Pre-IPO Sector News Update
June 21, 2021
Last week, Addepar raised $150 million at a $2 billion pre-money valuation.
Anduril raised $450 million at a $4.6 billion valuation.
Automattic acquired Day One, a journaling application.
Gusto acquired Ardius, a tax automation compliance suite.
Keeptruckin raised $190 million at a $2.3 billion valuation.
Revolut disclosed some key statistics related to its 2020 financials. The company generated $361 million in revenue which represents a 57% increase compared to its 2019 revenue. Gross profit was roughly $170 million and total non-adjusted operating loss was approximately $277 million in FY 2020.
In its latest regulatory filing, SentinelOne planned to sell its shares at a range of $26 per share to $29 per share, raising $928 million at the top end of the range which translates to $7.36 billion valuation.
Two weeks ago, Amplitude raised $150 million at a $4 billion pre-money valuation.
BlockFi was raising a new funding round at a $5 billion valuation.
Datarobot was raising a new funding round at a valuation greater than $7 billion.
The news articles and links presented below are available for your reference.
ADDEPAR
"Addepar Announces $150M Investment by D1 Capital Partners, Exceeding $2B Valuation"
AMPLITUDE
“Amplitude Announces $150 Million Round As Demand for Digital Optimization Surges”
ANDURIL
“Anduril Raises $450M in Series D; Valued at $4.6 Billion”
AUTOMATTIC
“WordPress.com Owner Automattic Acquires Journaling App Day One”
BLOCKFI
“BlockFi in Talks to Raise Funding at About $5 Bln Valuation - The Information”
DATAROBOT
“Artificial Intelligence Startup DataRobot Seeks to Raise $500 Mln-Sources”
GUSTO
“Gusto Makes First Acquisition, Buying Ardius to Expand into R&D Tax Credits”
KEEPTRUCKIN
“Fleet Management Software Provider KeepTruckin Procures $190M At $2.3B Valuation: Bloomberg”
REVOLUT
“Revolut Revenue Grew by 57% in 2020”
SENTINELONE
“SentinelOne Sets IPO Terms, to Raise up to $928 Million”