Pre-IPO Sector News
October 25, 2021
Last week, Brex raised $300 million at a $12.3 billion valuation.
Instacart acquired Caper AI, a checkout automation product suite.
Klarna acquired Inspirock, a travel planning application.
N26 raised $900 million at a $9 billion valuation.
Rippling raised $250 million at a $6.5 billion valuation.
Scopely purchased GSN Games, a studio that develops casino and skill-based games, from Sony Pictures for $1 billion.
Stripe acquired Recko, a payments reconciliation startup.
The news articles and links presented below are available for your reference.
BREX
“Brex just signed a term sheet for $300M at a $12.3B valuation”
INSTACART
“Instacart acquires smart checkout startup Caper AI for $350M”
KLARNA
“ Klarna Acquires Inspirock, Giving Consumers New Ways to Plan Travel”
N26
“Challenger bank N26 raises $900 million at $9 billion valuation”
Rippling
“Parker Conrad’s Rippling is now valued at $6.5 billion — more than Zenefits at its peak”
SCOPELY
“Scopely acquires GSN Games from Sony Pictures for $1B”
STRIPE
“Stripe will acquire Recko to help internet businesses automate payments reconciliation”