Pre-IPO Sector News Update

January 25, 2021

• Last week, Dashlane appointed JD Sherman as its new CEO. Sherman previously worked as the President and COO of Hubspot.

• Deliveroo raised $180 million at a valuation greater than $7 billion.

• Rivian raised $2.65 billion in a new funding round.

• TripActions raised $155 million at a $5 billion valuation.

• Wrike was acquired by Citrix for $2.25 billion.

The news articles and links presented below are available for your reference.

DASHLANE

“Dashlane Taps JD Sherman, ex-Hubspot COO, as new CEO, as Co-founder Emmanuel Schalit Steps Aside”

• https://techcrunch.com/2021/01/22/dashlane-taps-jd-sherman-ex-hubspot-coo-as-new-ceo-as-co-founder-emmanuel-schalit-steps-aside/

DELIVEROO

“Amazon-backed Food Delivery Firm Deliveroo is Now Worth Above $7 Billion After a $180 Million Pre-IPO Funding Round”

• https://www.businessinsider.com/deliveroo-food-delivery-180-million-7-billion-valuation-2021-1

RIVIAN

“EV Start-up Rivian Raises $2.65 Billion in New Funding Round Led by T. Rowe Price”

• https://www.cnbc.com/2021/01/19/ev-start-up-rivian-raises-2point65-billion-in-new-funding-round-led-by-t-rowe-price.html

TRIPACTIONS

“TripActions Raises $155M at $5B Valuation as Corporate Travel Recovers From Pandemic Lows”

• https://techcrunch.com/2021/01/21/tripactions-raises-155m-at-5b-valuation-as-corporate-travel-recovers-from-pandemic-lows/

WRIKE

“Citrix Acquires Project Management Platform Wrike for $2.25 Billion”

• https://venturebeat.com/2021/01/19/citrix-acquires-project-management-platform-wrike-for-2-25-billion/