Bumble Inc
instrument_page_subtitle
instrument_page_trade_online_at
general_info_on Bumble
about_the_company
name
Bumble
industry
Social Networking
employees
501 - 1000
founding_year
2014
ticker
Bumble
filing_information
ipo_file_date
11/02/2021
nr_of_shares
45,000,000.00
price
$37 - $39
exchange
NASDAQ
bookrunners
Goldman Sachs, Citigroup
Who is Bumble?
Bumble is a social app which facilitates communication between interested users. It was founded by Whitney Wolfe Herd, the co-founder of Tinder, and it was launched in December 2014.
Bumble IPO statistics
Bumble is looking to raise as much as $1.8 billion through this initial public offering, seeking a valuation higher than $7 billion.
For its initial public offering, Bumble chose Goldman Sachs and Citigroup as main underwriters and Morgan Stanley and JPMorgan as additional bookrunners.
What is Bumble’s target valuation?
According to Reuters, after Bumble increased the price-range of its much-awaited stock market debut, the company is now aiming for a valuation of more than $7 billion when it goes public.
Basic info about Bumble
- It is based in Texas, and operates in 150+ countries
- It is the second most used dating app in the US after Tinder
- Bumble is the owner of Badoo, a popular dating app in Latin America and Europe
- Bumble launched its lifestyle magazine called Bumble Mag in April 2019
Sources: reuters.com, techcrunch.com
summary
ticker
BMBL
price
$37 - $39
exchange
NASDAQ
bookrunners
Goldman Sachs, Citigroup
key_points
ipo_quick_overview Bumble ipoBumble
Monthly Active Users as of Q3 2020
42.1 million
Paying Users YTD September 2020
2.4 million
Messages sent YTD September 2020
36.1 billion
ipo_trading_online
sneak_peak Bumble ipo sneak_peak
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status
ipo_status_available
ipo_date
11/02/2021
price
$37 - $39
previous_ipos
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most_aniticipated_ipos_of_2022
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