At the same time, it’s been a record year for venture funding into still-private startups. While Bumble started off in the dating space, it’s since expanded with features to make new friends and connect with other professionals.This year has been a blockbuster for the IPO markets. Bumble competes with dating giant Match Group, which owns apps and websites like Tinder, Hinge and PlentyOfFish. The female-centric dating app made its public market debut just before Valentine’s Day, raising $2.15 billion and reaching a valuation of $8.2 billion. stock exchanges this year, along with, Innoviz Technologies and Chemomab.īumble’s IPO made founder Whitney Wolfe Herd the youngest woman to take a company public. The company, which is backed by investors including CVC Capital Partners and Viola Ventures, was one of four venture-backed Tel Aviv-based companies to go public on the major U.S. Israel-based ironSource raised $2.3 billion through its IPO, reaching an $11.1 billion valuation.
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