Abra was founded in 2014 by James Robinson IV, Pete Kelly, and William Barhydt. While the company appointed its first CFO in 2022, Abra has not publicly discussed plans to participate in an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Abra is a cryptocurrency investment app that allows users to trade more than 100 cryptocurrencies and reports to have processed more than $1 billion in crypto-backed loans. The company states that its user count grew by more than 300% in 2021 and that its transaction volume grew by more than 660% within the same timeframe. Abra has raised more than $100 million in venture capital funding from investors including IGNIA, American Express, Foxconn, Blockchain Capital, Kingsway Capital, and CMT Digital. Abra's most recent round of funding raised $55 million and increased the company's valuation to $500 million.
Abra is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
Abra has not yet filed for an IPO. However, it's important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or through mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.
Abra is privately held company and is not publicly traded, therefor investing in Abra pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to invest in private companies before their potential IPO. If you are not an accredited investor, discover how to begin the the process to potentially qualify for new investment opportunities.
To determine the value of your Abra shares, create a free account to gain access to Forge’s platform. Forge Markets contains pricing information for hundreds of pre-IPO companies. A Private Market Specialist will also be available to assist you with any inquiries related to your Abra shares. You can also learn more about how to sell your private shares before getting started.
Yes, you can seek to sell shares in Abra while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.
Date | Funding Round | Funding Raised | Price per Share | Last Known Valuation |
---|---|---|---|---|
9/15/2021 | Series C, C-1 and C-2 |
$55MM raised | $XXX.XX | $XXX.XX |
10/23/2017 | Series B and B-1 |
$20.41MM raised | $XXX.XX | $XXX.XX |
3/31/2016 | Series A-2 |
$5.98MM raised | $XXX.XX | $XXX.XX |
9/10/2015 | Series A and A-1 |
$12.8MM raised | $XXX.XX | $XXX.XX |
7/18/2014 | Series Seed |
$2.22MM raised | $XXX.XX | $XXX.XX |