Joel Simkhai’s Grindr, a hookup app for Gay men, is seeking in the market for investors.
The dating app for gay men boasts of 5million active users, and industry experts say this is an attractive proposition for any would be investor.
According to mashable, the app company has engaged the services of professionals to help broker a deal with potential buyers.
It is believed that the monthly payment of $12 paid by each user, has been the major source of revenue that has kept the company afloat, since 2009, when it came on the scene.