Bumble, an Austin-based women-led startup which is on a mission to fix 21st-century romance damage, established the intent to go open way back in January this coming year.
Bumble applications for IPO
On March 11, Thursday, the stocks of Bumble set out trading on Nasdaq beneath ticker expression “BMBL.” The dating application team, which in fact had listed its share at $43 per communicate, traded upward nearly 77% at $76 per show. They closed marketing with an industry cap near $7.7 billion.
Launched by Whitney Wolfe Herd in 2014, Bumble certainly is the 1st software to create online dating, friend-finding, and career-building into an individual online community platform. Notably, Whitney Wolfe crowd (31) may be the youngest feminine president taking the corporate public. Additionally, she furthermore joined the list of female proprietors whom led IPOs contains Katrina river (Stitch Fox) and Julie Wainwright (TheRealReal).