Mobile dating app Clover nets $7 mln in Jackson-led deal
Toronto-based mobile on-demand dating service Clover has closed a $7 million equity and convertible debenture financing. Jackson Investment Group, a U.S. private investment firm, led the round. Launched in 2013 by Isaac Raichyk, the startup's CEO, Clover has so far helped streamline the dating process for 4 million mobile users, most of them based in the United States and in the 18-to-34 age group. The company, which is also backed by Social Starts, plans to use the funds raised to expand its team, launch new features, and accelerate user acquisition.
17 January 2018•2 mins read
