Dating app Juleo raises $2.5 Mn from 180 angels, including 7 unicorn founders

Dating app Juleo has raised $2.5 million in an angel funding round from over 180 investors which includes Ramakant Sharma, founder of Livspace; Kunal Shah, founder of CRED; Ruchi Deepak, co-founder of Acko; Leo Puri, ex-chairman of JP Morgan India; and Harsh Jain & Lalit Keshre, founders of Groww.

The proceeds will be used for building the team as well as for growth and marketing efforts.

Founded in 2023 by Chiranjeev Ghai and Varun Sud, Juleo offers a more responsible and healthy approach to modern dating and matrimony by fostering genuine, real-life meetings. 

Juleo offers club membership for users via app, which is available on the App Store and Play Store. The platform claims that it uses India Stack to ensure every member is Govt ID + video verified. On tha app, each member gets a personal (AI) matchmaking ‘Genie’ that shares curated profiles and takes over the responsibility of setting up first meetings with other club members who are their type.

As per Juleo, it keeps womens’ profiles private by default, ensuring their safety from stalking by nosy colleagues and relatives, and they can choose to make themselves visible only to men they like.