Dating Site Scores Enormous Series A Funding

How About We FoundersThe last time HowAboutWe was featured here at New York Tech Blog the founders were still introducing themselves via a compact 30-second elevator pitch. Four months later and news has broken that the co-founded romance venture has just secured a hefty $3.1 million in series A funding thanks to RRE Ventures, who tapped the right angels to join the round including Josh Kushner and George Kliavkoff.

What makes How About We stand apart from most dating sites is it allows prospective daters to come up with interesting places or activities for a date. To put it simply, users just have to finish the sentence “How About We…” The startup has enjoyed good mileage in the mainstream press since its launch and no doubt the exposure helped it secure its latest capital infusion.

The money has already gone into a much needed expansion, with Pivotal Labs alumni John Pignata hopping aboard as CTO. He has since recruited three developers to join the How About We team. The startup is also set to expand its marketing arm as preparation for a much needed expansion beyond New York.

Another golden opportunity on How About We’s horizon is the option of ‘featured date proposals’ that could lead to partnerships with a deal site and local businesses, thus opening up a new revenue stream and fulfilling its expansionist agenda.

But this remains to be seen. In the meantime, how about we…

Via: Business Insider