Alven and DN Capital in $8m series-A for Happn

The investment will allow Happn to expand its headcount from 25 to 50 and launch its service in more cities; initially Chicago, Los Angeles and Sydney.

Earlier this month, Alven led a €5.5m funding round for Capitaine Train, a French train ticket booking platform.

Company
Launched in March 2014, Happn is a dating app that uses smartphones' GPS functionality to match users with people they have crossed paths with. It operates on a freemium model, allowing people to use the app for free but pay for additional chat features. The business has a headcount of 25 and its service is currently available in Paris, London, Berlin, Barcelona, Madrid and New York.

People
Didier Rappaport is co-founder and CEO of Happn.

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• Topics
• Expansion
• France
• Technology
• France
• Alven Capital
• DN Capital