The dating app industry has experienced steady growth as mobile technology continues to reshape how we connect. Innovations in location-based services and enhanced safety features will make it easier for people to find their ideal match.
The global dating app market was valued at $8.5 billion in 2023
Wavecrest plans to invest in dating apps that focus on niche markets, interests or demographics, particularly those offering personalised experiences through AI and advanced matchmaking algorithms.
To expand our portfolio and diversify into underexplored segments of the market, we will target dating apps with strong user bases and unique features that need improvements in UX or monetisation.
We aim to develop dating apps that enhance real-time interaction and AR-based experiences such as virtual dating. Our focus will be on creating platforms that create deeper connections while offering robust privacy and security features.
