Originally conceptualized in New York City, CoffeeMeetsBagel.com is a service focused on giving women a more pleasant online dating experience. The brand was created by sisters Soo, Dawoon, and Arum Kang and a team of developers from San Francisco. All three sisters are successful entrepreneurs and Harvard grads! But back to CMB…
The team started asking women what they needed from an online dating experience and trying to bring that perfect product to marker. The Coffee Meets Bagel app officially launched in April of 2012 for users in New York City and before the end of that year would also launch in Boston and San Francisco.
More Coffee Meets Bagel (CMB) Resources
How is Coffee Meets Bagel Different?
There a literally thousands of online dating services out there. What makes the Coffee Meets Bagel app any different? There are really 2 things we need to look at to answer that and that’s user intent and the CMB process. So let’s do that!
CMB User Intent
Most singles on CoffeeMeetsBagel.com are looking for serious relationships not flings and casual hookups. According to their staff “Over 91%”. If you’re tired of matching with other singles who don’t have long term goals for the relationship this puts CMB in a completely different realm from services like Tinder.
CMB Matchmaking Process
Of course, we know Coffee Meets Bagel is not the only brand with a focus on lasting love. Brands like eHarmony, Zoosk, and others have been set on serious online dating for years. This is where the process comes in. On those other sites, you’re responsible for making the matches. You reach our to singles and singles reach out to you and you hope that something clicks.
The Coffee Meets Bagel app takes a different approach and acts as more of a matchmaker. They use algorithms to give you a selection of 5 daily matches that you can choose from. The idea is that by doing this you encounter fewer singles who don’t share your goals or let’s be honest are just plain creepy.
In the end, it’s completely up to you which process you prefer, but we always encourage users to weigh all their options:
The Coffee Meets Bagel App on Shark Tank
On January 9th, 2015 ABC aired season 6 episode 13 of Shark Tank, and the world was introduced to the Kang sisters.
At this point, CoffeeMeetsBagel.com was nearly 3 years old and according to the trio had “between 100,000 and 500,000 users”. This is a number the sisters would not elaborate on any further fearing it could jeopardize the success of their business.
The bottom line was the Coffee Meets Bagel app handled a lot of money in the previous years, but despite growth still showed negative profit margins.
Naturally, the next step was to get investors and expertise; a shark you might say?
The Kangs recognized that the Coffee Meets Bagel app has a ton of growth potential and asked for a $500,000 loan in exchange for 5% equity in their company. This would mean the implied value of the company would be 10 million dollars! None of the sharks bit at their offer but in an interesting turn of events, Mark Cuban countered saying he would buy the company for 30 million dollars (3x the implied value).
In the end, they failed to reach an agreement but left Shark Tank with a new zeal to make their brand explode. Dawoon Kang said, “At the end of the day we knew we made the right decision”. The CMB app has since raised millions in funding through various campaigns and continued to grow without the help of a shark.
Coffee Meets Bagel FAQ
We hope you enjoyed our updated Coffee Meets Bagel review! We’re going to wrap things up with some common questions from users about the CMB app. As always let us know if there’s anything we missed or if you still have unanswered questions!
Is Coffee Meets Bagel Free?
The core features of the Coffee Meets Bagel app are free! This means you can join and chat with suggested matches without paying for a subscription or “buying beans”.
Who Sends the First Message on the Coffee Meets Bagel App?
The initial goal of the CMB app was to create an option for women where they wouldn’t get bombarded with crude or unwanted messages. For this reason, no messaging will take place until the woman is interested in the match and initiates it.
Does Coffee Meets Bagel Have a Lot of Users?
Over 10 million for sure! The exact number of total users on the Coffee Meets Bagel app has always been kept a bit vague, but co-founder Dawoon Kang did publicly confirm CMB hit 10 million users in 2019 and the brand has continued to grow since then. You can see that full interview here.
Is CMB Good for Long-Term Relationships?
Yes! Coffee Meets Bagel is a great place to meet partners seeking commitment and long-term romance.
What If I Am Just Looking for a Short-Term Hookup?
If you are looking for a fling or something less serious, you might prefer a swipe-style app like Tinder.