Grindr
World’s largest social network for gay, bi, trans, and queer people.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 Valuation: €0.0 | round | |
| N/A | €0.0 | round | |
* | $350m | Post IPO Debt | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 34 % | 33 % | 16 % | 45 % | 22 % | 20 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 46 % | 24 % | 32 % | 39 % | 43 % | 43 % | 44 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 3 % | - | (21 %) | (44 %) | 23 % | 22 % | 24 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 7 % | 9 % | 11 % | 11 % | - | - | - |
Source: Company filings or news article, Equity research estimates
Related Content
Grindr, launched in 2009, is the world's largest social networking app specifically designed for gay, bi, trans, and queer individuals. The app leverages location-based technology to connect millions of daily users across almost every country globally. Grindr's primary market is the LGBTQ community, providing a platform for social interaction, dating, and networking.
The business operates in the social networking and dating app market, which is highly competitive but also rapidly growing. Grindr distinguishes itself by focusing exclusively on the LGBTQ community, offering a safe and inclusive space for its users. The app's user base is highly engaged, making it an attractive platform for advertisers looking to reach this specific demographic.
Grindr's business model is multifaceted. It generates revenue through several streams:
1. **Advertisements**: Grindr offers various ad formats, including small and medium banners and full-screen interstitials. Advertisers can connect with a highly active and influential queer audience, making it a lucrative advertising platform.
2. **Subscriptions**: The app offers premium subscription services, such as Grindr Unlimited, which provides users with additional features like ad-free browsing, unlimited blocks and favorites, and the ability to see who viewed their profile.
3. **In-App Purchases**: Users can purchase virtual goods and services within the app, enhancing their overall experience.
Grindr also focuses on expanding its influence beyond just a dating app. It engages with social issues, produces original content, and provides resources related to sexual health and safety, further solidifying its role within the LGBTQ community.
In summary, Grindr is a pioneering social networking app for the LGBTQ community, offering a blend of free and premium services, supported by a robust advertising model. It continues to innovate and expand its impact, making it a significant player in the social networking and dating app market.
**Keywords**: LGBTQ, social networking, dating app, location-based, advertisements, subscriptions, premium services, queer community, virtual goods, safety resources.