Pre-IPO Sector News Update

October 19, 2020

  • Last week, Calm was raising funding at a $2.2 billion valuation.

  • Databricks achieved $350 million revenue run rate.

  • Getaround raised $140 million in a new funding round.

  • Proterra raised $200 million in new funding round.

  • Roblox confidentially filed for its IPO.

  • Stripe acquired Paystack, a Nigeria based payments API platform, to expand its presence in Africa.

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Kirat Lall
Pre-IPO Sector News Update

October 12, 2020

  • Last week, Affirm confidentially filed documents for its upcoming IPO.

  • Clover Health was acquired by Social Capital Hedosophia Holdings Copr. III, a SPAC, for $3.7 billion.

  • Instacart raised $200 million at a $17.7 billion valuation.

  • Marqeta received an undisclosed investment from MasterCard.

  • Segment was acquired by Twilio for $3.2 billion.

  • Two weeks ago, Better was raising $100 million at a $4 billion valuation.

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Kirat Lall
Pre-IPO Sector News Update

October 5, 2020

  • Last week, Airbnb was planning to raise $3 billion in its expected IPO.

  • Asana went public via a direct listing that valued the company at $4.2 billion

  • Palantir went public via a direct listing that valued the company at $20.6 billion.

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Kirat Lall
Pre-IPO Sector News Update

September 28, 2020

  • Last week, Chargepoint was merged with Switchback Energy Acquisition Corporation, a SPAC, in a deal that valued the company at $2.4 billion.

  • GoodRx raised $1.14 billion in its IPO at a $12.67 billion valuation.

  • Grail was acquired by Illumina for $8 billion.

  • Robinhood raised an additional $460 million as an extension of its Series G funding round.

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

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Kirat Lall
Pre-IPO Sector News Update

September 21, 2020

  • Last week, Snowflake raised $3.36 billion its its IPO at a $33 billion valuation.

  • Unity raised $1.3 billion in its IPO at a $13.7 billion valuation.

  • Affirm raised $500 million in its Series G round.

  • Chime raised $485 million in its Series F round at a $14.5 billion valuation.

  • Dataminr hired Nella Domenici as its new CFO. Domenici previously worked at Bridgewater Associates and Credit Suisse.

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Kirat Lall
Pre-IPO Sector News Update

September 14, 2020

  • Last week, Airtable raised $185 million at a $2.58 billion valuation.

  • Tiktok was having advanced discussions to be acquired by Oracle.

  • Klarna was in talks with investors to raise a new funding round at a valuation greater than $10 billion.

  • Zymergen raised $300 million in its Series D round.

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Kirat Lall