ...