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Company Behind Tinder, OkCupid Says It's Worth $3.1 Billion

Match Group will seek to raise around $450 million in its IPO.

The Verge

If you’ve done any online dating in the last few years, chances are good you’ve touched a part of the sprawling empire known as the Match Group, which owns, OkCupid, Tinder, PlentyOfFish, Meetic, Twoo, OurTime, and FriendScout24. Today the parent company added some numbers to its filing for an initial public offering, saying it is seeking to raise around $450 million in an IPO that would value the company at $3.1 billion.

Match says that it has 59.6 million monthly active users, 4.7 million of whom are paying customers. For customers who choose not to pay, Match monetizes through advertising. It is available in 38 countries and says its user base has grown at an average rate of 63 percent over the last four years, with revenue increasing at an average of 23 percent.

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