Aug 28 2008
SpeedDate Gets Six Million In Funding
By Jeremy Schoemaker
49 comments 
Today on Techcrunch there is a article about SpeedDate.com and how they just got 6m in funding.
ShoeMoney readers might remember about this time last year I interviewed Dan from speeddate.com about his new startup:
I love stories like this. When I originally met Dan he was looking for just a small amount of seed money… just to help him get it going. And now its big time. Congrats to them!
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This actually sounds like fun… I’d participate AND invest with it
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Gossip Reply:
September 1st, 2008 at 1:25 pm
Actually that is a lucky guy,
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Read that also this am in Techcrunch. That is an amazing amount in a short period.
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Jewellery Reply:
August 30th, 2008 at 3:14 am
Sites have gained more then this before leaving stealth mode. Its a decent chunk for the service being provided.
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great concept but i dont know if they reach eharmony status or even match.com status. why folks are picky with who they are communicating with on dating sites . and a great portion of folks on dating sites arent very good looking,have flaws, lack of selfesteem etc….. this site forces you to have 1-1 interactions where such flaws cannot be hidden through building up your profile to be more then you really are ,photoshopping, or stealing someone else pics. the reason why eharmony is so successful is 1.the folks on there are serious about dating 2.good marketing 3,good user experience 4.paid service. if this site can draw serious folks who are serious about dating it could be something special but i fear it will be nothing but a toy to the 18-28 demographic mostly female crowd
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Congrats to these guys! The dating space is so hot right now, and there is money flying everywhere. I hope they can get some good traction and make some money.
Also congrats to shoe for not copying and pasting the whole techcrunch story even though he has “permission”
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stevewrightaz Reply:
August 28th, 2008 at 12:23 pm
Seriously. There’s a ton of money to be had in the online dating scene. This guy is taking a pretty new approach and using a ton of video so that you can’t really fake it.
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That’s very good news. Shows you that VC’s are not afraid of the economic slump we;ve been since 2007..
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Jewellery Reply:
August 30th, 2008 at 3:14 am
Thats because they created their funds before the slump.
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Cool, congrats to those guys. Nice site. That is one of those ideas where you kick yourself for not thinking of it first.
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Actually, I should be getting $6 in funding soon too. Oh wait, you said $6 MILLION. I mis-read…lol.
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Le Melon Reply:
August 28th, 2008 at 1:06 pm
haha
Nice site! With those ads in the sidebar, I’m sure you’re not getting less than $6
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It’s great when a good idea can find funding, I thought it was a clever idea when you first posted it but Dan never actually says you chat via webcam (though he implies it).
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It’s always fun to see the little guy hit it big time! *6 million* whoa….
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6 million is pretty good for this type of web site.
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Dick Reply:
August 29th, 2008 at 6:42 am
I think this is good when people can quickly get a successful project. This provides an opportunity to feel confident.
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they got the money now, let’s see what they will do with them
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How??? How does someone get seed money or millions in investment capitol? Where did he find the money or find someone to listen to his idea?
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Genius idea for a dating website.
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Dick Reply:
August 29th, 2008 at 6:45 am
I think that any idea which brings his master 6 million, there is a good idea. I would even say that this is a fantastic idea. -)))
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Wow! This is awesome! Six million in funding is not bad at all! Cool idea too!
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This is great news considering that venture capitol is not falling off trees as it once was.
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I myself don’t see the appeal in online dating and meeting people for love online but it seems like it is a niche that converts well and there is a hell of a lot of money in it.
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Thats a nice chunk of change. Way to go speeddate.com!
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That’s alot of seed money!
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Thats awesome and congrats to them. They grew tremendously large
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That’s a great starting point for them, hopefully now they can turn that into a huge ROI. Not an easy feat these days but there’s hope for everyone.
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great. Now girls are going to know I’m a wierdo right off the bat. I think I’ll stick to stalking teenie bops on myspace.
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dating has always been fun… now with the funding… its gonna rock…
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Now not to mention speedy funding here…
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That is actually a pretty cool idea - sad, but cool.
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6 million funding is simply gr8 hope he makes right use of the bucks
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It’s an interesting concept but I don’t think it’s a viable business in itself. I think if it begins to take off you’ll see it incorporated by the bigger players into there site.
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‘t was a great idea, but as has been said, can easily be duplicated by the bigger sites if they wanted to. Still, he’s already got the funding
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Matt Reply:
August 30th, 2008 at 5:46 am
To further my comment above - if he was looking to be successful I’d be using the site as a proof of concept but I’d be looking to package the idea as a product for the bigger sites.
If you make it easier and more cost effective for them to buy it from you instead of develop there own then you’re onto a winner.
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Congrats to him! Success stories make me happy.
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Excellent, now they just need an affiliate program!
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Jewellery Reply:
August 30th, 2008 at 3:12 am
Expect one in the next couple of months. I’m sure they’ll be rolling one out now that they have some serious funding.
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Congratulations to them, and to their awesome budget! Imagine $6m *drool*
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It is always nice to hear another success stories like this..
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good job guys, dreams do come true!
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Given the number of closet romantics around, such a site is bound to succeed.
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LOL now this is my kind of dating!! Online and fast!
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yaaaahoooo - a way to go :)!
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It amazes me some of the sites that are getting funded.
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Some dating sites make big coin, 99% do not earn a penny.
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it’s very hard to compete with the big boys when it comes to online dating , 6m seems like a penny compared to big dating sites budget.
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People including me often dream of doing interviews of great men.Any way cool video
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