Grindr Inc. (GRND) is a global social networking platform primarily serving the LGBTQ community, with a focus on gay and bisexual men. Operating in over 190 countries and territories, Grindr connects users for various purposes, including casual dating, long-term relationships, community building, and professional networking. The company offers a mobile application and web-based platform with both free and premium subscription services, as well as advertising opportunities for businesses targeting the LGBTQ demographic.
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Direct Revenue - Generates income through subscription services and a la carte add-ons, offering premium features such as Grindr XTRA and Grindr Unlimited to enhance user experience.
- Grindr XTRA - Provides additional controls and features for users seeking an upgraded experience.
- Grindr Unlimited - Offers advanced features, including unlimited profile views and enhanced privacy options.
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Indirect Revenue - Earns revenue from advertising, including programmatic ads and brand partnerships, targeting the LGBTQ community across industries like healthcare, entertainment, and travel.
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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
George Arison ExecutiveBoard | CEO and Director | None | George Arison has been the CEO and a director of Grindr Inc. since November 2022. He was previously the founder and CEO of Shift Technologies, Inc. and has held various roles at Alphabet Inc.. | View Report → |
Austin "AJ" Balance Executive | Chief Product Officer | None | Austin Balance has been with Grindr since December 2021 as Chief Product Officer. He previously worked at Uber Technologies, Inc. and co-founded Dispatcher, Inc.. | |
Daniel I. Weinstein Executive | Chief Accounting Officer | None | Daniel Weinstein joined Grindr as its Chief Accounting Officer on November 26, 2024. He previously held accounting leadership roles at BuzzFeed, Inc. and MongoDB, Inc.. | |
Vandana Mehta-Krantz Executive | CFO | Non-Executive Board Member at Bungalow Living, Inc. | Vandana Mehta-Krantz has served as the CFO of Grindr Inc. since November 2022. She has extensive experience in financial leadership roles, including at Disney Streaming Services and Masterclass. | View Report → |
Daniel Brooks Baer Board | Director | Senior Vice President for Policy Research at the Carnegie Endowment for International Peace | Daniel Brooks Baer has served as a director since November 2022. He has a background in diplomacy and policy research. | |
G. Raymond Zage, III Board | Director | CEO of Tiga Investments Pte. Ltd.; Board Member of EDBI Pte Ltd, Whitehaven Coal Limited, Toshiba Corporation, PT Lippo Karawaci Tbk | G. Raymond Zage, III has been a director since November 2022. He has nearly three decades of investment experience. | |
Gary I. Horowitz Board | Director | General Counsel at Integrum Holdings, LP | Gary I. Horowitz has been a director since November 2022. He has extensive legal experience, having been a partner at Simpson Thacher & Bartlett LLP. | |
J. Michael Gearon, Jr. Board | Director | Founder, Chairman, and CEO of 28th Street Ventures, LLC | J. Michael Gearon, Jr. has been a director since November 2022. He is a pioneer in the cell tower industry and has established multiple successful businesses. | |
James Fu Bin Lu Board | Chairperson of the Board | Director at Fusion Media Limited, Global Commerce Technology Limited, TuSimple Holdings, Inc.; Managing Partner at Joffre Capital | James Fu Bin Lu has been the Chairperson of the Board since November 2022. He has extensive experience in leadership roles and the social network industry. | |
Meghan Stabler Board | Director | Senior Vice President at BigCommerce Pty Ltd.; Board Member at Kaleido Health Solutions, Inc., Democratic Majority for Israel, Planned Parenthood Federation of America | Meghan Stabler has been a director since November 2022. She is known for her business and marketing expertise and LGBTQ advocacy. | |
Nathan Richardson Board | Director | Partner at Joffre Capital | Nathan Richardson has been a director since November 2022 and serves as Chair of the Audit Committee. He has extensive experience in finance and commerce. |
- "Given that you're shifting certain features from free to paid tiers, like limiting messages in the Explore feature , how are you ensuring this does not alienate your robust free user base or negatively impact user engagement?"
- "You ran a two-week bug bash to address technical debt ; can you elaborate on the remaining technical challenges and how they might affect your ability to innovate and roll out new features promptly?"
- "With strong revenue growth driven by adoption of the Unlimited Weekly tier and better merchandising , how sustainable is this growth, and what plans do you have to maintain or accelerate it in the coming quarters?"
- "As you continue to launch new products like Right Now and Roam , are there opportunities to accelerate investment and timelines, or are there constraints that might limit how quickly you can roll out these features globally?"
- "Given potential disruptions in App Store rankings due to iOS updates , have you seen any impact on user acquisition or engagement from recent iOS updates, and how are you addressing any challenges?"
Research analysts who have asked questions during Grindr earnings calls.
Andrew Marok
Raymond James Financial
2 questions for GRND
Eric Sheridan
Goldman Sachs
2 questions for GRND
John Blackledge
TD Cowen
2 questions for GRND
Logan Whalley
TD Cowen
2 questions for GRND
Brianna Diaz
Citizens
1 question for GRND
Nicholas Jones
Citizens JMP
1 question for GRND
Samuel Lawrence
Redburn Atlantic
1 question for GRND
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Grindr Group LLC (now Grindr Inc.) | 2022 | In 2022, Tiga Acquisition Corp. executed a two-step merger with Grindr Group LLC, involving the conversion of all Tiga shares and warrants into New Grindr Common Stock, a domestic reorganization (Cayman Islands to Delaware), and the eventual public listing on the NYSE under GRND and GRND.WS. The transaction also included a trust account of $278.76 million and additional private placement warrants to extend the merger deadline, reflecting the strategic business combination and valuation details. |
Recent press releases and 8-K filings for GRND.
- Grindr reported strong Q3 2025 results, with revenue up 30% year-over-year to $116 million and Adjusted EBITDA up 37% year-over-year to $55 million, achieving a 47% margin. The company increased its full-year 2025 Adjusted EBITDA expectation to between $191-$193 million, implying a margin greater than 43%, and reaffirmed its revenue growth outlook of 26% or greater.
- The company is expanding its product offerings, including new GenAI features, and has successfully tested subscription price increases for new subscribers, with a global rollout planned for early next year. Alpha testing has also begun for a new AI-powered premium tier, with a meaningful revenue opportunity expected from late 2026.
- Grindr repurchased 25.1 million shares for approximately $450 million year-to-date, with $50 million remaining under authorization as of September 30. Additionally, the board has formed a special committee to evaluate a proposal from two large shareholders to take Grindr private , and John North has joined as the new CFO.
- Grindr Inc. reported strong financial results for Q3 2025, with revenue increasing 30% year-over-year to $116 million. Net income for the quarter was $31 million, and Adjusted EBITDA reached $55 million, representing a 47% Adjusted EBITDA margin.
- Operational highlights for Q3 2025 included a 4% year-over-year growth in Average Monthly Active Users (MAU) to 15.1 million, a 17% increase in Average Paying Users to 1.3 million, and a 7% rise in Average Revenue Per Paying User (ARPPU) to $24.70. The company also noted a 15% increase in daily time spent on the app since 2022, reaching over 67 minutes per user per day.
- Grindr increased its full-year 2025 Adjusted EBITDA expectation to between $191 million and $193 million, with an Adjusted EBITDA margin above 43%, while reaffirming its revenue growth outlook of 26% or greater.
- In October, Grindr welcomed John North as its new Chief Financial Officer. The company also repurchased 25.1 million shares year-to-date for approximately $450 million at an average price of $17.93 per share.
- George Raymond Zage III and James Fu Bin Lu, who beneficially own more than 60% of Grindr Inc. common stock, have submitted a non-binding proposal to acquire all outstanding shares not already owned by them.
- The proposal offers $18.00 per share for the Minority Shares, which represents an approximately 51% premium over the unaffected stock price on October 10, 2025.
- The Proposing Shareholders intend for this to be a going-private transaction and have secured significant expressions of interest for financing.
- Grindr Inc. held its 2025 Annual Meeting of Stockholders on July 30, 2025.
- Stockholders elected eight directors to serve until the 2026 annual meeting and ratified Ernst and Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025.
- A non-binding stockholder proposal, introduced by AFL CIO Equity Index Funds, regarding the adoption of a human rights policy covering freedom of association and collective bargaining was not approved.
- This stockholder proposal referenced a November 1, 2024, complaint by the National Labor Relations Board alleging Grindr unilaterally changed employment terms to discourage union formation, which resulted in two-thirds of eligible employees resigning, amounting to nearly half of Grindr's workforce.
- Q1 2025 Results: Grindr announced a 25% year-over-year revenue growth for Q1 2025, reflecting solid performance.
- Raised Guidance: The company increased its full-year guidance to at least 26% revenue growth and a minimum 43% adjusted EBITDA margin.
- Product Initiatives: New product efforts include the early testing of the A-List AI-powered experience and an expanded rollout of the Right Now feature.