About Grindr
Grindr is a company based in Los Angeles (United States) founded in 2008 was acquired by San Vicente Acquisition LLC in March 2020.. The company has 147 employees as of December 31, 2024. Grindr offers products and services including Grindr App and Grindr Web. Grindr operates in a competitive market with competitors including Hornet, Lex, SCRUFF, Bindr and Taimi, among others.
- Headquarter Los Angeles, United States
- Employees 147 as on 31 Dec, 2024
- Stage Public
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Grindr Inc.
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Annual Revenue
$344.64 M32.71as on Dec 31, 2024
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Net Profit
$-131 M-134.9as on Dec 31, 2024
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EBITDA
$110.76 M17.6as on Dec 31, 2024
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Latest Funding Round
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Investors
Kunlun
& 1 more
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Employee Count
147
as on Dec 31, 2024
- Acquired by
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IPO & Listings of Grindr
Grindr is a publicly listed company on the NYSE with ticker symbol GRND in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Grindr
Grindr offers a comprehensive portfolio of products and services, including Grindr App and Grindr Web. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for connecting LGBTQ users for chatting and meetings.
Web-based tool for browsing and chatting without downloads.
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Funding Insights of Grindr
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Grindr
Grindr has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Kunlun and San Vicente Acquisition LLC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Online games are developed and distributed by Kunlun.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Grindr
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Grindr
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Grindr Comparisons
Competitors of Grindr
Grindr operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hornet, Lex, SCRUFF, Bindr and Taimi, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Hornet is operated as a social networking app for the queer community.
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| domain | founded_year | HQ Location |
LGBT community interactions are facilitated through a social platform.
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| domain | founded_year | HQ Location |
A mobile dating app designed for the gay community.
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| domain | founded_year | HQ Location |
App-based dating platform for LGBT community is operated.
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| domain | founded_year | HQ Location |
Taimi is recognized as a leading LGBTQ+ dating app.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Grindr
Frequently Asked Questions about Grindr
When was Grindr founded?
Grindr was founded in 2008.
Where is Grindr located?
Grindr is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
How many employees does Grindr have?
As of Dec 31, 2024, the latest employee count at Grindr is 147.
What is the annual revenue of Grindr?
Annual revenue of Grindr is $344.64M as on Dec 31, 2024.
What does Grindr do?
Grindr was founded in 2008 in Los Angeles, United States, and operates within the mobile social networking sector. A platform focused on the LGBT community is maintained, utilizing device geolocation to connect users nearby. Profiles are displayed in a grid format by proximity, with options for chatting, photo sharing, and location exchange. Applications are offered for iOS and Android devices to support these functions.
What products or services does Grindr offer?
Grindr offers Grindr App and Grindr Web.
Is Grindr publicly traded?
Yes, Grindr is publicly traded on NYSE under the ticker symbol GRND.
Who are Grindr's investors?
Grindr has 2 investors. Key investors include Kunlun, and San Vicente Acquisition LLC.
What is Grindr's ticker symbol?
The ticker symbol of Grindr is GRND on NYSE.
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