Pre-IPO Sector News

September 22, 2021

  • Last week, Airwallex raised $200 million at a $4 billion valuation.

  • Byju’s acquired Tynker, a coding platform for kids.

  • Canva raised $200 million at a $40 billion valuation.

  • Discord raised $500 million at a $15 billion valuation.

  • ForgeRock raised $275 million in its IPO at a $1.98 billion valuation.

  • GitLab filed its S1 for its upcoming IPO.

  • GrubMarket raised $120 million at a $1.12 billion valuation.

  • SpaceX completed its milestone Inspiration4 mission which orbited the Earth on a Crew Dragon spacecraft with an all-civilian crew.

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Kirat Lall
Pre-IPO Sector News

September 13, 2021

  • Last week, Bytedance was having preliminary talks with banks to obtain more than $3 billion to refinance its debt.

  • Emulate raised $82 million in a new funding round.

  • Notion acquired Automate.io, a startup that allows seamless integration with 200 services.

  • Snyk raised $530 million at a $8.5 billion valuation.

  • Varo Bank raised $510 million at a $2.5 billion valuation.

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Kirat Lall
Pre-IPO Sector News

September 8, 2021

  • Last week, Allbirds filed its S1 for its upcoming IPO.

  • Delhivery raised $76.4 million from Addition.

  • Ola reached out to banks to advise on its upcoming $1 billion IPO raise.

  • Patreon acquired Clear Talent, a tech recruiting corporation.

  • Udemy acquired CorpU, a leadership development platform.

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Kirat Lall
Pre-IPO Sector News

September 1, 2021

  • Last week, Bytedance acquired Pico, a developer of a virtual reality headset.

  • Ramp raised $300 million at a $3.9 billion valuation. In addition, the company acquired Buyer, a firm that assist startups in negotiating prices for their software spending.

  • Rivian confidentially filed documents for its IPO.

  • Sweetgreen acquired Spyce, a developer of kitchen automation technology.

  • Toast filed its S1 for its upcoming IPO.

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Kirat Lall
Pre-IPO Sector News

August 23, 2021

  • Last week, Brex acquired Weav, a startup that developed an API to track business customers’ commerce data, for $50 million.

  • Databricks was raising at least $1.5 billion in a new funding round at a $38 billion valuation.

  • People.ai raised $100 million at a $1.1 billion valuation.

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

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Dominic Cioffi
Pre-IPO Sector News

August 16, 2021

  • Bluecore raised $125 million at a $1 billion valuation.

  • Dataiku raised $400 million at a $4.6 billion valuation.

  • Hootsuite acquired HeyDay, a conversational customer service software firm that develops chatbots.

  • Impossible Food’s appointed Leilani Gayles as its Chief People Officer and David Borecky as its Chief Financial Officer. Gayles was previously the Chief People Officer for the SF Giants. Before becoming Impossible Food’s CFO, Borecky held the Interim Chief Financial Officer role. In addition, Borecky was a Controller at Stripe and Principal of Corporate Development at Square.

  • Rapyd raised $300 million at a $8.5 billion valuation.

  • Airtable acquired Bayes, a data visualization startup.

  • Chime raised $750 million at a $25 billion valuation.

  • Gusto raised $175 million at a $9.5 billion valuation.

  • Niantic acquired Scaniverse, a 3D scanning app.

  • Plaid reached a $58 million settlement for a class action lawsuit for not obtaining customer consent prior to utilizing its user’s banking data.

  • Reddit raised $700 million at $10 billion valuation.

  • Turo confidentially filed documents for its IPO.

  • Upgrade raised $105 million at a $3.325 billion valuation.

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Dominic Cioffi