Lovewick, An App for Couples, Raises $1 Million Pre-Seed

<p><strong>SAN FRANCISCO<&sol;strong> &&num;8212&semi; <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;lovewick&period;com&percnt;2F&amp&semi;esheet&equals;52578419&amp&semi;newsitemid&equals;20220214005133&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Lovewick&amp&semi;index&equals;1&amp&semi;md5&equals;9937550c4ab1061a49821268c77e710d" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Lovewick<&sol;a>&comma; a new app that helps couples stay in love once they’ve found it&comma; announced on Valentine&&num;8217&semi;s Day it has raised &dollar;1 million in pre-seed funding led by Corazon Capital&comma; a fund managed by former Match Group&comma; Tinder&comma; and OkCupid executives&comma; and joined by other notable investors including Leadout Capital and Gaingels&period; The company aims to fill the gap between dating apps and couples’ therapy&comma; helping couples &OpenCurlyDoubleQuote;work on” their relationships using tech that’s both fun and evidence-based&period;<&sol;p>&NewLine;<p>Lovewick’s app includes a question card game&comma; community-generated date ideas&comma; research-based tips&comma; and a place to keep &OpenCurlyDoubleQuote;forget-me-nots” like coffee orders&comma; shoe sizes&comma; and anniversaries&period; While many apps optimize for time on screen&comma; Lovewick uses technology to help couples meaningfully connect offline through new conversations and experiences&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Unlike dating apps&comma; Lovewick uses tech to help people who&&num;8217&semi;ve found love&comma; keep it&period; Over 40&percnt; of Americans have met a romantic partner online&comma; but the 150 million Americans <i>in<&sol;i> relationships have few options to help them make their love last&comma;” says Ali Maggioncalda&comma; Founder and CEO of Lovewick&period; &OpenCurlyDoubleQuote;Research suggests that relationship satisfaction declines over time without intention&comma; and so Lovewick helps couples be mindful in love and also navigate &OpenCurlyQuote;modern love’ dynamics like being long distance&comma; dual career&comma; queer&comma; or intercultural without it feeling intimidating&period;”<&sol;p>&NewLine;<p>Lovewick has been a hit on <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;tiktok&period;com&percnt;2F&percnt;40withlovewick&percnt;3F&percnt;2529&amp&semi;esheet&equals;52578419&amp&semi;newsitemid&equals;20220214005133&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;TikTok&amp&semi;index&equals;2&amp&semi;md5&equals;ffc8a470e21c15d4e0a68862cb066910" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">TikTok<&sol;a>&comma; attracting over 100&comma;000 registered users organically since January 2021 and garnering millions of views&period; &OpenCurlyDoubleQuote;TikTok has become an unexpected yet powerful tool for people to learn about and share relationship advice&comma;” says Maggioncalda&period;<&sol;p>&NewLine;<p>According to <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;ibisworld&period;com&percnt;2Findustry-statistics&percnt;2Fmarket-size&percnt;2Fdating-services-united-states&percnt;2F&amp&semi;esheet&equals;52578419&amp&semi;newsitemid&equals;20220214005133&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;IBISWorld&amp&semi;index&equals;3&amp&semi;md5&equals;d6797fc06310fb3c50a2217ad0471e4f" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">IBISWorld<&sol;a>&comma; the 2021 US dating services market size is &dollar;5&period;3 billion&period; Lovewick bets that the couples’ space is worth significantly more&semi; they estimate that Americans in relationships spend ~ &dollar;80 billion a year on dates and gifts alone&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Lovewick has brought innovation to helping couples go beyond the match and nurture their relationships&comma;” says Sam Yagan&comma; co-founder of Corazon Capital&comma; former CEO of Match Group&comma; and co-founder of OkCupid&period; &OpenCurlyDoubleQuote;I believe in the product Lovewick has built&comma; and the early traction proves that it works&period;”<&sol;p>&NewLine;

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