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Bumble sold to Ithaca Holdings for $1.3 billion

PRIVATEOct 13, 2026

Acquiring Company

Ithaca Holdings

Acquired Company

Bumble

CagayanAustinArtificial IntelligenceSoftware

Description

Bumble has agreed to an all-cash buyout by Ithaca Holdings for approximately $1.3 billion, with shareholders set to receive $6.05 per Class A share. This acquisition aims to take Bumble private, allowing it to operate away from the scrutiny of public markets. Ithaca Holdings, a new venture led by Ravi Gupta and John Hegeman, will have co-CEO roles alongside Bumble's founder after the deal closes.

Company Information

Company

Ithaca Holdings

Location

Cagayan, Philippines

About

Ithaca Holdings is a long-term holding company focused on enduring technology businesses. It was established recently and is led by Ravi Gupta and John Hegeman. The company aims to support and grow technology ventures over the long haul.

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 Cagayan. The deal was reported on October 13, 2026. Ithaca Holdings is a long-term holding company focused on enduring technology businesses. It was established recently and is led by Ravi Gupta and John Hegeman. Ithaca Holdings is privately held and operates in Artificial Intelligence.

When did Ithaca Holdings acquire Bumble?

Ithaca Holdings's acquisition of Bumble was reported on October 13, 2026. Bumble has agreed to an all-cash buyout by Ithaca Holdings for approximately $1.3 billion, with shareholders set to receive $6.05 per Class A share. This acquisition aims to take Bumble private, allowing it to operate away from the scrutiny of public markets. 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.