Pre-IPO Sector News Update
July 19, 2021
Last week, Amplitude confidentially filed documents for its IPO.
Blend Labs raised $360 million in its IPO at roughly a $4 billon valuation.
Carta was raising between $500 million and $600 million at a $7.4 billon valuation.
Cybereason raised $275 million at a $3.1 billion valuation.
Discord acquired Sentropy, a software that detects and removes online harassment.
Revolut raised $800 million at a $33 billion valuation.
In its latest regulatory filing, Robinhood planned to sell its shares at a range of $38 per share to $42 per share, raising roughly $2.3 billion at the top end of the range which translates to a $35 billion valuation.
The news articles and links presented below are available for your reference.
AMPLITUDE
“Analytics Firm Amplitude Confidentially Files for Direct Listing”
BLEND LABS
“Blend Labs Hits A Nearly $4 Billion Valuation As It Makes Its NYSE Debut”
CARTA
“Silver Lake to Lead New Carta Funding at $7.4 Billion Valuation”
CYBEREASON
“Cybereason Lands $275M From Mnuchin’s New Firm And Others”
DISCORD
“Discord Buys Sentropy, Which Makes AI Software That Fights Online Harassment”
REVOLUT
“Revolut Confirms a Fresh $800M in Funding at a $33B Valuation to Supercharge its Financial Services Superapp”
ROBINHOOD
“Robinhood is Seeking a Market Valuation as High as $35 Billion in Upcoming IPO”