About Grindr
Grindr connects gay, bi, trans, and queer individuals through a social networking app that uses location-based technology. Launched in 2009, it serves millions of users worldwide, providing a platform for social interaction, dating, and networking specifically for the LGBTQ community. Unlike other dating apps, Grindr focuses solely on this demographic, creating a safe and inclusive environment. The app generates revenue through advertisements, premium subscriptions like Grindr Unlimited, and in-app purchases, allowing users to enhance their experience. Beyond dating, Grindr engages with social issues and offers resources related to sexual health and safety, aiming to expand its influence within the community.
Los Angeles, CaliforniaHeadquarters
2009Year Founded
$90.5MTotal Funding
IPOCompany Stage
Consumer Software, Social ImpactIndustries
201-500Employees
Benefits
Family Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Phone/Internet Stipend
Wellness Program
Family Planning Benefits
Performance Bonus
Employee Stock Purchase Plan
Risks
Union-busting allegations could harm Grindr's reputation and employee relations.
The AI 'wingman' bot may raise privacy concerns among users.
Involvement in Canberra's homophobic assault investigation could lead to negative publicity.
Differentiation
Grindr focuses exclusively on the LGBTQ community, offering a unique social networking platform.
The app leverages location-based technology to connect users globally, enhancing user engagement.
Grindr for Equality engages users in social issues, expanding its influence beyond dating.
Upsides
Grindr's AI 'wingman' bot aligns with the trend of AI-driven personalization in dating apps.
The partnership with Meridian enhances user safety, aligning with the trend of safety features.
Grindr's expansion into health services aligns with the trend of apps offering wellness features.
Funding
Total raised$90.46 M
Latest valuation$2.10 B
StageIPO
POST IPO DEBT
10/31/2023$350
POST IPO EQUITY
10/31/2022$100
SPAC IPO
4/30/2022$276
$2.10 BACQUISITION
2/29/2020$608
LATE VC
12/31/2015$93
$465.00 M