• Group Dating Startup Ignighter Raises $3 Million

    Thursday, February 10th, 2011

    Leena Rao currently works as a writer for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. She graduated from Columbia University in 2003, where she was... → Learn More

    Ignighter, the group dating site that is part of the TechStars class of 2008, has raised $3 million in Series A funding from a number of well-known investors. This brings the company’s total funding to $4.2 million.

    The round was led by Point Judith Capital with GSA Venture Partners, Founder Collective, GTI Capital Group, Hugo Enterprises, Rajan Anandan, David Cohen, Dave Tisch, Kal Vepuri, Peter Lehrman, Nihal Mehta and other angels participating.

    Ignighter is an online dating site but with a slight twist. Ignighter allows groups of friends to collaborate on a group profile, where they can include photos and specify their interests. The site then presents a list of possible matches with other groups and helps them arrage get-togethers in the real world. The idea behind the site is to make romantic matches but in a group setting where awkward situations can be avoided.

    While it seems like an orthodox model for online dating, Ignighter says that it is growing by “hundreds of thousands” of new users each month and has a registered userbase in the millions.

    Website: stepout.com
    Launch Date: 2008
    Funding: $6.64M

    StepOut (formerly Ignighter) is an Indian social networking service that allows users to meet users in their area based upon common interests and location .

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