Pre-IPO Sector News Update

April 6, 2021

• Last week, Coursera raised $519 million in its IPO at a $4.30 billion valuation.

• Deliveroo raised $2.1 billion in its IPO at a $10.50 billion valuation.

• Plaid was raising a new funding round at a $13 billion valuation.

• ThoughtSpot acquired SeekWell, a data analytics platform that links SQL databases to external applications.

COURSERA

“Coursera to Raise About $519 Million in U.S. IPO at Over $4 billion Valuation”

• https://www.reuters.com/article/us-coursera-ipo/coursera-to-raise-about-519-million-in-u-s-ipo-at-over-4-billion-valuation-idUSKBN2BN05R?il=0

DELIVEROO

“Deliveroo Sinks 31% in Setback to London Effort to Lure IPOs”

• https://www.bloomberg.com/news/articles/2021-03-31/deliveroo-ipo-raises-2-1-billion-in-biggest-u-k-deal-this-year

“Deliveroo’s Stock Market Debut Is a Flop. Should You Still Buy?”

• https://www.bloomberg.com/news/articles/2021-03-31/deliveroo-roo-ipo-should-you-buy-the-stock-of-the-food-delivery-company

PLAID

“Plaid Reportedly Near $13 Billion Valuation With New Funding”

• https://www.pymnts.com/news/fintech-investments/2021/plaid-reportedly-near-13b-valuation-with-new-funding/

THOUGHTSPOT

“ThoughtSpot Acquires SeekWell to Operationalize Analytics and Push Cloud Data Insights to Business Apps”

• https://www.businesswire.com/news/home/20210331005210/en/ThoughtSpot-Acquires-SeekWell-to-Operationalize-Analytics-and-Push-Cloud-Data-Insights-to-Business-Apps