bumble
Bumble
  • Bumble publicly filed a form S-1 for an IPO with the Securities and Exchange Commission on Friday.
  • Bumble confidentially filed IPO paperwork with the SEC in 2020.
  • Whitney Wolfe Herd, a co-founder of Tinder, launched the dating-app company in 2014. 
  • Visit Business Insider’s homepage for more stories.

Bumble publicly filed for an IPO on Friday.

The dating company filed a form S-1 for its IPO with the Securities and Exchange Commission, revealing the company is looking to trade under the symbol BMBL on the Nasdaq.

The filing reveals Bumble generated $488.9 million in revenue in 2019, representing a 35.8% year-over-year growth. The firm generated $376.6 million in revenue between January 29, 2020 and September 30, 2020.

Bumble has 42 million monthly average users and 2.4 million paying users, per the filing.

Bumble confidentially filed IPO paperwork with the SEC in 2020, and Bloomberg reported it planned on going public in February of this year.

Whitney Wolfe Herd, a co-founder of Tinder, launched the dating-app company in 2014. The app is unique by requiring women to initiate conversations with men within 24 hours of a match.

This is a developing story. Check back at businessinsider.com for more details.

Read the original article on Business Insider