Online dating site Zoosk files for $100M IPO

|By:, SA News Editor

Zoosk, an online dating platform claiming 26.4M members and 650K subscribers, has filed for a $100M IPO under the symbol ZSK. The underwriters: BofA/Merrill, Citi, RBC, Oppenheimer, and William Blair.

Zoosk tries to differentiate itself in a crowded market by leveraging behavioral data to form connections. The company has users in 80 countries, and claims to have the top-grossing iPhone dating app in the U.S.

2013 revenue totaled $178.2M (+63% Y/Y), and net loss $2.6M. Competitors include InterActiveCorp's (IACI) Match, OKCupid, and Tinder properties. Tinder was reportedly valued at $500M in a recent transaction.

Prospectus

This was corrected on 04/17/2014 at 12:30 PM. The post previously stated Zoosk's 2013 revenue was $153.9M. While subscription revenue was $153.9M, total revenue was $178.2M.