Pre-IPO Sector News

October 25, 2021

  • Last week, Brex raised $300 million at a $12.3 billion valuation.

  • Instacart acquired Caper AI, a checkout automation product suite.

  • Klarna acquired Inspirock, a travel planning application.

  • N26 raised $900 million at a $9 billion valuation.

  • Rippling raised $250 million at a $6.5 billion valuation.

  • Scopely purchased GSN Games, a studio that develops casino and skill-based games, from Sony Pictures for $1 billion.

  • Stripe acquired Recko, a payments reconciliation startup.

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Kirat Lall
Pre-IPO Sector News

October 18, 2021

  • Last week, Dataminr acquired Krizo, a crisis response platform.

  • GitLab raised $801 million in its IPO at a $11 billion valuation.

  • Magic Leap raised $500 million at a $2 billion valuation.

  • Outreach acquired Canopy, a revenue analysis tool.

  • Plume raised $300 million at a $2.6 billion valuation.

  • TripActions raised $275 million at a $7.25 billion valuation.

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Kirat Lall
Pre-IPO Sector News

October 12, 2021

  • Last week, Databricks acquired 8080 Labs, a low code data analytics platform.

  • Instacart acquired FoodStorm, an order management system.

  • Notion raised $275 million at a $10 billion valuation.

  • Ola acquired GeoSpoc, a mapping analytics startup.

  • SpaceX closed a $755 million secondary transaction with current and new investors at a $100 billion valuation.

  • Udemy filed its S1 for its upcoming IPO.

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Kirat Lall
Pre-IPO Sector News

October 4, 2021

  • Last week, Amplitude went public via a direct listing that valued the company at $5 billion.

  • Andela raised $200 million at a $1.5 billion valuation.

  • Arctic Wolf acquired Habitu8, a security awareness management platform.

  • Betterment raised $160 million at a $1.3 billion valuation.

  • Byju’s raised $300 million at a $18 billion valuation.

  • Meesho raised $500 million at a $4.9 billion valuation.

  • OneLogin was acquired by One Identity.

  • Warby Parker went public via a direct listing that valued the company at $6.8 billion.

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Kirat Lall
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.

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Kirat Lall
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