
Juleo
AI-powered matchmaking club for verified singles.
Date | Investors | Amount | Round |
---|---|---|---|
* | $2.5m | Angel | |
Total Funding | 000k |
Juleo operates a members-only platform for singles seeking meaningful relationships, positioning itself as an alternative to traditional dating and matrimony apps. The company was founded in 2023 by Varun Sud and Chiranjeev Ghai and is headquartered in Gurugram, India. The founders were inspired by traditional Indian matchmaking to create a more responsible and healthier approach to modern dating that fosters genuine, real-life meetings.
The platform's business model is based on membership subscriptions, with fees starting from a 30-day trial to premium plans that offer priority matching. To ensure a safe and trusted environment, Juleo verifies all members through government ID and video using India Stack. This verification process, along with a members' code of conduct and a trust score, is central to the platform's value proposition.
A key feature is the personal AI Matchmaking Genie, a virtual assistant that curates profiles and facilitates introductions, aiming to reduce dating app burnout. The service emphasizes privacy, particularly for its female members, whose profiles are private by default and are only shared with men they approve of. This approach saves male members time and energy by connecting them only with women who have expressed interest in meeting. In August 2024, Juleo announced it had raised $2.5 million in an angel funding round from over 180 investors, including the founders of Livspace, CRED, and Acko. The funds are intended for team expansion, growth, and marketing efforts.
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