Lagos Angel Network (LAN), SSE Angel Network and SGC7375 – three networks, have announced their investment in Trueflutter, a matchmaking app designed specifically for Africans across the world.
This is a move that highlights a growing trend of collaboration among Angel Networks in Africa.
Trueflutter is built for African singles who are searching for long term relationships and life partners.
It is designed to be compatible with African culture and value systems, using an advanced matching algorithm, powerful filters and high-end security features to help users find love.
Speaking about LAN’s involvement, Bunmi Lawson said, “Our goal is to discover, coach, and fund entrepreneurs that are using technology to solve real-life problems while capturing untapped value in the market.
“For many eligible singles in Africa, finding a compatible partner can often prove to be a prolonged and daunting experience; we are confident that Dare’s team has created the right product to address this.”
Dare Olatoye, Trueflutter’s co-founder and CEO said, “We strongly believe that people should never settle in relationships and have set out to help Africans across the world find life partners.
“We know our people, understand their preferences and have put that knowledge into building the world’s most culturally compatible matchmaking app.
“The backing of these Networks is an important milestone in our mission to make Trueflutter platform available to Africans globally.
“The investment will help us accelerate our ambitious growth plans and take it to Africans across the globe.”
Also speaking, Tokoni Amiesimaka a member of SSE Angel Network said – “We are pleased to support Dare and his team’s customer-centric approach and focus on building a secure, culturally-intelligent, and globally accessible dating platform for Africans.
“With the widespread adoption of digital social platforms, we believe our investment will empower the Trueflutter team to help African singles, especially millennials, to initiate and build lasting relationships online.”
David Harper, member of SGC7375 Angels on his part said, “My group is very happy to be part of investors taking Dare and his Team to the next phase of their successful product.
“We feel it is important to support young African entrepreneurs in their products that ultimately fulfill a need and reward the hard work that goes into creating them”
In a statement, Tomi Davies, president, African Business Angel Network and Advisory Board Member at Trueflutter said “In the Post-Covid era, it is more important now than ever before to back startups that have anti-fragile products and business models.
“With limited public gatherings and social distancing, Trueflutter is in a unique position to help users continue to make meaningful connections. I am very excited by the traction the platform has experienced recently as well as the team’s long-term vision.”
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