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Anti-Tinder dating app Once lands $5.6M for ‘revolutionary concepts’

Anti-Tinder dating app Once lands $5.6M for ‘revolutionary concepts’

Dating app Once receives $5.6 million in funding for its revolutionary concepts in the online dating market.

While most dating apps encourage quick hook-ups without any real substance, Once offers its users the unique chance to find true love and meaningful relationships, differentiating it from the pool of apps currently exhausting the market.

For this reason, the app’s popularity has soared since its launch in February of last year, and its users appreciate the “let’s take it slow” dating approach. This has attracted investors like France’s Partech VC firm who believed in Once’s innovation so much that they invested twice.

“This is a great achievement in the first year of launching our slow dating concept,” said Jean Meyer, CEO and Founder at Once,” adding, “we are delighted that Partech Ventures believe in Once and recognize the potential our app has globally to continue reforming the dating scene around the world. This is our second round of seed funding with Partech and adds to the four million euros we have already raised previously from Partech and private investors.”

The way the app works is you are sent a profile of your potential significant other that is only available for 24 hours. You have one day to see if your passions align based on your interests, which are first calculated by an algorithm that places your matches in a small pool of potential candidates, and from that pool an actual human “matchmaker” picks your match for the day based on good-ol’-fashioned gut instinct.

One of the more inspirational applications behind the app’s social technology is the “match based on heartbeat.” If you have a wearable gadget like a FitBit or a pulse belt, Once’s system compares your heartbeat after viewing your potential sweetheart’s profile with your regular heart rate and tells you if the suggested partner makes you excited. Based on that, the matchmakers at Once then introduce you to similar people to the ones you liked.

The technological innovations, along with the industry-smashing concepts are what keep investors coming back for more.

Romain Lavault, General Manager at Partech Ventures commented on the latest investment.

Dating is a really exciting space for us as it attracts massive audiences from all around the world. Once has a unique approach to serious dating which creates a much more lifelike experience for users, more human and much less Tinder-esque! We look forward to supporting Jean Meyer and his team in on-boarding many more millions of users for Once globally.”

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  1. ardenghifer@gmail.com'

    Fernando Ardenghi

    September 1, 2016 at 9:53 PM

    “France’s Partech VC firm who believed in Once’s innovation so much that they invested twice”
    hahaha, Will Once dating app be the next SmartDate?

    COMPATIBILITY is: STRICT PERSONALITY SIMILARITY and not “meet other people with similar interests”.

    WorldWide, there are over 5,000 -five thousand- online dating sites
    but no one is using the 16PF5 (or similar) to assess personality of its members!
    but no one calculates similarity with a quantized pattern comparison method!
    but no one can show Compatibility Distribution Curves to each and every of its members!
    but no one is scientifically proven! No actual online dating site is “scientifically proven” because no one can prove its matching algorithm can match prospective partners who will have more stable and satisfying relationships -and very low divorce rates- than couples matched by chance, astrological destiny, personal preferences, searching on one’s own, or other technique as the control group in a peer reviewed Scientific Paper for the majority (over 90%) of its members.
    but no one can show you a list of compatible persons like this:
    ( for a prospective male customer / sample but calculated with real values)
    “Over 1,000,000 million women database, here is the list of the 12 more compatible with you. Notice that woman#1 is the most compatible with you but she could be more compatible with other men right now.
    woman#01 is 95.58476277% compatible
    woman#02 is 95.56224356% compatible
    woman#03 is 95.52998273% compatible
    woman#04 is 94.18354278% compatible
    woman#05 is 93.00453871% compatible
    woman#06 is 93.00007524% compatible
    woman#07 is 92.99738452% compatible
    woman#08 is 92.37945551% compatible
    woman#09 is 92.29779173% compatible
    woman#10 is 92.27114287% compatible
    woman#11 is 92.19515551% compatible
    woman#12 is 92.12249558% compatible”

    The only way to revolutionize the Online Dating Industry is using the 16PF5 normative personality test, available in different languages to assess personality of members, or a proprietary test with exactly the same traits of the 16PF5 and expressing compatibility with eight decimals (needs a quantized pattern comparison method, part of pattern recognition by cross-correlation, to calculate similarity between prospective mates.)
    High precision in matching algorithms is precisely the key to open the door and leave the infancy of compatibility testing.

    Without offering the NORMATIVE 16PF5 (or similar test measuring exactly the 16 personality factors) for serious dating, it will be impossible to innovate and revolutionize the Online Dating Industry

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Tim Hinchliffe is a veteran journalist whose passions include writing about how technology impacts society and Artificial Intelligence. He prefers writing in-depth, interesting features that people actually want to read. Previously, he worked as a reporter for the Ghanaian Chronicle in West Africa, and Colombia Reports in South America. tim@sociable.co

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