LemonSwan raises seven-figure sum in seed financing round
Hamburg, July 21, 2020 – LemonSwan, the online dating agency for long-term relationships, announces seven-figure financing. The fresh capital will help the Hamburg-based company achieve profitability by early 2021 – after only two and a half years on the market.
LemonSwan is on the road to profitability
Even during the crisis, LemonSwan recorded further growth in premium memberships, thereby retaining additional new customers who have come to know and appreciate the virtual matchmaking service in recent months. This growth, which bucks the general trend, also convinced investors, who are showing confidence in the LemonSwan® principle despite widespread crisis-related investment freezes.
The current group of shareholders is participating in the investment, in particular BPO Capital, which is expanding its stake. LemonSwan's management also participated in the financing round.
“Thanks to the outstanding work of the LemonSwan team, LemonSwan will have developed into a profitable company by early 2021 in less than three years. This is an enormous achievement that proves that the digital matchmaking market continues to grow and that there is great demand for alternative services,” says Jens Schumann, Chairman of the Advisory Board of LemonSwan and founder of Tipp24.
“The fresh capital from our shareholders is a sign of confidence. With this investment, we will continue to drive our mission forward. Profitability will enable us to continue to grow and expand internationally,” said LemonSwan CEO Sabine Schöler, commenting on the successfully completed financing round.
About LemonSwan
LemonSwan is a dating agency for long-term relationships that aims to make online dating more enjoyable, especially for women. Founded in 2017 by Arne Kahlke and Paul Uhlig and based in Hamburg, the company uses a scientifically based personality test, the LemonSwan® principle, to provide tailor-made partner suggestions. The trademark of the young company is the swan—because these animals are faithful to their partners for life. For more information, visit www.lemonswan.com
LemonSwan press team:
