PlanetRomeo Net Worth $7 million
PlanetRomeo, also known as Romeo, is a social network for gay, bisexual and transgender people. The site was started as a hobby and was called GayRomeo in October 2002 by Planetromeo GmbH in Berlin, Germany. It was initially only available in German but has evolved into an international sphere. The ROMEO website, iOS app and Android app are commonly used by the male gay community to find friends, dates, love or get informed about LGBT+ topics.
Initially, the site was available only in German and hence it used to have a majority of users being from German-speaking countries, such as Germany, Austria, and Switzerland. The website and apps are currently available in 6 languages. The German-speaking community remains the largest community but not the majority. It has been operated by Planetromeo B.V. located in Amsterdam, Netherlands since September 2006.
