Pre-IPO Sector News Update
March 30, 2021
Last week, DigitalOcean raised $775 million in its IPO at a $5 billion valuation.
Discord was having preliminary discussions to be acquired by Microsoft for at least $10 billion.
Eat Just raised $200 million in a new funding round.
GoPuff raised $1.15 billion at a $8.9 billion valuation.
Ibotta appointed Sunit Patel as its new CFO. Patel previously worked as the Executive Vice President of Merger and Integration at T-Mobile.
Robinhood confidentially filed documents for its upcoming IPO.
Roman Health raised $500 million at a $5 billion valuation.
ServiceTitan raised $500 million at a $8.3 billion valuation.
UiPath filed its S1 for its upcoming IPO and acquired Cloud Elements, an API integration suite.
WeWork planned to be acquired by BowX Acquisition Corp, a SPAC, in a deal that the values the company at $9 billion.
Zymergen filed its S1 for its upcoming IPO
The news articles and links presented below are available for your reference.
DIGITALOCEAN
“ Cloud Provider DigitalOcean Raises About $775 Million in IPO”
DISCORD
“Microsoft Reportedly in Exclusive Talks to Acquire Discord For at Least $10B”
EAT JUST
“Eat Just (the Alt-Protein Company Formerly Known as Hampton Creek) has Raised Another $200 Aillion”
GOPUFF
“ SoftBank-backed Delivery Start-up GoPuff Valued at $8.9 Billion in new Funding Round, More Than Double From Five Months Ago”
IBOTTA
“Ibotta Names Sunit Patel Chief Financial Officer”
ROBINHOOD
“Robinhood Files confidentially to go public”
ROMAN HEALTH
“ Digital Health Startup Ro Raised $500 Million At $5 Billion Valuation”
SERVICETITAN
“With an ARR Topping $250 Million, LA’s Vertical SAAS Superstar ServiceTitan is Now Worth $8.3 Billion”
UIPATH
“Automation Platform UiPath Files Confidential S-1 To Go Public”
“ UiPath Acquires Cloud Elements to Deliver Expanded API-Based Automation Capabilities”