In December, New Orleans-based dog dating app startup Dig announced it was launching an equity crowdfunding campaign with online portal Netcapital, allowing users to contribute a minimum of $99 for a piece of the company.
Now, the startup has been named a Top Deal by KingsCrowd, independent, equity crowdfunding research and rating service. The post-money valuation at the time of the rating at the end of January was $4.6 million.
“Dig is filling a gap in the dating app market with a customized solution for dog lovers, which is a surprisingly large market opportunity. We were also impressed by what the Dig female founding team has been able to accomplish to date,” said Chris Lustrino, Founder and CEO of KingsCrowd.
According to Lustrino, KingsCrowd has a robust due diligence process that helps them select the top deals across all equity crowdfunding portals.
KingsCrowd published a feature on their website about Dig, what they call, “Bumble for dog lovers.”
We’re at an exciting intersection of two fast-growing industries, pet technology and online dating, and we truly have the world’s best team. We’re dedicated to dogs and love, and we’re raising funds in order to scale nationally and bring Dig to more people.