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by Taylor Soper on 5, 2017 at 11:36 am April 7, 2017 at 7:23 am april
Noise the security for ladies searching for one thing aside from conventional relationship apps: Siren is shutting straight down.
The Seattle-based application, which billed it self as an option to websites such as for instance Tinder and Match.com with a concentrate on empowering ladies, is shutting its doorways after operating https://fdating.reviews/ away from cash.
Siren co-founder Susie Lee penned an article Tuesday detailing the causes for the organizationâ€™s shutdown. She noted that Blackrun Ventures, which year that is last $225,000 as an element of Sirenâ€™s seed round, had never â€œcompleted their obligation.â€
â€œInstead, we received tiny, unpredictable quantities, utilizing the other investors courageously stepping forward,â€ Lee penned. â€œThrough the commitment of the committed individuals we had been in a position to carry on development, nevertheless we’re able to never prepare beyond a couple of months, hindering growth, milestones, and brand new financing possibilities.â€
In a job interview with GeekWire, Lee said that â€œall closing docs have been finalized, but never finished their dedication.â€
â€œInstead, they issued tiny, unpredictable tranches, frequently with months in the middle, despite sometimes daily requested updates and repeated assurances,â€ Lee noted.
Blackrun Ventures, which spent as an element of its investment that is women-focused arm nevertheless lists Siren on its profile web page. Weâ€™ve reached away into the company to get more details and certainly will upgrade this post once we hear straight back. Modify: on, Blackrun responded to GeekWire and provided this statement friday: