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22-Nov-2017 20:24

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According to Forbes, the company is valued at more than

According to Forbes, the company is valued at more than $1 billion.

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According to Forbes, the company is valued at more than $1 billion.

Andreev suggested she get back into the dating space, and the pair eventually formed a partnership in which Andreev would receive 79% ownership in the company following an initial investment of $10 million along with additional investments and Wolfe Herd would serve as founder, CEO and 20% owner.

Women must initiate the conversation of their matches or the matches disappear within 24 hours; either person in a same-sex match can reach out.

Features include the ability to favorite conversations, to sort conversations, to send photo messages, and to swipe, which allows users to "like" potential matches by swiping right and to swipe left to continue on their search.

Bumble is a location-based social and dating application which facilitates communication between interested users.

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Conversations started with potential friends are color coded as green as opposed to yellow for dates.

Users have the option to immediately receive a new set of three backtracks by sharing Bumble on Facebook, Instagram, or Twitter, although they are limited to one of these refills per day.