Hinge founder leaves CEO role to launch AI-powered dating startup
Match GroupMatch Group(US:MTCH) CNBC·2025-12-09 22:41

Core Insights - Hinge founder Justin McLeod is stepping down as CEO to launch a new AI-powered dating service called Overtone [1][2] - Jackie Jantos, the current president and chief marketing officer of Hinge, will take over as CEO [1] - Hinge is projected to reach $1 billion in revenue by 2027, indicating strong company momentum [2] Company Transition - McLeod will remain as an advisor to Hinge until March [2] - Overtone aims to enhance personal connections using AI and voice tools [2] - Match Group plans to lead Overtone's initial funding round in early 2026 and will maintain a significant ownership stake in the new venture [3] Leadership and Support - Match Group CEO Spencer Rascoff will join Overtone's board, highlighting the company's commitment to supporting McLeod's new venture [3][4] - The transition reflects Match Group's strategy to incubate new ideas within its existing brands [4]