Algolia IPO

algolia.com

Algolia was founded in 2012 by Nicolas Dessaigne and Julien Lemoine. While the company has not spoken about publicly an IPO, rapid growth has led commentators to wonder if we may see one in the future. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Algolia offers "search as a service," streamlining the process of searching content within a website. According to TechCrunch, "the company now has over 10,000 customers, including some big names, such as Slack, Stripe, Medium, Zendesk and Lacoste," handling "over 1.5 trillion search queries per year." They go on to say, "while the company doesn't share revenue numbers directly, Algolia says that its annual recurring revenue has increased by 180% year over year." In July 2021 a press release, the company states that their latest round of funding brought in $150 million, bringing their total funding to $315 million from investors including Fidelity Management & Research Company LLC, STEADFAST Capital Ventures, Glynn Capital, and Twilio. This latest round of funding increased Algolia's post-money valuation to $2.25 billion.

Founded2012
Total Funding to Date$314.89MM
Register for Details

For more details on financing and valuation for Algolia, register or login.

Please provide your first name.
Please provide your last name.
Please provide a valid email address.

By registering, you agree to Forge’s Terms of Use. Already registered? Click here to log in

Algolia Ticker Symbol

Algolia does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.

Algolia Stock Price

The stock price for Algolia will be known as it becomes public. Here are similar public companies: Dropbox (NAS: DBX), Okta (NAS: OKTA), VMware (NYS: VMW), Workday (NAS: WDAY), Atlassian (NAS: TEAM).

Algolia Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
7/28/2021 Series D $2.26B $XXX.XX $XXX.XX
10/15/2019 Series C $646.19MM $XXX.XX $XXX.XX
6/9/2017 Series B $367.19MM $XXX.XX $XXX.XX
5/20/2015 Series A and A-1 $110MM $XXX.XX $XXX.XX
6/19/2014 Series Seed $20MM $XXX.XX $XXX.XX
Based on primary financings

Other companies like Algolia in the Enterprise Software sector

Sector
Last Round Est. Valuation
$7.3B
Sector
Last Round Est. Valuation
$37.89B
Sector
Last Round Est. Valuation
$7.53B
Sector
Last Round Est. Valuation
$12.38B
Sector
Last Round Est. Valuation
$11.25B
Sector
Last Round Est. Valuation
$8.93B
Sector
Last Round Est. Valuation
$4.14B