7 million Series A on the trunk of continued momentum for its community sensitive approach to soulmate searching for individuals of the Islamic trust. They have more than 1 now.5M users of its apps, across 210 countries, swiping, matching and chatting online as they look for ‘the one’. 1.75M seed, led by Fabrice Grinda’s FJ Labs, Others and YC.
We first covered the startup two years back when its founders were just graduating from YC. At that time there were two of them building the business: Shahzad Younas and Ryan Brodie – a perhaps improbable pairing in this context, given Brodie’s lack of a Muslim background. He joined after reaching Younas, who acquired stop his job as an investment banker to launch Muzmatch previously. Brodie got excited by the idea and early traction for the MVP. The pair went on to ship a relaunch of the application in mid 2016 which helped snag them a location at YC.
So why do Younas and Brodie unmatch? All of the staying founder can say is that its traders are buying Brodie’s stake publicly. While, in an email on LinkedIn – celebrating what he dubs the “bittersweet” news of Muzmatch’s Series A – Brodie writes: “Separate to the raise I made a decision to sell my stake in the business. Asked what’s harder, finding a steady co-founder or finding a complete life partner, Younas responds with a laugh. “For me personally it’s a fantastic result for him.
I’m genuinely super happy for him. For someone of his age and in those days of his life – now he’s got the power to begin another startup and back again himself, which is amazing. Few people have that opportunity,” he adds. Younas says he isn’t looking for another co-founder at this time of the business. Though he records they have just hired a CTO – “purely because there’s so much to achieve that I want to ensure I’ve got a few people using areas”.
The team is continuing to grow from just four people seven months ago to 17 now. “In terms of a co-founder, I don’t think, always, at this time it’s needed,” Younas tells TechCrunch. “I obviously understand this community a great deal. I’ve equally grown in terms of my role in the ongoing company and understanding various parts of the company. Regardless of the co-founders parting ways that’s no doubting Muzmatch’s momentum.
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“successes” worldwide – which Younas says translates to individuals who have left the app and informed it they do so because they met someone on Muzmatch. He reckons at least fifty percent of those left to be able to get wedded – as well as for a matchmaking application this is the ultimate measure of success. i go I’m reaching individuals who have fulfilled on Muzmatch “Everywhere.
It has been really transformative for the Muslim community where we’ve taken off – which is amazing to see, really,” he says, suggesting the real success metric is “much higher because more and more people don’t reveal”. Nor is he worried about achieving success too, a day leaving because they met someone on the application despite 100 people. “For all of us that’s literally the best thing that can happen because we’ve grown mostly by person to person – people telling their friends I met someone on your app. Muslim wedding ceremonies are big quite, a complete lot of people attend and word does spread,” he says.
Muzmatch was already profitable 2 yrs ago (and still is, for “some” a few months, though that’s not been a focus), which has trained with leverage to concentrate on growing at a pace it’s more comfortable with as a startup. However the plan with the Series A cash is to speed up growth by focusing attention internationally on Muslim bulk markets vs an early focus on marketplaces, including the UK and the united states, with Muslim minority populations.