Sophie Blake
What is Bumble App?
Bumble is one of the best dating apps for mobile devices. Going public in February 2021, its largest markets contributing to lifetime consumer spending include western markets such as the US, UK, Canada and Australia.
Company Overview
| Founder | Whitney Wolfe Herd |
| Founded Date | December 2014 |
| Headquarter | Austin, Texas, US |
| Crunchbase Profile | Profile Link |
| IPO Date | February 2021 |
| Stock Symbol | BMBL |
| Google Play | Store Link |
| App Store | Store Link |
Bumble Revenue Statistics (2022)
Bumble app’s parent company Bumble Inc. is also the parent company of Badoo and Fruitz. The company reports the results of the Bumble app and other apps in separate items. In this article, we have compiled only the Bumble app’s revenue and user statistics.
+ Bumble revenue for Q1 2022 was $211.2 million, up 23.7% as compared to $170.7 million in Q1 2021. The popular dating app reported an app revenue of $155.4 million, up 38% as compared to Q1 2021.
| Bumble App Revenue | |
| Q1 2022 | $155.4 million |
| Q4 2021 | $150.5 million |
| Q3 2021 | $142.5 million |
| Q2 2021 | $127.3 million |
| Q1 2021 | $112.6 million |
| Q4 2020 | $105.8 million |
| 2019 | $240 million |
| 2018 | $190 million |
| 2017 | $100 million |
| 2016 | $10 million |
+ Bumble app ARPU (Average Revenue per Paying User) was $29.18 for the first quarter of 2022.
| Bumble App ARPU | |
| Q1 2022 | $29.18 |
| Q4 2021 | $30.57 |
| Q3 2021 | $30.99 |
| Q2 2021 | $28.81 |
| Q1 2021 | $27.75 |
| Q4 2020 | $27.79 |
+ Bumble revenue for the full year 2021 was $765.7 million. For the fourth quarter 2021, Bumble app revenue increased 42% to $150.5 million.
+ At the end of 2021, Buble surpassed the $1 billion mark in lifetime consumer spending, making it the second biggest dating app by lifetime spend behind Tinder.
Bumble Valuation
| Valuation | |
| 2020 | $8 billion |
| 2019 | $3 billion |
| 2018 | $1.5 billion |
| 2017 | $1 billion |
Bumble User Statistics (2022)
+ Bumble’s number of total paying users increased to 1.77 million for the first quarter of 2022.
| Bumble App Paying Users | |
| Q1 2022 | 1.77 million |
| Q4 2021 | 1.64 million |
| Q3 2021 | 1.53 million |
| Q2 2021 | 1.47 million |
| Q1 2021 | 1.35 million |
| Q4 2020 | 1.27 million |
| 2019 | 0.8 million |
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