Posts filtered by tags: Bumble IPO[x]


 

Snack, where TikTok meets dating, gets $3.5 million in funding

After online dating’s tremendous 2020 growth that culminated in last week’s epic Bumble IPO, a new entrant has tossed its hat into the dating app ring. Snack, founded by Kimberly Kaplan, looks to merge the popularity and format of TikTok with the dating world. Kaplan hails from Plenty of Fish, where she was one of the earliest employees at the dating site. She led product, marketing and revenue and was on the executive team that eventually sold PoF to Match Group for $575 million in 2015. Kaplan...
Tags: Social, TC, Apps, Instagram, Tech, Snack, Match Group, Kaplan, Kindred Ventures, Bumble IPO, Kimberly Kaplan, Golden Ventures Garage Capital Panache Ventures


Jigsaw scores $3.7M to slow down your dating swipes

Chalk one up for Jigsaw, an ‘anti-superficial’ dating app, which has scored £2.7 million ($3.7M) in seed funding to put towards US expansion. The round is led by a lead generation company for online dating companies, called The Relationship Corp, with backing from angel investors in the US and UK “primarily” in the tech sector. As the startup’s name suggests, Jigsaw adds a little cryptic fun to the transactional business of swiping photos of other singles in search of dating chemistry in a bid t...
Tags: Fundings & Exits, Apps, UK, London, US, Tech, Dating Apps, Online Dating, Willow, Durrant, Jigsaw, Bumble IPO, The Relationship Corp, Relationship Corp, Alex Durrant, Max Adamski


S&P 500 closes at record as investors weigh encouraging labor-market data and stimulus prospects

A trader works on the floor of the NYSE in New York Reuters The S&P 500 closed at a record high Thursday as investors weighed encouraging jobless claims and stimulus prospects.Dating app Bumble soared 85% on its first day of public trading.Federal regulators are probing the GameStop trading phenomenon, the Wall Street Journal reported.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.The S&P 500 closed at a new high on Thursday as investors hoped the labor market coul...
Tags: US, Trends, Markets, Bank Of America, Joe Biden, Reddit, Stocks, Fidelity, Nancy Pelosi, Bumble, Nasdaq, Wall Street Journal, Robinhood, Dow, S&P 500, Gamestop


A stock analyst breaks down how Bumble can justify its IPO price and compete with dating-app behemoth Match Group

Beata Zawrzel/NurPhoto via Getty Images Bumble has a path to justify its IPO price, says New Constructs CEO David Trainer,. The dating app will need to sweep up market share in order to compete with Match Group, he said. Bumble debuted on the Nasdaq on Thursday, popping 85% when shares began trading. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.  has a path to justify its IPO price if the dating app increases revenue and continues to take up market share, New Co...
Tags: Trends, Markets, David, Barclays, Bumble, Match Group, ARPPU, David Trainer, New Constructs, Emily Graffeo, Beata Zawrzel NurPhoto, Bumble IPO, Bumble Stock, Bumble stock price, Bumble public debut, Getty Images Bumble


Bumble spikes 85% in trading debut after $2.2 billion IPO

Vivien Killilea/Getty Images for Bumble Bumble surged as much as 85% on Thursday as the dating app's stock made its public-market debut.The company raised $2.2 billion in a Wednesday IPO, offering 50 million shares for $43 each.Bumble's user count soared to 42 million in the September quarter, up 22% from the year-ago period.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Dating app Bumble surged as much as 85% on Thursday as shares publicly traded hands for the fi...
Tags: Ipo, Trends, Markets, Bank Of America, Citigroup, Goldman Sachs, Dating Apps, Bumble, Initial Public Offerings, Dating App, Bumble Bumble, Vivien Killilea Getty, Ben Winck, Bumble IPO, BMBL, Bumble Stock


Extra Crunch roundup: 500 Startups’ demo day, smart SaaS pricing and much more

Demo days at startup accelerators are a pretty big deal around here. These events aren’t just a chance to review the latest cohort of hopeful entrepreneurs — they also showcase the technology, products and services that will compete for VC and consumer attention over the next few years. You never know where a hit will come from, which is why these events capture our attention. Here’s just one example from Y Combinator’s Summer 2013 Demo Day: Positioning itself as the “FedEx of today,” it hopes...
Tags: Startups, TC, Europe, Education, Okta, Tech, Best, Artificial Intelligence, SaaS, Venture Capital, Public, Alex, Robinhood, Lightspeed Venture Partners, Union Square Ventures, Databricks


Bumble IPO could raise more than $1B for dating service

On the heels of private companies Robinhood and Databricks each raising $1 billion or more yesterday, Bumble is out with a new IPO filing this morning indicating that it wants to raise ten figures as well. The relationship-finding service where women reach out first will go public on the heels of strong public debuts in December by companies like Airbnb, DoorDash and C3.ai and Qualtrics and Poshmark lighting the way in January. The Exchange explores startups, markets and money. Read it every mo...
Tags: Social, Fundings & Exits, Startups, TC, Apps, Tech, Bumble, Blackstone, Match Group, Exchange, The Exchange, Airbnb DoorDash, Bumble IPO, EC Newsletter, EC Consumer Applications, Robinhood and Databricks