Happn SAS

Happn SAS is a location-based dating application that connects users who have crossed paths in real life, fostering genuine interactions and serendipitous connections based on proximity. Happn, headquartered in Paris, France, operates a dating app that allows users to engage with potential matches they have encountered in real life. Founded by Didier R and CEO Karima Abdelmalek, the company has undergone strategic evolution since its inception. Happn has raised funding through various rounds, with the latest being a Series C funding on March 14, 2019, amounting to EUR 800,013.

2, bringing the total amount raised to EUR 800,013. 2 and a current company valuation of EUR 74. 618 mn. Happn primarily offers a dating application designed to connect users based on real-life encounters.

The app enriches user profiles and enhances the dating experience by facilitating opportunities to meet new people in urban settings. Happn's platform is available in multiple markets worldwide, including the United States, France, India, Brazil, and Turkey, targeting individuals looking for genuine connections. In the most recent fiscal year of 2015, Happn reported a revenue of EUR 22,501,802. 3 and an EBITDA of EUR 1,298,796.

6. The company generates revenue primarily through subscription services that offer enhanced features for users, such as improved visibility and match preferences, along with potential partnerships with local businesses. Happn plans to leverage its recent Series C funding to enhance its application by developing new features designed to improve user engagement and experience. The company is also exploring expansion into additional markets, particularly targeting new urban areas in Europe and Asia by the end of 2021.

The funding will support these initiatives, allowing Happn to innovate its services and broaden its user base.