Despite a broader general decline in mainstream dating platforms, Raya continues to chart its own path with a combination of scarcity, curation, and cultural cachet. A Wall Street Journal report notes that the invite-only app has amassed a staggering 2.5 million-person waitlist, even as its actual user base remains small – reported in the low six figures.
For Gen Z users – widely skeptical of conventional dating platforms – Raya’s exclusive model is especially potent. The app’s curated pool, which prioritizes privacy, intentional connection, and discretion, resonates deeply with a demographic fatigued by superficial swiping culture. According to internal data, 85–90 percent of user activity on the platform remains dating-related, meaning that many users are actively looking for dates far more than anything else.
Raya’s CEO and founder, Daniel Gendelman, maintains that rapid expansion would dilute what sets the app apart. He emphasizes that “lots of people … aren’t on it – but want to be,” and credits its premium experience for sustained growth: annual revenue increases of more than 50 percent and profitability since 2021.
Raya’s high bar for admission, limited marketing, and reliance on word-of-mouth defy the volume-based growth models that would normally be dominating the market. Whether or not this will stay consistent in the long term isn’t clear, but Raya’s entire model makes it a very close fit for the swiped-fatigued preferences of many current dating app users.
