Reports from Bloomberg indicate that Bumble, the well-known dating application company, has submitted confidential documents for an initial public offering (IPO).

The intention of Bumble to go public isn't unexpected. TechCrunch previously reported in September on the substantial revenue generated by its competitor, Tinder, suggesting a market large enough to accommodate multiple publicly traded dating services.

This confidential filing positions Bumble, alongside Coinbase – a company concentrating on cryptocurrency – as being advanced in the IPO process before their financial data becomes available. The release of their S-1 filings will allow the public to review their financial performance.

Roblox, Affirm, and Poshmark have already initiated similar disclosure procedures. These five companies are preparing to seek IPOs in the coming months.

Based on a recent discussion with Hans Tung of GGV – an investor in companies like Affirm and Airbnb – TechCrunch has learned that the first, third, and fourth quarters of 2021 may see a significant number of IPOs. Bumble’s move in the closing weeks of 2020 highlights the potential for a busy start to the year for privately held, high-value companies looking to gain liquidity as public markets reach record levels.

TechCrunch contacted Bumble for a statement regarding the IPO news. The company chose not to provide a comment.

Bloomberg suggests that Bumble is aiming for a valuation between $6 billion and $8 billion. This aligns with earlier reports. The specific revenue figures and growth rate the market will demand to justify these valuations remain uncertain.

However, having surpassed 100 million users earlier in the year, Bumble’s financial projections may prove satisfactory to investors.