Bumble Inc. — BrandWiki

Bumble Inc.

Overview

Bumble Inc.

type	Public
traded as	nasdaq: BMBL
industry	Online dating
founded	2014
founder	Whitney Wolfe Herd
hq location city	Austin, Texas
hq location country	United States
area served	Global
key people	Whitney Wolfe Herd (CEO) Ann Mather (chair)
brands	Badoo, Bumble
revenue	US$1.07 billion (2024)
operating income	US$-700 million (2024)
net income	US$-557 million (2024)
assets	US$2.52 billion (2024)
equity	US$1.35 billion (2024)
num employees	1,200 (2024)
owner	Blackstone Inc. (27%)<BR>Whitney Wolfe Herd (12%)
website	https://bumble.com
footnotes	‡R1R‡‡R2R‡

Bumble Inc., headquartered in Austin, Texas, is a holding company that owns Bumble, Badoo, and BFF,[3] all of which are online dating and social networking apps.

History

The company was founded as MagicLab by Andrey Andreev and launched Badoo in 2006.[4][5]

In 2014, Whitney Wolfe Herd founded Bumble shortly after leaving Tinder, where she was a co-founder and VP of Marketing. Badoo co-founder and CEO Andrey Andreev encouraged her to start a new dating app and brought her on as a partner in MagicLab. Andreev retained 79% ownership in the company for an investment of $10 million, along with additional investments, consulting services, and use of Badoo's infrastructure; Wolfe Herd served as CEO and received a 20% ownership stake.