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if(we)

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Life, biz, tech and more from if(we), formerly known as Tagged, Inc.

San Francisco, United StatesFounded 2004eCommerce & Marketplaces
Valuation $0–100M Latest valuation · 2017
Revenue $10–50M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for if(we) and the history behind them.

About if(we)

if(we) operated as a social and mobile technology company, functioning as an incubator for new social applications from its base in San Francisco, California. The company's history began as Tagged Inc., which was co-founded in 2004 by entrepreneurs Greg Tseng and Johann Schleier-Smith. They aimed to create a social discovery service for meeting new people, which became profitable in 2008 and saw significant revenue growth. In a strategic shift in October 2014, the parent company rebranded to if(we) after acquiring the social messaging startup Tinode. This move marked a change in focus towards incubating new mobile software, while continuing to operate its successful platforms, Tagged and hi5.

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The company's portfolio was diverse, centered on connecting people. Tagged, its flagship product, was designed as a social discovery network for dating and making new acquaintances, incorporating social games to encourage interaction. Another significant platform was hi5, once a top-tier social network, which if(we) acquired in December 2011 and integrated with Tagged's features while maintaining it as a separate site. The company also developed other applications, including Nod, an iOS messaging app with customizable avatars, and Swoon, an Android-based dating app with a swipe-style interface.

The business model focused on a freemium approach, where basic social networking was free, and revenue was generated through advertising, subscriptions for premium features (VIP access), and in-app purchases like virtual gifts or currency for games. This model proved successful, with the company reporting $44 million in total revenue for 2016. In March 2017, if(we) was acquired by MeetMe (now The Meet Group) for $60 million in cash. The acquisition was a strategic move by The Meet Group to expand its global portfolio of mobile social discovery platforms, adding if(we)'s 10.6 million mobile monthly active users to its own. Following this acquisition, The Meet Group itself was later acquired in 2020 by ParshipMeet Group, a major player in the online dating market.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2004
Headquarters
San Francisco, United States
Employees
35
Open positions
None listed
Dealroom signal
67.6/100
Industry
Event Tech, Jobs Recruitment
Sector
eCommerce & Marketplaces, Social, Advertising, App
Business model
Marketplace & ecommerce
Client focus
b2c
Investment activity
6 companies, latest Jan 2017
Capital deployed
Preferred round
ACQUISITION

Latest news

Press, funding announcements and product moves mentioning if(we).

See all news

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONExit Mar 2017 $60M $60M Undisclosed
LATE VCEquity / VC Aug 2012 $15M $60M Comerica Bank
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020
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Growth signals

if(we) website traffic

Latest recorded traffic for if(we) is 790 monthly website visits, up 79.5% over the last three months. if(we)'s team declined 2.8% over the past year.

Latest monthly visits790 3-month web change+79.5% 1-year team growth-2.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • Reid Hoffman
  • Lighthouse Capital Partners

Series A1 investor entered at this stage

Series B and later2 investors entered at this stage

  • Leader Ventures
  • Comerica Bank

Other known investors2 additional known investors

  • Green Egg Ventures
  • Raj Kapoor
Team profiled 69 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇺🇸 United States77.8%
🇧🇪 Belgium11.1%
🇨🇦 Canada11.1%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about if(we) on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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