Advice to Whitney Wolfe Herd on Bumble’s $2.5 billion IPO
Davis Polk advised Bumble’s CEO and founder, Whitney Wolfe Herd, in connection with the initial public offering of Bumble and related governance arrangements.
Bumble Inc. is the parent company of Badoo and Bumble, two of the world’s highest-grossing dating apps with millions of users worldwide. The Bumble platform enables people to connect and build equitable and healthy relationships. Founded by CEO Whitney Wolfe Herd in 2014, the Bumble app is one of the first dating apps built with women at the center, and the Badoo app, which was founded in 2006, is one of the pioneers of web and mobile dating products. Bumble currently employs over 600 people in offices in Austin, Barcelona, London and Moscow. Bumble is a portfolio company of The Blackstone Group Inc.
The Davis Polk corporate team included partners Evan Rosen and Shane Tintle and associate Sharanjit Kaur Sandhu. The executive compensation team included partner Jeffrey P. Crandall and associate Charlotte R. Fabiani. The tax team included partner David H. Schnabel and associate Aliza Slansky. The finance team included partner Hilary Dengel and counsel Jonathan B. Brown. All members of this Davis Polk team are based in the New York office.