← Back to the club

Bumble

Dating/SocialUSA
New to Unitard
πŸ“‰ Public < $1B
PeakΒ $8.18 BillionToday
βˆ’95%
from peak
  1. πŸ¦„
    Became a unicorn
    2019
  2. πŸ“ˆ
    Peak valuation
    $8.18 Billion ’21
  3. πŸ’”
    Became a Unitard
    ~2024
  4. πŸ’Έ
    Last valuation
    ~$437M
Current status
Public (BMBL)
Live Β· BMBLΒ· NasdaqGS
as of 2026-09-21
$2.85β–Ό 4.04% today
β‰ˆΒ $437 Million market cap Β· βˆ’94.7% from peak

The rise & fall

7 moments Β· 2014–2025

The key moments, with employee sentiment along the way.

2014
Founded in Austin
Whitney Wolfe Herd launches the dating app where women make the first move.
Wikipedia
2019
Blackstone values it in the billions$3B
Blackstone takes a majority stake in parent MagicLab at a ~$3B valuation, with Wolfe Herd running the group.
Reuters
Feb 2021
The peak: IPO above $8B$8.18B
Prices at $43 a share as Wolfe Herd becomes the youngest female founder to take a US company public.
CNBC
2024–25
Back-to-back deep layoffs
Slowing user growth and weakening monetization bring two sweeping rounds of cuts in successive years.
TechCrunch
2024
Slips out of the club
The market cap sinks below $1B as the stock drifts toward single digits.
stockanalysis.com
From the inside Β· Glassdoor reviews, 2023–25
Glassdoor reviews from the decline described the churn that came with it: a C-suite that turned over almost annually, strategy reset every few months under each new leadership team, layoff rounds employees put at roughly 30% apiece in 2024 and 2025, and once-generous perks pared back year after year as morale slid with the stock.
Today
Still in the club β€” and still trading
Live Β· BMBL Β· NasdaqGSas of 2026-09-21
$2.85β–Ό 4.04% todayβ‰ˆ $437M cap Β· βˆ’94.7% from peak

πŸ’¬ entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor β†—; dated facts carry their source.

How it happened

Bumble operates the women-first dating app of the same name and went public in 2021 at a valuation above $8B, with shares debuting around $43. Slowing user growth, intensifying competition, and weakening monetization drove the stock down to roughly $3.26 by 2026, cutting its market cap to about $0.42B β€” a fall of roughly 95%.

Source: Capital.com/StockAnalysis

Founder

  • Whitney Wolfe Herd
    founder & CEO
    No public profile matched

More from the club

Same fate Β· post-IPO market cap decline
Root Insurance$6.7BVroom$5BBlend Labs$4BRiskified$3.5BThredUp$1.8B
πŸ¦„