Pre-IPO Sector News

September 27, 2021

• Last week, Fivetran raised $565 million at a $5.6 billion valuation. In addition, the company acquired HVR, a data integration startup, for $700 million.

• Freshworks raised $1.02 billion in its IPO at a $10 billion valuation.

• Oyo Rooms planned to raise $1.2 billion in its upcoming IPO at a $12 billion valuation.

• Remitly raised $523 million in its IPO at a $6.9 billion valuation.

• Toast raised $870 million in its IPO at a $20 billion valuation.

  The news articles and links presented below are available for your reference.

  FIVETRAN

  “Fivetran Hauls in $565M on $5.6B Valuation, Acquires Competitor HVR for $700M”

  • https://techcrunch.com/2021/09/20/fivetran-hauls-in-565m-on-5-6b-valuation-acquires-competitor-hvr-for-700m/

  FRESHWORKS

  “Freshworks to Raise $1 Billion in IPO at $10 Billion Valuation”

  • https://economictimes.indiatimes.com/tech/startups/freshworks-to-raise-1-billion-in-ipo-at-10-billion-valuation/articleshow/86416463.cms

  OYO ROOMS

  “India’s Oyo Seeks $1.2 Billion in IPO, Eyes $12 Billion Valuation”

  • https://techcrunch.com/2021/09/22/indias-oyo-to-file-for-1-billion-ipo/

  REMITLY

  “Remittance Processor Remitly Valued at Over $8 bln After Strong Market Debut”

  • https://www.reuters.com/business/finance/remittance-processor-remitly-valued-over-8-bln-after-strong-market-debut-2021-09-23/

  TOAST

  “Toast Raises $870M on First Day of IPO”

  • https://www.restaurantdive.com/news/toast-raises-870m-on-first-day-of-ipo/606977/