Islamic Lifestyle 

Muzmatch wins $7 mln Series A funding, parts ways with co-founder

| 27 July, 2019
 Staff Writer
Muzmatch wins $7 mln Series A funding, parts ways with co-founder
FILE PHOTO: Muzmatch co-founders Shahzad Younas and Ryan Brodie. Photo supplied by Muzmatch
 

Muslim relationship app Muzmatch has won $7 million in Series A funding led by returning investor Y Combinator, and Luxor Capital.

Co-founders Shahzad Younas and Ryan Brodie both broke the news on their LinkedIn pages on Friday.

This funding takes the UK start-up’s investments to just under $9 million.

It first won $1.8 million in seed funding in 2017 from a mix of Silicon Valley investors, including the famous accelerator Y Combinator, to which it was accepted into in the summer of the same year.

Co-founder Brodie said he has sold his stake in the start-up and will be parting ways with Muzmatch.

“This is not from a lack of faith—on the contrary—it’s simply the right time for me to move on to startup number 4 now with the capital to take big risks,” Brodie wrote on his LinkedIn page.

Younas and Brodie started Muzmatch in April 2015. It hit the one million user mark in January this year.

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