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Grindr

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World’s largest social network for gay, bi, trans, and queer people

Los Angeles, United StatesFounded 2008eCommerce & Marketplaces
Valuation $2.68B Market cap · 2026
Revenue $537M Latest reported FY
EBITDA $233M Latest reported FY

About Grindr

Grindr, launched in 2009, is the world's largest social networking app specifically designed for gay, bi, trans, and queer individuals. The app leverages location-based technology to connect millions of daily users across almost every country globally. Grindr's primary market is the LGBTQ community, providing a platform for social interaction, dating, and networking.

The business operates in the social networking and dating app market, which is highly competitive but also rapidly growing. Grindr distinguishes itself by focusing exclusively on the LGBTQ community, offering a safe and inclusive space for its users. The app's user base is highly engaged, making it an attractive platform for advertisers looking to reach this specific demographic.

Grindr's business model is multifaceted. It generates revenue through several streams:

1. **Advertisements**: Grindr offers various ad formats, including small and medium banners and full-screen interstitials. Advertisers can connect with a highly active and influential queer audience, making it a lucrative advertising platform.

2. **Subscriptions**: The app offers premium subscription services, such as Grindr Unlimited, which provides users with additional features like ad-free browsing, unlimited blocks and favorites, and the ability to see who viewed their profile.

3. **In-App Purchases**: Users can purchase virtual goods and services within the app, enhancing their overall experience.

Grindr also focuses on expanding its influence beyond just a dating app. It engages with social issues, produces original content, and provides resources related to sexual health and safety, further solidifying its role within the LGBTQ community.

In summary, Grindr is a pioneering social networking app for the LGBTQ community, offering a blend of free and premium services, supported by a robust advertising model. It continues to innovate and expand its impact, making it a significant player in the social networking and dating app market.

**Keywords**: LGBTQ, social networking, dating app, location-based, advertisements, subscriptions, premium services, queer community, virtual goods, safety resources.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2008
Headquarters
Los Angeles, United States
Listing
Public via SPAC 2018
Employees
378
Open positions
22
Dealroom signal
88.6/100
Industry
Dating
Sector
eCommerce & Marketplaces, Dating, Social Platform, Became $1B as Subsidiary, Became Thoroughbred as Subsidiary
Technology
Mobile app
Business model
Marketplace & ecommerce
Client focus
b2c

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO DEBT✓Debt Dec 2025 $400M — Undisclosed ↗
SECONDARY✓Other financing Dec 2025 $2.1M — Undisclosed ↗
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $543M +23.3% $233M 42.9% $91M 16.8% $49M
2025 $440M +46.6% $135M 30.7% $95M 21.5% $49M
2024 $300M +15.5% $117M 38.9% −$131M -43.7% $33M
2023 $260M +33.2% $83M 31.8% $29M
2022 $195M +33.7% $48M 24.5%
2021 $146M +34.2% $67M 45.9%
2020 $109M — $38M 34.5%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Grindr website traffic

Latest recorded traffic for Grindr is 4M monthly website visits, up 5.3% over the last three months. Grindr's team grew 11.8% over the past year.

Latest monthly visits4M 3-month web change+5.3% 1-year team growth+11.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later7 investors entered at this stage

Other known investors2 additional known investors

  • San Vicente Acquisition Partners
  • Catapult Capital
Team profiled 58 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
12 countries with
team presence
🇺🇸 United States79.6%
🇨🇴 Colombia12.9%
🇬🇧 United Kingdom1%
🇨🇳 China1%
🇲🇽 Mexico1%
Top 5 of 12 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Grindr on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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