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Members set up a profile, upload photos and can then search through profiles to find a good match. It uses a compatibility matching system to link up people with complementary personalities and lifestyles and has worked with millions of users over the past 15 years.Our is a unique dating site specifically catered to people over 50.
Dressed in matching red love heart suits, they entered the Dragons’ Den with the hope of securing £75,000 in exchange for a 10% stake in the app.
Speaking about their financial situation, Mac Donough said: “By the time we went to film Dragons’ Den we only had £2.36 in our bank account and owed about £7,000.
“I was impressed by their ingenuity and I feel that they have a unique offering in an otherwise saturated market.” Since appearing on the show, the app has almost doubled its user base, brought its tech team in-house and has opened a second office in Scotland.
Double has also started to develop an Android version of the app, and with help from Jenkins, its founders have secured further investment from Bebo founder Michael Birch, who has previously invested in LGBTQ dating app Her.
“We weren’t taking salaries either so just living was getting quite difficult.
For quite some time, Ben was even living under my stairs in true Harry Potter style!
However by year three, the founders are hoping to have a user base of 4.5m, a gross profit of £2.4m, and a net profit of £1.3m.
And after the amusing pitch, the founders received offers from three Dragons – Nick Jenkins, Deborah Meaden and Touker Souleyman.
It works with special algorithms that match users with potential dates.