Play:Date, a homegrowninteractive mobile application, that helps parents build their child\u2019s social circle, has secured an investment partnership with Modus Capital, a hybrid venture capital firm, headquartered in New York.<\/p>\n\n\n\n
This boost of funding will support Play:Date in their journey to further grow the app, by primarily increasing its presence in the Middle East, followed by international expansion plans.Modus Capital will actively assistPlay:Date, by not only investing in them, but also aiding in tech support, management, investor relations, and overall leadership support to become globally competitive.<\/p>\n\n\n\n
Shamim Kassibawi, Founder & CEO of Play:Date, said, \u201cThe opportunity to work with Modus Capital poses exciting expansion opportunities for Play:Date. We decided to work with them as they are not your typical venture capitalist\u2019s that are solely focused on investing, instead they actively assist entrepreneurs by supporting with strategies and high-growth prospects. Additionally, we required a firm that had presence not only in the region but also in the US, as it is currently our biggest market outside the UAE.\u201d<\/p>\n\n\n\n
Kareem Elsirafy, Managing Partner, Modus Capital, said, \u201cWe’re ecstatic to add Play:Date to the Modus Capital portfolio, and support them in their next stage of growth and international expansion. They are tackling a major connectivity and discovery pain-point for early parents that we see a major demand for in both MENA and US markets, and they’re doing so in the most innovative ways. Play:Date as a female founded and predominantly employed company, a cornerstone of Shamim’s startup culture-building, was also a major decisive factor in our decision to invest. We’re keen to support socially impactful companies and Play:Date fit the criteria on multiple levels.\u201d<\/p>\n\n\n\n
Play:Date allows parents to engage with each other based on the interests and personalities of their children, further expanding a parent\u2019s network within the community. Moreover, giving back to the community is a key component of Play:Date\u2019s mission, therefore there is a strong focus on providing families with discount deals, product seeding and complimentary events.The app features various vouchers and offers, exclusive to Play:Date members,giving brands access to a direct channel to connect with their customer base for continued exposure and brand recognition. The app also hosts regular playdate tours at various play areas, and virtually during Covid-19.<\/p>\n\n\n\n
After three years of development and successful market testing in the UAE and the USA, Play:Date is available for download on iOS<\/a> and Android<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Play:Date, a homegrowninteractive mobile application, that helps parents build their child\u2019s social circle, has secured an investment partnership with Modus Capital, a hybrid venture capital firm, headquartered in New York. This boost of funding will support Play:Date in their journey to further grow the app, by primarily increasing its presence in the Middle East, followed […]<\/p>\n","protected":false},"author":1,"featured_media":5234,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-5232","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"rttpg_featured_image_url":{"full":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/PlayDate-App.png",2238,1730,false],"landscape":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/PlayDate-App.png",2238,1730,false],"portraits":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/PlayDate-App.png",2238,1730,false],"thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/PlayDate-App-150x150.png",150,150,true],"medium":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/PlayDate-App-300x232.png",300,232,true],"large":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/PlayDate-App-1024x792.png",1024,792,true],"1536x1536":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/PlayDate-App-1536x1187.png",1536,1187,true],"2048x2048":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/PlayDate-App-2048x1583.png",2048,1583,true],"post-thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/PlayDate-App.png",543,420,false],"graptor-sq-xs":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/PlayDate-App.png",100,77,false]},"rttpg_author":{"display_name":"admin","author_link":"https:\/\/web3unplugged.io\/blog\/author\/admin\/"},"rttpg_comment":0,"rttpg_category":"Uncategorized<\/a>","rttpg_excerpt":"Play:Date, a homegrowninteractive mobile application, that helps parents build their child\u2019s social circle, has secured an investment partnership with Modus Capital, a hybrid venture capital firm, headquartered in New York. This boost of funding will support Play:Date in their journey to further grow the app, by primarily increasing its presence in the Middle East, followed…","_links":{"self":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/5232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/comments?post=5232"}],"version-history":[{"count":1,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/5232\/revisions"}],"predecessor-version":[{"id":5235,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/5232\/revisions\/5235"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media\/5234"}],"wp:attachment":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media?parent=5232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/categories?post=5232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/tags?post=5232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}