Rivet Bags $10.5 Mn From Peak XV, Others To Scale Dating Platform In US

Dating app company Rivet has secured $10.5 million in seed funding from investors including Peak XV Partners, Shine Capital, and Blume Ventures. This financing will enable Rivet to further develop its community-based matchmaking platform and expand its operations across the United States. Rivet, which officially launched its US service recently, is headquartered in Delhi NCR with a majority of its engineering and machine learning teams located in India.

The company was co-founded in 2025 by Taru Kapoor and Rajat Sahni, both former executives from Tinder and Match Group respectively. Rivet's unique "social matching" model relies on community recommendations to suggest potential matches to users. Users can sign up as "matchers" to evaluate possible pairings, contributing to a social matching score.

Popular matches are then introduced to each other, with both parties deciding independently whether to engage. Individuals who are not looking to date can join as matchers, contributing to the platform without seeking connections themselves. Former Tinder and OkCupid CEO Elie Seidman is among Rivet's early investors, having guided Kapoor during the startup's development.

Rivet positions itself against traditional dating and matchmaking apps like Tinder, Hinge, Bumble, The League, and Wingman, emphasizing the importance of community involvement in its expansion strategy. The company's approach aims to alleviate user frustration with swiping through profiles without finding a genuine connection, offering an alternative that prioritizes recommendations from trusted sources.