Since receiving half a million dollars from an angel investor in 2016, Feeld says that it has remained profitable without any additional external support. Recently, Feeld has also made the leap to IRL, hosting 31 in-person socials worldwide this year, with about 200 attendees at each. Feeld would not share how many active users it has or how many times the app has been downloaded. From 2021 to 2022, average weekly active users on Feeld grew by 90 percent, and the app is on track for 65 percent growth in weekly active users this year, according to the company. In that regard, Feeld is doing “exceedingly well,” said Lexi Sydow, head of insights at data.ai, a mobile data and analytics provider.

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Persons: Feeld, Bumble, Grindr, Morgan Stanley, ”, Lexi Sydow, Sydow