Pre-IPO Sector News Update
June 15, 2020
Last week, Instacart raised $225 million at a $13.70 billion valuation.
DoorDash was raising funds at a $15 billion valuation.
ByteDance was planning to shut down its Vigo platform, Indian social media apps, to focus its efforts on TikTok.
Lemonade filed its S1 for its upcoming IPO.
Vroom raised more than $400 million in its IPO at a $2.5 billion valuation.
Snowflake confidentially filed documents for its upcoming IPO.
The news articles and links presented below are available for your reference.
BYTEDANCE
“ByteDance to Shut Down Vigo Apps”
DOORDASH
“New Funding To Make DoorDash A $15B Company”
INSTACART
“Instacart Nabs Nearly $14 Billion Valuation in New Funding Round"
LEMONADE
“Lemonade Files Planned IPO Worth Up to $100M”
SNOWFLAKE
“Cloud Data Firm Snowflake Confidentially Files for IPO”
VROOM
“Vroom’s Shares Surge Following IPO”