Aspiration was founded in 2013 by Andrei Cherny and Joseph N. Sanberg. The company announced plans to go public through a $2.3 billion SPAC merger in 2021. The deal has been delayed and their original CEO has resigned.
Aspiration is an environmentally-friendly fintech company. Every time someone uses the company's credit card, one of Aspiration's global reforestation partners will plant a tree, helping offset the user's carbon footprint. Users also receive 1% cash back on every purchase. The company acquired Carbon Insights in 2022. Aspiration has raised more than $250 million in venture capital funding from investors including AlphaEdison, Capricorn Investment Group, Allen & Co., Leonardo DiCaprio, Orlando Bloom, and Robert Downey Jr.’s Footprint Coalition. The company has not disclosed valuation figures since the proposed SPAC deal.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
12/06/2022 | Series C-5 | $156MM | $xx.xx | $3.13B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
6,694,272
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.5x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
11/16/2021 | Series C-4 | $49MM | $xx.xx | $2.08B | Deep Field Asset Management, Footprint Coalition, Jovono | |
Price per Share
$xx.xx
Shares Outstanding
1,894,818
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Deep Field Asset Management, Footprint Coalition, Jovono
|
||||||
05/21/2020 | Series C-3 | $22.86MM | $xx.xx | $1.04B | Ago Partners, Alpha Edison, Dns Capital, Jeff Skoll, Joseph Sanberg, Radicle Impact, Social Impact Finance, Sutter Rock, The Pohlad Companies, Ubs O'Connor | |
Price per Share
$xx.xx
Shares Outstanding
1,975,449
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ago Partners, Alpha Edison, Dns Capital, Jeff Skoll, Joseph Sanberg, Radicle Impact, Social Impact Finance, Sutter Rock, The Pohlad Companies, Ubs O'Connor
|
||||||
05/21/2020 | Series C-2 | $31.49MM | $xx.xx | $1.04B | Ago Partners, Alpha Edison, Dns Capital, Jeff Skoll, Joseph Sanberg, Radicle Impact, Social Impact Finance, Sutter Rock, The Pohlad Companies, Ubs O'Connor | |
Price per Share
$xx.xx
Shares Outstanding
3,469,186
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ago Partners, Alpha Edison, Dns Capital, Jeff Skoll, Joseph Sanberg, Radicle Impact, Social Impact Finance, Sutter Rock, The Pohlad Companies, Ubs O'Connor
|
||||||
05/21/2020 | Series C-1 | $95.89MM | $xx.xx | $1.04B | Ago Partners, Alpha Edison, Dns Capital, Jeff Skoll, Joseph Sanberg, Radicle Impact, Social Impact Finance, Sutter Rock, The Pohlad Companies, Ubs O'Connor | |
Price per Share
$xx.xx
Shares Outstanding
7,042,481
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ago Partners, Alpha Edison, Dns Capital, Jeff Skoll, Joseph Sanberg, Radicle Impact, Social Impact Finance, Sutter Rock, The Pohlad Companies, Ubs O'Connor
|
||||||
12/12/2017 | Series B-2 | $255,926.00 | $xx.xx | $403.73MM | Ago Partners, Allen & Company, Alpha Edison, Brian Weinstein, Capricorn Investments, Deborah Hopkins, Omidyar Network, Orlando Bloom, Reyl & Cie | |
Price per Share
$xx.xx
Shares Outstanding
118,561
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ago Partners, Allen & Company, Alpha Edison, Brian Weinstein, Capricorn Investments, Deborah Hopkins, Omidyar Network, Orlando Bloom, Reyl & Cie
|
||||||
12/12/2017 | Series B-5 | $485,514.00 | $xx.xx | $403.73MM | Ago Partners, Allen & Company, Alpha Edison, Brian Weinstein, Capricorn Investments, Deborah Hopkins, Omidyar Network, Orlando Bloom, Reyl & Cie | |
Price per Share
$xx.xx
Shares Outstanding
76,495
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ago Partners, Allen & Company, Alpha Edison, Brian Weinstein, Capricorn Investments, Deborah Hopkins, Omidyar Network, Orlando Bloom, Reyl & Cie
|
||||||
12/12/2017 | Series B-3 | $3.6MM | $xx.xx | $403.73MM | Ago Partners, Allen & Company, Alpha Edison, Brian Weinstein, Capricorn Investments, Deborah Hopkins, Omidyar Network, Orlando Bloom, Reyl & Cie | |
Price per Share
$xx.xx
Shares Outstanding
1,315,585
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ago Partners, Allen & Company, Alpha Edison, Brian Weinstein, Capricorn Investments, Deborah Hopkins, Omidyar Network, Orlando Bloom, Reyl & Cie
|
||||||
12/12/2017 | Series B-4 | $5.97MM | $xx.xx | $403.73MM | Ago Partners, Allen & Company, Alpha Edison, Brian Weinstein, Capricorn Investments, Deborah Hopkins, Omidyar Network, Orlando Bloom, Reyl & Cie | |
Price per Share
$xx.xx
Shares Outstanding
1,884,921
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ago Partners, Allen & Company, Alpha Edison, Brian Weinstein, Capricorn Investments, Deborah Hopkins, Omidyar Network, Orlando Bloom, Reyl & Cie
|
||||||
12/12/2017 | Series B-1 | $37.41MM | $xx.xx | $403.73MM | Ago Partners, Allen & Company, Alpha Edison, Brian Weinstein, Capricorn Investments, Deborah Hopkins, Omidyar Network, Orlando Bloom, Reyl & Cie | |
Price per Share
$xx.xx
Shares Outstanding
5,304,131
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ago Partners, Allen & Company, Alpha Edison, Brian Weinstein, Capricorn Investments, Deborah Hopkins, Omidyar Network, Orlando Bloom, Reyl & Cie
|
||||||
09/17/2015 | Series A | $17.7MM | $xx.xx | $78.95MM | Alexis Maybank, Bill Lee, Capricorn Investment Group, Dan Rosensweig, David Bonderman, Frank Yeary, Gordon Crawford, Gsv Capital, Igsb, Joe Lonsdale, Joseph Sanberg, Lenny Mendonca, Matthew Dowd, Matthew Salzberg, Renren, Rick Hess, Steven Rattner | |
Price per Share
$xx.xx
Shares Outstanding
9,562,500
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alexis Maybank, Bill Lee, Capricorn Investment Group, Dan Rosensweig, David Bonderman, Frank Yeary, Gordon Crawford, Gsv Capital, Igsb, Joe Lonsdale, Joseph Sanberg, Lenny Mendonca, Matthew Dowd, Matthew Salzberg, Renren, Rick Hess, Steven Rattner
|
||||||
08/05/2015 | Series Seed | $2.5MM | $xx.xx | $7.14MM | Ago Partners, Alex Pomeroy, James Meeks, Pomeroy Capital, Walid Gardezi | |
Price per Share
$xx.xx
Shares Outstanding
7,500,000
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ago Partners, Alex Pomeroy, James Meeks, Pomeroy Capital, Walid Gardezi
|
Last Funding Round | ||||||||
---|---|---|---|---|---|---|---|---|
Company | Forge Price | Forge Price Change 5 | Last Closed Trade | Share Class | Post-Money Valuation | Price per Share | Amount Raised | |
Cerebras | $40.08 | +9.9% | $xx.xx | Series F-1 | $2.84B | $xx.xx | $85MM | |
CoreWeave | $1,149.84 | +18.78% | $xx.xx | Series C | $19B | $xx.xx | $1.15B | |
Chime | $24.86 | -0.04% | $xx.xx | Series G | $24.93B | $xx.xx | $1.1B | |
Klarna | $370.00 | -1.33% | $xx.xx | Unknown | $6.7B | $xx.xx | -- | |
Turo | $13.55 | +4.47% | $xx.xx | Series E | $1.24B | $xx.xx | $240.52MM | |
Circle | $24.71 | +2.49% | $xx.xx | Series F | $8.05B | $xx.xx | $401MM | |
Netskope | $11.07 | +2.98% | $xx.xx | Series H | $7.5B | $xx.xx | $300MM | |
Liquid Death | $9.47 | -0.11% | $xx.xx | Series F-1 | $1.4B | $xx.xx | $67.61MM | |
Cohesity | $15.66 | -18.31% | $xx.xx | Series H-1 | $4.69B | $xx.xx | $27.5MM | |
MNTN | -- | -- | $xx.xx | Series D | $2.21B | $xx.xx | $119MM |
Updated on: Jan 15, 2025
PLEASE READ THESE IMPORTANT LEGAL NOTICES & DISCLOSURES
‘Stock Price’ or other private company metrics (‘PC Data’) may rely on a very limited number of trade and/or IOI inputs in their calculation. PC Data is prepared and disseminated solely for informational purposes. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of PC Data, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of PC Data. PC Data is derived from the performance and pricing of secondary activity on the Forge platform and other private market trading platforms. PC Data is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Reference to company names does not imply any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company.
Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.
Investing in private company securities is not suitable for all investors, is highly speculative, is high risk, and investors should be prepared to withstand a total loss of their investment. Private company securities are highly illiquid and there is no guarantee that a market will develop for such securities. Each investment carries its own risks, and investors should conduct their own due diligence regarding the investment, including obtaining independent professional advice. Past performance is not indicative of future results. This is not a recommendation, offer, solicitation of an offer, or advice to buy or sell securities by Forge, nor an offer of brokerage services in any jurisdiction where Forge is not permitted to offer brokerage services. Brokerage products and services are offered by Forge Securities LLC, a registered broker-dealer and member FINRA/SIPC. Please see other important disclaimers, disclosures and restrictions you acknowledge by using this website and to which you are subject.