Late Stage Mature Pre IPO Unicorns - PreIPOSwap.com

Robinhood Targets $35 Billion Valuation In Upcoming IPO, Offers Users Early Access

From Zero Hedge: Update (1234ET): As expected, Robinhood will offer its users allotments of its shares at the IPO price via its “IPO Access” program. It’s only fitting that the discount brokerage that drew millions of traders back into the market will rely on retail buying to juice its shares out of the gate. Who else[…]

IPO

Oh No You DIDIn’t!! Chinese Ride-Sharing Firm Crashes Back Near IPO Price

from ZH DIDI just crashed back to within pennies of its IPO price… We appear to have where the underwriters were waiting. *  *  * Didi raised about $4.4 billion in its initial public offering Tuesday after pricing shares at $14 apiece, making it the biggest IPO haul for a Chinese company since Alibaba Group Holding[…]

Several Observations Ahead Of Didi’s Massive IPO Tonight

from ZH With the Didi Chuxing US IPO set to price tonight at the top of its $13-$14 share range (the IPO was covered multiple times early on the first day of the bookbuild last week and the investor books were closed on Monday, one day ahead of schedule), below we present two observations ahead of what[…]

Addepar Valued at $2.17 Billion as Investors Bet on Wealth-Management Tech

From wsj The company, which makes software to track investment performance, has raised $150 million from D1 Capital Partners Addepar CEO Eric Poirier said turbulent markets have helped spur the company’s growth. Wealth-management software provider Addepar Inc. more than doubled its valuation to $2.17 billion from seven months ago in its latest funding round, the[…]

Wallet provider Ledger raises $380M to welcome DeFi ecosystem

from cointelegraph Following a dramatic increase in its revenues in the first quarter, the cryptocurrency security and infrastructure company Ledger completed a new fundraising round led by 10T Holdings. Known for its Ledger Nano S and Nano X hardware wallets, Ledger announced the completion of a $380-million Series C fundraising round, which gave the company a valuation[…]

Marqeta begins a new journey as a public company

from marqeta Today represents an exciting milestone for our company and our mission to be the global standard for modern card issuing. In 2010, Marqeta’s Founder & CEO, Jason Gardner, set out to simplify the complex and change what’s possible with commercial and consumer card programs. Throughout this journey, our open API platform has empowered[…]

Under The Hood: How Tiger Global Earned Its Stripes As The World’s Biggest Unicorn Hunter

From crunchbase Tiger Global Management, already one of the most voracious startup investors in recent years, is roaring into 2021 more aggressively than ever. The 20-year-old New York-based investing firm — part hedge fund, part private equity investor — has not only quietly become the most prolific investor in billion-dollar startups, it is also significantly[…]

Job Site Handshake Joins Unicorn Board With $80M Series E

from crunchbase San Francisco-based Handshake, a job service aimed at college students, announced its Series E funding of $80 million led by prior investors Spark Capital and Lightspeed Venture Partners valuing the company at more than $1.5 billion. This funding comes within seven months of its Series D in October 2020. That round was also $80 million, valuing the company at[…]

The Briefing: Paymentus And Flywire Price IPOs, Perch Secures $775M, And More

from crunchbase Payments companies Paymentus and Flywire price IPOs The payments space is heating up further, as two companies in the sector priced U.S. IPOs for shares slated to begin trading today. Boston-based Flywire, which provides payment processing software to education, health care and technology companies, priced shares at $24, the high end of the projected[…]

Robinhood debuts IPO access to users

From pitchbook Robinhood has started to allow traders on its platform to buy shares of companies in an IPO. The online brokerage will offer shares that have been allocated to it by underwriters, and it won’t have access to all IPOs. Traders who submit requests to purchase a stock may be given access subject to the[…]