2RedBeans is a Silicon Valley-based startup, established in 2010, that aims to facilitate meaningful relationships among marriage-minded Asian singles. The company operates globally, with offices in Los Angeles, New York, Seattle, Shanghai, and Guangzhou. Its services include an online dating platform catering to international Asians, as well as offline matchmaking and relationship consultation services focused on the Chinese population in several countries. With a female-first approach, 2RedBeans leverages AI, big data, and blockchain technology to enhance user experience and security.
With a significant emphasis on education and achievement, the platform boasts a membership where over 94% hold a college degree or above, with 76% having a master's degree. This reflects the target audience's demographic and aspirations. As of the last investment round in October 2014, 2RedBeans secured $2.30M in seed funding from notable investors including TSVC, StartX, PreAngel, and Silicon Valley Growth Syndicate.
Supported by prominent figures such as Match.com founder Will Bunker and institutions like Stanford StartX Fund and F50, the startup has also earned recognition as the exclusive collaborator for major Chinese dating TV shows. This strategic alliance not only enhances its brand visibility but also underscores its influence in the Asian dating market. Furthermore, 2RedBeans' incorporation of blockchain technology into its matchmaking ecosystem demonstrates the company's commitment to innovation and inclusivity.
Despite the competitive nature of the social media industry, 2RedBeans' unique positioning as a platform for marriage-minded individuals, coupled with its technological integration, presents an intriguing value proposition for potential investors seeking opportunities in the dating and relationship sector.