Exit / M&A
Company
Bumble
Austin
Funding history
-
IPO : $55,000,000
Investors
Every investor coverage indicates participated in a round Bumble raised.
Who bought Bumble
The transaction that ended Bumble's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| - | IPO | Feb 2021 | ~$16.8b | SmartCompany (Tue 16 Feb 2021), SmartCompany (Fri 12 Feb 2021) |
What Bumble bought
Companies Bumble acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
People
| Name | Role | Sources |
|---|---|---|
| Andrey Andreev | Founder | SmartCompany, Women's Agenda |
| Michelle Battersby | First Australian Employee (former) | Startup Daily, Blackbird Ventures, Missing Perspectives, SmartCompany |
| Michelle Kennedy | Exec (former) | Startup Daily (Thu 17 Mar 2022), Startup Daily (Fri 26 Mar 2021) |
| Whitney Wolf Herde | Founding Chief Executive Officer | Blackbird Ventures, Missing Perspectives |
| Whitney Wolfe Herd | Chief · Founder | The Age Business, SmartCompany, Women's Agenda |
Coverage
Stories naming Bumble. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Funding announcement
Sunroom Co-Founder Michelle Battersby on knowing your strengths and the power of intuition
Interview with Sunroom co-founder Michelle Battersby on her path from Citibank and Bumble to Kic and Sunroom; Blackbird partner Nick Crocker recalls backing the company.
Funding announcement
Sunroom Co-Founder Michelle Battersby on knowing your strengths and the power of intuition
Interview with Sunroom co-founder Michelle Battersby on her path from Bumble's first Australian employee and Kic CMO to founding the creator platform, plus investor Nick Crocker on backing the team.
Funding announcement
From SaaS to SaiS: A River of Inquiry into how AI is unlocking vertical SaaS
A Blackbird partner argues AI has revived vertical software by turning hard-to-sell customers into product-led buyers, noting the firm recently backed three such startups and recalling Aconex's sale to Oracle.
Also buildxact.com
5 deals
Ignition Lane's Wrap: the state of Cloud, VC advice, Tiger stripes, cattle class crypto, M&A fires up
Weekly tech wrap: cloud-market trends, Tiger Global's cheques into Stake, Shippit and Carma, new VC funds, several acquisitions, grocery delivery startups Send and Quicko collapsing, and Elaine Stead joining M8 Ventures.
Also Startup Daily
Funding announcement
Spotlight On: Lucy Mort, Sunroom
Blackbird profiles Lucy Mort, co-founder and CEO of creator monetisation app Sunroom, covering its origins, her Hinge background, and the seed round's majority-female investor base.
Seed
$3.6m
How former Hinge and Bumble execs built a new platform helping women make money
Profile of Sunroom, a subscription platform letting women and non-binary creators earn from content, started by two dating-app veterans and backed in a seed round by Blackbird.
13 deals
Ignition Lane Weekly Wrap: Australian space takes off, edtech learnings, Facebook hits $1 trillion
Weekly roundup reporting Gilmour Space's raise, several startup funding rounds, KKR's Education Perfect deal, ASX listings, new funds from Accel and the Albert family, and global tech listings and acquisitions.
Also Forbes Australia
2 deals
Micro-influencer startup Tribe raises $5.5 million in pre-IPO capital, amid tech frenzy on the ASX
Australian micro-influencer marketplace Tribe has secured $5.5 million in pre-IPO funding from Saville Capital, Cyan Capital and SG Hiscock, with chief executive Anthony Svirskis weighing an IPO amid strong public-market appetite for tech stocks.
Exit / M&A
Romance is big business: Bumble's Valentine's weekend IPO makes a billionaire of founder Whitney Wolfe Herd
Bumble's IPO valued the US dating app at US$13 billion, making co-founder Whitney Wolfe Herd a billionaire; the piece also recounts Bumble's history and its 2019 majority-stake sale to Blackstone.
Also SmartCompany
Exit / M&A
Bumble's IPO makes Whitney Wolfe Herd a billionaire, and youngest woman to take a tech unicorn public
Bumble's multibillion-dollar IPO makes co-founder Whitney Wolfe Herd a billionaire. The piece recaps the company's origins, its 2019 Blackstone majority-stake deal, and Match Group's announced acquisition of Hyperconnect.