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Online dating site Zoosk just filed its S-1 registration statement with the SEC, announcing its plans to raise 0 million in an initial public offering.
The idea is that the more data it has, the better its recommendations get.
As part of the filing, Zoosk provided details of its global business, which includes 26 million members worldwide and 650,000 paying subscribers across 80 countries at year-end 2013.
That’s up from the 18 million registered members and 483,000 paying subscribers a year earlier.
While it started out on the web, the company has been successful in capturing mobile users, as it’s reached the position of #1 grossing dating app and a top 25 grossing app on the Apple App Store.
At the same time its subscriber numbers have grown, revenues increased 63 percent from 2012 to 2013, rising from $109.1 million to $178.2 during that period.