Bumble is a social networking company that operates a location-based dating app empowering women to make the first move. It was founded in 2014 by Whitney Wolfe Herd, who previously co-founded Tinder. Bumble is headquartered in Austin, Texas and has additional offices in London, Moscow, and Sydney. As of 2021, the company has over 1,500 employees worldwide.
In February 2021, Bumble went public on the NASDAQ stock exchange with an initial public offering (IPO) that raised $2.2 billion, making it one of the largest tech IPOs led by a woman. According to its financial reports, Bumble's revenue for 2020 was $582.2 million, an increase of 19% from the previous year. The company has a market capitalization of around $13 billion as of April 2023.
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