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Bumble Reportedly Files Confidentially For IPO

Dating app has filed confidentially for an IPO, reported Friday.

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The company reportedly plans to go public in February, possibly around Valentine鈥檚 Day, and could aim for a valuation between $6 billion and $8 billion, according to the report.

Austin-based Bumble is one of a number of popular dating apps to emerge in recent years, competing against and . The app is meant to be female-centric, with women making the first move. Since the company launched in 2014, it鈥檚 expanded beyond dating to Bumble BFF, where users can go to find friends, and Bumble Bizz, which is meant for professional networking.

and are among Bumble鈥檚 investors, according to 附近上门.

Bumble鈥檚 confidential filing is among a number of companies to file confidentially late this week. Coinbase and UiPath also recently said they filed confidentially to go public, and on Thursday Poshmark publicly filed its S-1 registration statement.

All told, the IPO pipeline in early 2021 is shaping up to be robust with , , , , and now Bumble all contenders to go public. also plans to go public through a direct listing by summer 2021, reported earlier this week.聽

Next year鈥檚 likely momentum follows a busy 2020 for IPOs that occurred despite economic uncertainties caused by the COVID-19 pandemic. Although there was a lull in the tech IPO market in the first weeks of the pandemic, it eventually picked up. Some of the oldest unicorns and most anticipated IPOs have hit the public markets this year, including big data analytics company and home rental and accommodations giant .

Illustration: Li-Anne Dias

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