Bumble considers going private at $1B valuation

Dating app company Bumble is reportedly in talks to be taken private in a deal with Ithaca Holdings. The company’s valuation has been around $335 million but the buyout would value the company, founded by Whitney Wolfe Herd, at $1 billion. Wolfe Herd was a co-founder of Tinder before founding Bumble in 2014 and taking it public in 2021. She would remain involved, according to the Wall Street Journal, as part of the Ithaca deal.