General info on Bumble IPO
About the company
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NameBumble
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IndustrySocial Networking
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Employees501-1000
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Founding year2014
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TickerBMBL
Filing Information
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IPO file date11/02/2021
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No. of shares45,000,000
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Price range$37-$39
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ExchangeNASDAQ
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BookrunnersGoldman Sachs, Citigroup
IPO Details
About Bumble
Bumble was founded in December 2014 by Whitney Wolfe Herd, Tinder’s co-founder, and is based in Austin, Texas. It is a social app that facilitates communication between interested users.
IPO figures
By going public, Bumble’s looking to raise $1.8 billion. Goldman Sachs and Citigroup are the main underwriters, while Morgan Stanley and JPMorgan operate as additional bookrunners.
Valuation
Bumble was aiming for a total market valuation of over $7 billion.
Bumble: what you need to know
- Operates in more than 150 countries
- The second most used dating app after Tinder, in the US
- Owns Badoo, a dating app popular in Latin America and Europe
Sources: techcrunch.com, reuters.com
Summary
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TickerBMBL
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IPO file date11/02/2021
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Price range$37-$39
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ExchangeNASDAQ
Key elements
Find out the most essential numbers for Bumble IPO
Monthly active users as of Q3 2020
Paying users YTD September 2020
Messages sent YTD September 2020
Past IPOs
Browse details of other companies that already went public
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