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Company Directory - Bumble Inc.

Company Details - Bumble Inc.

Bumble Inc. Logo

Bumble Inc.

Website

NASDAQ: BMBL 

Bumble is a dating app that allows women to make the first move in their dating experiences, thus empowering users with greater control and involvement in their interactions and relationships.

CCI Score

CCI Score: Bumble Inc.

-5.82

0.01%

Latest Event

Bumble Joins Coalition to Combat Child Sexual Exploitation

Bumble Inc., the dating app known for empowering women in dating, has become the first dating app company to join the Technology Coalition, a group of tech firms including Amazon, Google, and others. The coalition is focused on preventing and combating child sexual exploitation online. Bumble has also signed on to the Voluntary Principles that commit to high-level measures against online abuse, aligning its business practices with a strong ethical mandate.

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COLLABORATOR

Bumble Inc. is currently rated as a Collaborator.

-5 to -9 CCI Score
In this category, companies align with authoritarian practices mainly to avoid trouble or regulatory conflict. Their compliance is driven by self-preservation, resulting in minimal resistance even as they participate in oppressive systems.

Latest Events

  • Bumble Joins Coalition to Combat Child Sexual Exploitation Logo
    NOV
    01
    2024

    Bumble Inc., the dating app known for empowering women in dating, has become the first dating app company to join the Technology Coalition, a group of tech firms including Amazon, Google, and others. The coalition is focused on preventing and combating child sexual exploitation online. Bumble has also signed on to the Voluntary Principles that commit to high-level measures against online abuse, aligning its business practices with a strong ethical mandate.

  • +80

    Business Practices and Ethical Responsibility

    April 7

    Bumble's decision to join the Technology Coalition highlights a robust commitment to ethical business practices by actively combating online harms, particularly child sexual exploitation. This move supports marginalized communities and fosters accountability within digital platforms.

    Bumble Joins Technology Coalition Fighting Child Sex Abuse

  • +70

    Technology and Services Impact

    April 7

    By joining a coalition of leading technology companies, Bumble is using its platform to actively promote a safer digital environment and combat online child sexual exploitation. This action reflects a positive technological and social impact aligned with progressive values.

    Bumble Joins Technology Coalition Fighting Child Sex Abuse

  • Bumble's Anti-Racist Initiatives Logo
    NOV
    01
    2024

    Bumble publicly committed over $1M in donations to anti-racist organizations and implemented several internal reforms including matching employee donations, additional paid time off, and a pilot coaching program for underrepresented groups, along with auditing its app using AI in partnership with the ADL to identify hate speech.

  • +60

    Public and Political Behavior

    April 7

    Bumble’s public commitment by donating over $1M to organizations fighting systemic racism and supporting Black communities shows proactive political behavior aimed at combating white supremacy and authoritarian policies.

    Inside Bumble’s $1 Million-Plus Commitment to Fight Anti-Black Racism

  • +50

    Labor Relations and Human Rights Practices

    April 7

    Bumble’s initiatives to improve internal policies, such as matching employee donations, offering flexible and paid time off for grieving and recovery, and launching a pilot coaching program for underrepresented groups, reflect a strong commitment to ethical labor practices and worker rights.

    Inside Bumble’s $1 Million-Plus Commitment to Fight Anti-Black Racism

  • +40

    Provision of Repressive Technologies

    April 7

    The company is auditing its app and deploying artificial intelligence to identify hate speech and extremist symbols in collaboration with the Anti-Defamation League, showing a proactive use of technology to mitigate online hate and promote an inclusive digital environment.

    Inside Bumble’s $1 Million-Plus Commitment to Fight Anti-Black Racism

  • Bumble Layoffs Cut 30% of Workforce Logo
    FEB
    29
    2024

    Bumble Inc. announced layoffs cutting over 30% of its global workforce (over 350 employees) during its Q4 2023 earnings report. This restructuring move has raised concerns regarding the company’s commitment to worker rights and fair labor practices.

  • -60

    Labor Relations and Human Rights Practices

    April 7

    Mass layoffs that reduce the workforce by 30% significantly undermine job security and worker rights. From an anti-fascist perspective that champions labor protections and equitable working conditions, this decision represents a negative step in ethical business practices.

    Bumble Layoffs Cut 30% of Workforce, Gen Z Over Dating Apps

  • Bumble Workforce Reduction amid Financial Turbulence Logo
    FEB
    27
    2024

    Bumble announced a significant restructuring by laying off approximately 350 employees—around 30% of its workforce—following disappointing Q4 2023 financial results. The cuts come as the company seeks to revamp its product strategy with an emphasis on AI and enhanced safety features, raising concerns regarding its commitment to workers’ rights.

  • -40

    Labor Relations and Human Rights Practices

    April 7

    The decision to cut 350 employees, representing nearly 30% of the workforce, undermines worker security and raises serious concerns about the company’s commitment to upholding labor rights and equitable treatment. From an anti-fascist and pro-worker perspective, such drastic layoffs can erode support structures for marginalized workers and contribute to corporate practices that prioritize short-term financial performance over long-term social responsibility.

    Bumble cuts ~350 employees as dating apps face a reckoning

  • Bumble Settles with New Jersey Over Misleading Screening Disclosures Logo
    FEB
    23
    2024

    Bumble, Inc. has agreed to pay $315,000 and alter its business practices after allegations that it misrepresented or failed to disclose its criminal background screening policies for New Jersey users, in violation of state consumer protection and internet dating safety laws.

  • -40

    Business Practices and Ethical Responsibility

    April 7

    Bumble's failure to accurately disclose its criminal background screening policies constitutes a lapse in ethical business practices, misleading consumers and violating New Jersey's consumer protection and internet dating safety laws. The enforced settlement and mandated changes highlight the company's problematic business conduct, which undermines consumer trust and accountability.

    Bumble Faces Penalty for Failing to Disclose If Its Dating App Suitors Include Criminals

  • Bumble Settles Consumer Protection Allegations Logo
    FEB
    21
    2024

    Bumble Inc. will pay a $315,000 civil penalty and update its public disclosures regarding its criminal background screening policies to settle allegations of misrepresentation that violated New Jersey consumer protection and internet dating safety laws.

  • -60

    Business Practices and Ethical Responsibility

    April 7

    Bumble's failure to accurately disclose its criminal background screening practices represents a significant lapse in ethical business practice. The settlement not only imposes a financial penalty but also forces the company to change its disclosures, highlighting a pattern of misrepresentation that undermines consumer trust and safety. This is a negative indicator of responsible business conduct.

    AG Platkin: Bumble Inc. to Pay Civil Penalty and Change Public Disclosures to Resolve Allegations its Internet Dating Services Misrepresented Criminal Background Screening Policies

  • Bumble Settlement for Misrepresentation of Background Checks Logo
    FEB
    21
    2024

    Bumble Inc. agreed to pay $315,000 and revamp its business practices after allegations that it misrepresented or failed to disclose its criminal background screening policies, violating New Jersey consumer protection and internet dating safety laws.

  • -40

    Business Practices and Ethical Responsibility

    April 7

    Bumble's failure to accurately disclose its criminal background screening practices, in violation of NJ consumer protection and internet dating safety laws, demonstrates a significant lapse in ethical business practices. The imposed settlement and mandated changes indicate a lack of accountability in safeguarding user safety, particularly for vulnerable populations.

    Bumble Agrees to $315K Settlement for Violating NJ Consumer, Internet Dating Safety Laws

  • Bumble faces class action over unlawful biometric data collection Logo
    NOV
    10
    2023

    A class action lawsuit in Illinois alleges that Bumble profited from collecting, storing, and using users' biometric facial scan data without proper consent, exposing them to significant privacy risks and potential identity theft under the violation of the Biometric Information Privacy Act.

  • -60

    Business Practices and Ethical Responsibility

    April 7

    The lawsuit highlights unethical business practices by alleging that Bumble collected, stored, and used sensitive biometric data without obtaining written consent from users. This lack of transparency and disregard for user privacy directly violates ethical business responsibility norms.

    Bumble class action alleges app collects, customer user biometric data

  • -50

    Provision of Repressive Technologies

    April 7

    By allegedly using facial recognition technology to collect biometric data without adequate informed consent, Bumble raises significant concerns within its technology and services. Such practices could facilitate unauthorized surveillance and privacy breaches, thereby contributing negatively to technological impact.

    Bumble class action alleges app collects, customer user biometric data

  • Bumble Faces Privacy Lawsuit Over Facial Recognition Tool Logo
    JUL
    10
    2023

    Bumble Inc. lost its bid to dismiss a privacy lawsuit in Chicago regarding its facial recognition based user verification tool, alleged to have violated Illinois' Biometric Information Privacy Act (BIPA) by improperly handling users' biometric data.

  • -40

    Provision of Repressive Technologies

    April 7

    Bumble’s use of a facial recognition tool for user verification has raised serious concerns over biometric surveillance and privacy. The court's rejection of the dismissal bid indicates that the technology may be inappropriately invasive, aligning with risks associated with repressive technologies.

    Bumble Must Face Privacy Lawsuit Over User Verification Tool

  • -20

    Business Practices and Ethical Responsibility

    April 7

    The lawsuit spotlights deficiencies in Bumble’s business practices regarding user data privacy. Failing to adequately protect sensitive biometric information reflects a broader ethical lapse that can facilitate authoritarian abuses if left unchecked.

    Bumble Must Face Privacy Lawsuit Over User Verification Tool

  • Bumble Reinstates Political Preferences Filter Post Capitol Riots Logo
    JAN
    18
    2021

    In January 2021, following misuse of its political preferences filter amid the US Capitol riots, Bumble reinstated the feature and enhanced its moderation policies by blocking users who were spreading insurrectionist content.

  • +70

    Public and Political Behavior

    April 7

    Bumble responded to the misuse of its political preferences filter—which had been exploited to potentially identify and target participants in the Capitol riots—by reinstating the filter and instituting stricter moderation measures to block insurrectionist content. This action supports democratic discourse and limits extremist influence, aligning with anti-fascist objectives.

    Capitol riots: Bumble dating app unblocks politics filter

  • Bumble Temporarily Removes Politics Filter to Prevent Misuse Logo
    JAN
    14
    2021

    In January 2021, following viral tweets that encouraged users to change their political affiliation in order to identify Capitol rioters, Bumble temporarily removed its politics filter in the US. The company stated that the removal was intended to prevent the feature’s misuse, while reaffirming its prohibition on extremist content and illegal activity on its platform.

  • +30

    Public and Political Behavior

    April 7

    Bumble’s decision to remove its politics filter is a proactive measure aimed at preventing the exploitation of its platform for politically motivated misuse. By disabling a feature that could be manipulated by far-right actors to signal insurrectionist participation, the company shows a commitment to safeguarding democratic engagement and preventing the amplification of extremist activities.

    Bumble removes politics filter following tweets encouraging people to use feature to identify Capitol rioters

  • +25

    Technology and Services Impact

    April 7

    By temporarily disabling a feature that was vulnerable to politically motivated manipulation, Bumble demonstrated a thoughtful use of its technology. This adjustment helps curb the potential for its platform to be used as a tool for organizing or legitimizing extremist activities, thereby mitigating risks associated with the misuse of digital services.

    Bumble removes politics filter following tweets encouraging people to use feature to identify Capitol rioters

  • Bumble Suspends Political Filter to Prevent Extremist Misuse Logo
    JAN
    13
    2021

    Bumble temporarily removed its political filter on January 13, 2021, after reports emerged that the feature was being exploited to locate and target Capitol insurrectionists. The company also banned confirmed extremist users, reinforcing its commitment to countering misuse of its platform.

  • +40

    Business Practices and Ethical Responsibility

    April 7

    By enforcing its terms and conditions and removing users involved in extremist activities, Bumble demonstrates ethical business practices that resist the exploitation of its platform for political extremism.

    Bumble Removes Political Filter After Use on Capitol Rioters

  • +60

    Public and Political Behavior

    April 7

    Bumble's decision to suspend the political filter in response to its exploitation by individuals seeking to target Capitol rioters demonstrates a proactive stance against extremist mobilization and reinforces its commitment to supporting democratic norms. This action contributes positively to public and political behavior.

    Bumble Removes Political Filter After Use on Capitol Rioters

  • +50

    Technology and Services Impact

    April 7

    Bumble adjusted its technological platform by disabling a feature that was being misused for targeting extremist groups. This shift in the app’s functionality improves the overall safety of its services, reducing the risk that technological innovations may inadvertently bolster extremist coordination.

    Bumble Removes Political Filter After Use on Capitol Rioters

Corporate Financials

Revenue
2025
$644.00M
Operating Income
2025
$24.00M

Industries

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