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Badoo invested in this new project — the new project became Bumble.” The company also stressed that the investment is from both sides, enabling Bumble to not simply fundraise, but to “strategically tap into the wealth of experience held by Badoo as a global market leader”.
But before we dig a little deeper into Badoo’s relationship with Bumble, here’s a quick recap of Bumble’s founding story, which goes something like this: After Wolfe controversially left Tinder, including filing a lawsuit against the company for sexual harassment and workplace discrimination, she begun thinking about a new startup idea, a social network for young girls, focused on positivity. The two met up in around August of 2014 and, after realising they both had a similar vision for where online dating could go next, a partnership was formed.
A recent company filing for Bumble Holding Limited — the U.
K.-registered entity behind Bumble — shows the exact equity breakdown of the company.
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