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Ithaca Holdings to acquire Bumble for $1 billion

PRIVATEOct 12, 2026

Acquiring Company

Ithaca Holdings

Acquired Company

Bumble

New YorkAustinMusicSoftware

Description

Bumble Inc is in advanced negotiations to be acquired by Ithaca Holdings for approximately $1 billion. This acquisition comes despite Bumble's current market capitalization of $494 million, indicating a premium valuation. Founder Whitney Wolfe Herd is expected to retain a stake post-transaction, ensuring continuity in leadership. An official announcement may come soon.

Company Information

Company

Ithaca Holdings

Location

New York, New York, United States

About

Ithaca Holdings is a private investment firm known for its strategic investments in various industries, including music, media, and technology. It specializes in acquiring and nurturing brands to enhance their market position. The firm focuses on long-term growth and value creation for its portfolio companies.

Fundz sees it the moment Ithaca Holdings makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Bumble?

Bumble was acquired by Ithaca Holdings, based in New York. The deal was reported on October 12, 2026. Ithaca Holdings is a private investment firm known for its strategic investments in various industries, including music, media, and technology. Ithaca Holdings is privately held and operates in Music.

When did Ithaca Holdings acquire Bumble?

Ithaca Holdings's acquisition of Bumble was reported on October 12, 2026. Bumble Inc is in advanced negotiations to be acquired by Ithaca Holdings for approximately $1 billion. This acquisition comes despite Bumble's current market capitalization of $494 million, indicating a premium valuation. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Bumble do?

Bumble Inc. is a connections company with a suite of products that bring people together throughout their lives. It is publicly traded (BMBL), operating in Software, and is based in Austin.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.