We’re delighted to share that happn has been acquired by Hello Group Inc. happn is one of the most innovative dating apps on the market, having pioneered hyper-localized matchmaking.
DN Capital first invested in happn at Series A over a decade ago and marks the start of an exciting next chapter for the firm as part of one of the world’s largest location-based social and dating networks.
happn now has 170m users worldwide, and Hello Group’s strategic acquisition will accelerate the app’s implementation in new high potential markets, particularly in Asia and Africa.
Nenad Marovac, partner at DN Capital said: ‘happn’s journey over the past ten years is testament to the power of combining visionary founders with committed, hands-on investors to build great companies. We continue to realise the benefits of our investments in consumer apps and marketplaces as we also look to the enterprise AI companies transforming the industries of the future’.
Hello Group will help happn continue its international expansion and we’re proud DN has been a part of the happn journey over the past ten years.