Skip to content
Subscriber Only
Markets

Dating App Bumble Aims for $8 Billion Value After IPO Boost

  • Blackstone-backed company plans to raise up to $1.8 billion
  • Bumble is set to start trading before Valentine’s Day
The Bumble Trading Inc. website on a smartphone.

The Bumble Trading Inc. website on a smartphone.

Photographer: Gabby Jones/Bloomberg
Updated on

Bumble Inc., the dating app where women make the first move, is targeting to raise as much as $1.8 billion from its U.S. initial public offering after boosting the size of the deal.

The company plans to sell 45 million shares for $37 to $39 apiece, it said in a filing Monday with the U.S. Securities and Exchange Commission. Bumble previously indicated it would look to sell 34.5 million shares at $28 to $30.