01/21/2025 | Press release | Distributed by Public on 01/21/2025 07:56
New Products Will Build on 2024 Momentum and Drive More Meaningful Connections for Users
WEST HOLLYWOOD, Calif.--(BUSINESS WIRE)-- Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today unveiled an ambitious product roadmap for 2025, consisting of the most robust set of launches in its history. New products and features coming to Grindr in 2025 will continue to expand user intents and use cases across the app, including enhanced personalization and travel features.
"Our goal is to build out a world-class app that serves as the Global Gayborhood in Your Pocket," said Grindr CEO George Arison. "This year, we'll introduce groundbreaking features to enhance the Grindr experience like never before, bringing our vision for intent-based connections to life. We're creating products that add value for our users, enabling us to deliver an awesome app for them and great long-term results for our shareholders. I can't wait to see how our users respond to these exciting innovations."
With user engagement and meaningful connections in mind, Grindr expects to launch at least six new products and features in 2025, many of which are new additions to the roadmap the company announced last June:
Concurrently, the company will continue to work on building out its "Relationships" use case, as well as other add-on products announced last year.
2024 Launches
Launches planned for 2025 come on the heels of significant progress on new and existing products and features in 2024, including:
"Over the last several years, we've made significant investments in technology, and in 2024, users experienced major strides with new product launches like Right Now, Interest, and Roam. Our team's rapid innovation has allowed us to expand our roadmap with new features beyond what we announced only last June," said AJ Balance, Grindr's Chief Product Officer. "I'm especially excited about integrating responsible AI and ML to create a more personalized and impactful experience for our users."
Note:
1 Working name, subject to change.
About Grindr Inc.
With more than 14.5 million monthly active users, Grindr has grown to become the Global Gayborhood in Your Pocket™, on a mission to make a world where the lives of our global community are free, equal, and just. Available in 190 countries and territories, Grindr is often the primary way for our users to connect, express themselves, and discover the world around them. Since 2015, Grindr for Equality has advanced human rights, health, and safety for millions of LGBTQ+ people in partnership with organizations in every region of the world. Grindr has offices in West Hollywood, the Bay Area, Chicago, and New York. The Grindr app is available on the App Store and Google Play.
Forward-Looking Statements
This press release contains statements that may constitute forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends, and similar expressions concerning matters that are not historical facts. These forward-looking statements include statements regarding our intentions, beliefs, current expectations, or projections. In some cases you can identify these forward-looking statements by the use of terminology such as "anticipates," "approximately," "believes," "continues," "could," "estimates," "expects," "goal," "intends," "may," "outlook," "plans," "potential," "predicts," "seeks," "should," "upcoming," "will" or the negative version of these words or other comparable words or phrases, although not all forward-looking statements contain these terms.
The forward-looking statements, including statements regarding our expectations about the Company's product roadmap; improvements and changes in user experience; products and features, including AI-driven features; launch plans, including the anticipated testing and launch of new products in 2025; and anticipated results for shareholders, reflect our current views about our business and future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause actual results to differ materially from those expressed in any forward-looking statement. While forward-looking statements reflect our good-faith beliefs, they are not guarantees of future performance, and there are no guarantees that any events or transactions described will happen as described (or that they will happen at all). Factors that could cause actual results, performance, and future events to differ materially from those set forth in or contemplated by the forward-looking statements include those included in our filings with the Securities and Exchange Commission. For a further discussion of factors that could cause our future results, performance, or transactions to differ significantly from those expressed in any forward-looking statement, please see the section titled "Risk Factors" in annual reports on Form 10-K and quarterly reports on Form 10-Q that we file with the Securities and Exchange Commission from time to time.
In addition, statements relating our beliefs and opinions, and similar sentiments, on a particular subject are made as of the date of any such statement. These statements are based upon information available to us as of the date they are made, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and such statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain and investors are cautioned not to unduly rely upon these statements. Except to the extent required by applicable law, we are under no obligation (and expressly disclaim any such obligation) to update or revise our forward-looking statements whether as a result of new information, future events, or otherwise. Any forward-looking statement speaks only as of the date on which it is made, and you should not place undue reliance on any forward-looking statements, which are based only on information currently available to us (or to third parties making the forward-looking statements).
Trademarks
This press release may contain trademarks of Grindr. Solely for convenience, trademarks referred to in this press release may appear without the ® or ™ symbols, but such references are not intended to indicate, in any way, that Grindr will not assert, to the fullest extent under applicable law, its rights to these trademarks.
Sarah Bauer
[email protected]