Bumble, the dating app where women make the first move to swipe left or right, was featured in a Fox Business article discussing the company finding a match on Wall Street with its IPO. The article, published Feb. 8, 2021, reads, “Shares opened at $76 per share and change, after pricing at $43, the high end of the $37-$39 range. The Austin-based company’s shares trade under the symbol ‘BMBL’ on the NASDAQ. Shares are rising in a down market as well. Bumble’s valuation is nearing $80 billion based on early trading. Investors snapped up the dating app, raising $2.2 billion, more than the $1.8 billion expected as noted in its Securities and Exchange Commission filing.” Founded by Chief Executive Officer Whitney Wolfe Herd in 2014, Bumble has amassed 42 million average monthly users and 2.4 million users who pay for its subscription.
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About Bumble Inc.
Bumble is the parent company of Badoo and Bumble, two of the world’s highest-grossing dating apps with millions of users worldwide. The Bumble platform enables people to connect and build equitable and healthy relationships. Founded by CEO Whitney Wolfe Herd in 2014, the Bumble app is one of the first dating apps built with women at the center, and the Badoo app, which was founded in 2006, is one of the pioneers of web and mobile dating products. Bumble currently employs over 600 people in offices in Austin, Barcelona, London, and Moscow. For more information about the company, visit www.Bumble.com.
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