Social Discovery Ventures, a global tech company uniting more than 40 brands, an investment fund, and a venture studio, has announced its rebranding to Social Discovery Group.
The company’s venture studio is renamed to SDG Lab.
Social Discovery Group is global, with U.S. offices in San Francisco and Los Angeles. It has 11 offices across five continents and a team of more than 700 professionals serving 250+ million users across 100 countries.
Founded in 1993, Social Discovery Group started to shape the future of the dating industry with Dating.com and other online dating platforms. This pool of products was united in Dating Group — a global group of matchmaking services giving people a chance to chat, match up and find love worldwide. Since then, the company has acquired CupidMedia, DilMil, Once, and other niche dating products, each with a unique platform tailored to different communities defined by interest, geography, and demographics. Today, Dating Group is operating more than 40 brands with 75+ million messages sent by their users daily.
Social Discovery Group has also launched a $50 million VC fund, across the globe, exclusively in the Dating and Social Discovery eco-system. The fund is entertaining multiple levels from Seed rounds to Series B opportunities. S’More and Props products are among the company’s investments.
The company’s venture studio SDG Lab builds new social and entertainment apps such as Journey, XOXO, Magnet, Tubit, Bam Bam, and other products based on new principles of communication and a focus on video streaming, AI technologies, and game mechanics.
FinSMEs
05/01/2023