migme

migme

One of the world's largest social entertainment platforms, offering chatrooms, miniblogs and virtual gifts to members.

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$6.2m

Post IPO Equity
Total Funding000k
Accel
Accel(exited)
Redpoint
Redpoint(exited)
DCM
DCM(exited)
More about migme
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Mig.me operates as a social networking platform primarily focused on casual hookups and dating. The platform allows users to chat, video chat, and message each other at any time, providing a versatile communication tool for its users. The service is available on both iOS and Android devices, making it accessible to a broad audience.

Mig.me serves a diverse range of clients, including singles looking for casual relationships or potential dates. The market for online dating and hookup apps has seen significant growth, and Mig.me capitalizes on this trend by offering a user-friendly and feature-rich platform.

The business model of Mig.me includes a freemium approach, where basic membership is free but supported by advertisements. Users have the option to upgrade to a paid membership to remove ads and gain additional features. This dual revenue stream of ad-supported free users and subscription-paying members allows the company to maximize its earnings.

Mig.me generates revenue through these advertisements and subscription fees, making it a profitable venture in the competitive online dating market.

Keywords: social networking, casual hookups, dating app, chat features, video chat, messaging, iOS, Android, freemium model, ad-supported.

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Investments by migme

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LoveByte
ACQUISITION by migme Oct 2014
alivenotdead.com
ACQUISITION by migme Feb 2014
Shopdeca
ACQUISITION by migme Apr 2016