Photo of Whitney Wolfe Herd, the creator/owner of Bumble

How Bumble became a billion-dollar business

In the male-dominated world of tech startups, Whitney Wolfe Herd didn’t just break down barriers — she built a whole new foundation to build on and make positive changes for women in tech and beyond.

As the founder and former CEO of Bumble, the dating app where women make the first move, Wolfe Herd transformed a personal and professional crisis into a bold, empowering brand.

Her rise to the top began long before Silicon Valley and it was not without struggle.

Salt Lake City to startup life

Born in 1989 and raised in Salt Lake City, Utah, Whitney grew up in a family that valued creativity, resilience, and hard work.

Her father was a property developer, and her mother was a homemaker. As a teen, she showed an early interest in entrepreneurship—starting her first business selling bamboo tote bags to benefit oil spill relief efforts.

She also had a strong sense of justice, something that would later shape her brand.Wolfe Herd studied International Studies at Southern Methodist University in Texas, where she began to explore the power of social platforms.

While in school, she founded a small business selling fair-trade clothing, and interned at a tech incubator in Asia, planting seeds for her future in startups. After graduating, she worked at Hatch Labs, where she eventually joined a team developing a new dating app—Tinder.

The flames of Tinder faded

At Tinder, Whitney played a crucial role in the company’s branding and early user growth. She reportedly came up with the name “Tinder” and drove much of its marketing strategy.

But behind the success was a toxic internal culture. In 2014, she left the company after filing a sexual harassment and discrimination lawsuit against Tinder and its parent company.

That experience was painful—but it lit a fire. Wolfe Herd realized the dating app space was largely designed by and for men. What if women had more control over the experience? What if the dating world could feel safe, empowering, and respectful?

The Birth of Bumble

Soon after leaving Tinder, Wolfe Herd was approached by Andrey Andreev, the founder of Badoo, who believed in her vision and offered financial backing and engineering resources to build something new.

Thus, Bumble was born in 2014—with a twist: women had to make the first move.

But turning the idea into a functional product took much more than a clever premise. Wolfe Herd and her lean team worked intensively with Badoo’s developers to build the app’s core infrastructure.

They had to develop backend systems that could support fast, global scalability while also introducing new safety features, like photo verification and the ability to block/report instantly.

There were countless rounds of iteration—especially in refining the user experience. Early versions struggled with user retention and interface issues.

The team tested and reworked messaging windows, swipe mechanics, and push notification timing. Bumble’s signature yellow branding also came through trial and error; Wolfe Herd wanted it to feel warm and optimistic, a sharp contrast to the dark, gamified vibes of other dating apps.

A major breakthrough came when Bumble launched university ambassador programs — tapping into college campuses to drive organic adoption. This grassroots strategy helped the app grow rapidly in a highly competitive space.

Scaling the brand & building a hive

Wolfe Herd understood Bumble couldn’t just be a dating app—it needed to stand for something larger.

She expanded the platform to include Bumble BFF (for making friends) and Bumble Bizz (for networking), positioning it as a social network with integrity and inclusivity at its core.

She also led Bumble with a values-first mindset. The company banned hate speech and unsolicited sexual content early on, hired women into leadership roles, and supported legislation to make digital sexual harassment illegal in Texas.

Her approach lead striking change in the world of online dating and tech startup culture.

Under her leadership, Bumble invested heavily in product innovation and community-building—integrating video chat, interest filters, and AI-driven moderation tools to improve user safety and experience.

The IPO that changed everything

In February 2021, Bumble went public. Wolfe Herd, then just 31 years old, became the youngest woman in U.S. history to take a company public and the youngest self-made female billionaire.

She famously rang the Nasdaq bell holding her baby son—a moment that quickly went viral as a symbol of modern, empowered leadership.

But the real success of Bumble isn’t just the IPO or market cap. It’s the cultural shift it helped spark: putting women in the driver’s seat, not just in love, but in life.

Where She Is Now: Leadership, Challenges & Comeback

Whitney Wolfe Herd’s vision for Bumble continues to evolve—and so does her role. In November 2023, Wolfe Herd stepped down as CEO to become Executive Chair, passing the baton to Lidiane Jones, former CEO of Slack.

However, after a year marked by internal restructuring (including a 30% workforce reduction) and slipping share prices, Jones resigned for personal reasons.

In mid‑March 2025, Wolfe Herd returned as Bumble’s CEO, affirming that she’s “energized and fully committed” to the company’s core mission of facilitating meaningful, equitable relationships.

Company Performance & Strategic Reset

Bumble (the parent company) faced several headwinds: Its share price dropped by over 50% from its IPO peak, driven by inflation, shifting user behaviours, and “swipe fatigue” among Gen Z users.

In Q1 2025, Bumble’s total revenue fell 7.7% to $247 million, reflecting challenges in both user acquisition and engagement.

Wolfe Herd has signaled a strategic pivot: cutting performance marketing, enhancing platform integrity by removing bots and low-quality profiles, and using AI-driven matching to win back user trust businessinsider.com.

Major achievements since IPO

Despite the ups and downs, Bumble has retained over 3.6 million paying users across its apps.

It has successfully expanded its suite of features—integrating AI moderation tools, video chat, enhanced filters, and more inclusive messaging options (like allowing men to message first in response to preset questions).

Bumble continues to influence industry-wide norms: pushing anti-cyber-flashing laws, banning hate speech, and maintaining a female-led board—all reinforcing its reputation as a mission-driven brand

The honey

Whitney Wolfe Herd’s journey with Bumble has come full circle—from founder and pioneer, to stepping aside, and now back at the helm.

She returns during a pivotal time: ready to tackle declining engagement with a renewed focus on product quality, AI-driven innovation, and user trust.

Her comeback isn’t just symbolic—it represents her commitment to steering Bumble through its next growth phase, blending hard-earned resilience with unyielding belief in its mission.

Whether Bumble regains its earlier momentum remains to be seen—but with its visionary founder back in charge, the company is set for a bold new chapter.