Coffee Meet Bagel Net Worth (Updated 2025).
Coffee Meets Bagel, a unique dating app, was launched in 2012 by three sisters – Arum, Dawoon, and Soo Kang – in their New York City apartment. The trio, with backgrounds in finance and consulting, identified a gap in the dating app market, where users were overwhelmed with endless swiping and shallow connections. Thus, they created an app that focused on quality over quantity, aiming to facilitate meaningful relationships.
The app’s distinctive feature is its algorithm, which uses Facebook data to suggest a ‘Bagel’ – a potential match – each day at noon. This curated approach, along with the sisters’ personal involvement in vetting users, contributed to its rapid growth. Coffee Meets Bagel gained traction among young professionals seeking serious relationships, and its success led to its expansion across major U.S. cities and beyond.
Coffee Meets Bagel’s Current Net Worth (2025)
As of 2025, Coffee Meets Bagel’s current net worth is estimated to be around $150 million. This dating app, founded by the Arum sisters, has seen significant growth and success since its launch in 2012.
Career
The Arum sisters, Dawoon, Arum, and Soo Kang, are the masterminds behind Coffee Meets Bagel. They started their career as management consultants at McKinsey & Company before venturing into the tech industry. In 2012, they launched Coffee Meets Bagel, a unique dating app that focuses on quality over quantity, using an algorithm that matches users with friends of friends on Facebook.
Other Ventures
Besides Coffee Meets Bagel, the Arum sisters have also invested in other startups. They are part of the investment group, Female Founders Fund, which focuses on investing in women-led companies. Additionally, they have mentored and advised numerous startups in the tech industry.
Assets
Coffee Meets Bagel’s primary asset is its user base, which has grown to over 600,000 users since its launch. The app’s intellectual property, including its proprietary matching algorithm, is another significant asset. The company also owns its headquarters in New York City.
Annual Income
In 2024, Coffee Meets Bagel’s annual income was reported to be around $50 million. The app generates revenue through premium subscriptions, which offer additional features like read receipts and increased visibility. The company has also explored partnerships and sponsored events to diversify its revenue streams.
Frequently Asked Questions about Coffee Meet Bagel
**Frequently Asked Questions: Coffee Meet Bagel Net Worth**
Q1: What is Coffee Meets Bagel?
Coffee Meets Bagel is a dating app that focuses on quality over quantity. It sends users a select number of matches, known as “Bagels,” each day, curated by an algorithm based on the user’s preferences and behavior.
Q2: Who founded Coffee Meets Bagel?
The app was founded by three sisters: Arum, Dawoon, and Soo Kang in 2012.
Q3: How does Coffee Meets Bagel make money?
The app uses a freemium model. It’s free to download and use, but users can purchase premium features, such as additional “Give” (like) credits, profile visibility boosts, and the ability to rematch with expired Bagels.
Q4: What is the net worth of Coffee Meets Bagel?
As of the latest estimates, Coffee Meets Bagel’s net worth is around $100 million.
Q5: How many users does Coffee Meets Bagel have?
As of 2021, Coffee Meets Bagel has over 20 million users worldwide.
Q6: In which countries is Coffee Meets Bagel available?
The app is available in over 100 countries, with a significant user base in the United States, Canada, and Australia.
Q7: What is the average age of Coffee Meets Bagel users?
The app caters to a wide age range, but the majority of its users are between 25 and 35 years old.
Q8: How does Coffee Meets Bagel differ from other dating apps?
Coffee Meets Bagel focuses on quality matches, sending users a limited number of potential partners each day. It also has a unique “Swoon Rewind” feature that allows users to rematch with expired Bagels for a fee.
Q9: Is Coffee Meets Bagel free to use?
Yes, the basic features of Coffee Meets Bagel are free to use. However, users can purchase premium features for an additional cost.
Q10: How does Coffee Meets Bagel protect user data?
The app uses various security measures to protect user data, including encryption, secure server storage, and regular security audits. It also has a dedicated team to monitor and investigate any potential security threats.
