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.

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To learn more about Aspiration potential IPO

Will Aspiration go IPO?

Aspiration 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 mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Aspiration’s IPO price?

The Aspiration IPO price does not exist at this time, as Aspiration is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Aspiration register for Forge Markets, today.

When was Aspiration founded?

Aspiration was founded in 2013.

What is Aspiration funding to date?

Aspiration has raised $423.15MM to date.

Who are Aspiration’s major investors?

Capricorn Investment Group
AGO Partners
To.org
Brand Capital International

Aspiration Funding Rounds and Valuation

Funding History Chart
Funding Round Details
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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
11/16/2021 Series C-4 $49MM $xx.xx $2.08B Jovono, Footprint Coalition, Deep Field Asset Management
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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Jovono, Footprint Coalition, Deep Field Asset Management
05/21/2020 Series C-3 $22.86MM $xx.xx $1.04B Alpha Edison, UBS O'Connor, DNS Capital, Radicle Impact, Sutter Rock, Jeff Skoll, Joseph Sanberg, Social Impact Finance, the Pohlad Companies, AGO Partners
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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Alpha Edison, UBS O'Connor, DNS Capital, Radicle Impact, Sutter Rock, Jeff Skoll, Joseph Sanberg, Social Impact Finance, the Pohlad Companies, AGO Partners
05/21/2020 Series C-2 $31.49MM $xx.xx $1.04B Alpha Edison, UBS O'Connor, DNS Capital, Radicle Impact, Sutter Rock, Jeff Skoll, Joseph Sanberg, Social Impact Finance, the Pohlad Companies, AGO Partners
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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Alpha Edison, UBS O'Connor, DNS Capital, Radicle Impact, Sutter Rock, Jeff Skoll, Joseph Sanberg, Social Impact Finance, the Pohlad Companies, AGO Partners
05/21/2020 Series C-1 $95.89MM $xx.xx $1.04B Alpha Edison, UBS O'Connor, DNS Capital, Radicle Impact, Sutter Rock, Jeff Skoll, Joseph Sanberg, Social Impact Finance, the Pohlad Companies, AGO Partners
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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Alpha Edison, UBS O'Connor, DNS Capital, Radicle Impact, Sutter Rock, Jeff Skoll, Joseph Sanberg, Social Impact Finance, the Pohlad Companies, AGO Partners
12/12/2017 Series B-5 $485,514 $xx.xx $403.73MM Allen and Company, Omidyar Network, Alpha Edison, AGO Partners, Reyl & Cie, Capricorn Investments, Orlando Bloom, Deborah Hopkins, Brian Weinstein
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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Allen and Company, Omidyar Network, Alpha Edison, AGO Partners, Reyl & Cie, Capricorn Investments, Orlando Bloom, Deborah Hopkins, Brian Weinstein
12/12/2017 Series B-4 $5.97MM $xx.xx $403.73MM Allen and Company, Omidyar Network, Alpha Edison, AGO Partners, Reyl & Cie, Capricorn Investments, Orlando Bloom, Deborah Hopkins, Brian Weinstein
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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Allen and Company, Omidyar Network, Alpha Edison, AGO Partners, Reyl & Cie, Capricorn Investments, Orlando Bloom, Deborah Hopkins, Brian Weinstein
12/12/2017 Series B-3 $3.6MM $xx.xx $403.73MM Allen and Company, Omidyar Network, Alpha Edison, AGO Partners, Reyl & Cie, Capricorn Investments, Orlando Bloom, Deborah Hopkins, Brian Weinstein
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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Allen and Company, Omidyar Network, Alpha Edison, AGO Partners, Reyl & Cie, Capricorn Investments, Orlando Bloom, Deborah Hopkins, Brian Weinstein
12/12/2017 Series B-2 $255,926 $xx.xx $403.73MM Allen and Company, Omidyar Network, Alpha Edison, AGO Partners, Reyl & Cie, Capricorn Investments, Orlando Bloom, Deborah Hopkins, Brian Weinstein
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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Allen and Company, Omidyar Network, Alpha Edison, AGO Partners, Reyl & Cie, Capricorn Investments, Orlando Bloom, Deborah Hopkins, Brian Weinstein
12/12/2017 Series B-1 $37.41MM $xx.xx $403.73MM Allen and Company, Omidyar Network, Alpha Edison, AGO Partners, Reyl & Cie, Capricorn Investments, Orlando Bloom, Deborah Hopkins, Brian Weinstein
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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Allen and Company, Omidyar Network, Alpha Edison, AGO Partners, Reyl & Cie, Capricorn Investments, Orlando Bloom, Deborah Hopkins, Brian Weinstein
09/17/2015 Series A $17.7MM $xx.xx $78.95MM Renren, GSV Capital, Capricorn Investment Group, IGSB, David Bonderman, Gordon Crawford, Matthew Dowd, Rick Hess, Bill Lee, Joe Lonsdale, Alexis Maybank, Lenny Mendonca, Steven Rattner, Dan Rosensweig, Matthew Salzberg, Joseph Sanberg, Frank Yeary
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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Renren, GSV Capital, Capricorn Investment Group, IGSB, David Bonderman, Gordon Crawford, Matthew Dowd, Rick Hess, Bill Lee, Joe Lonsdale, Alexis Maybank, Lenny Mendonca, Steven Rattner, Dan Rosensweig, Matthew Salzberg, Joseph Sanberg, Frank Yeary
08/05/2015 Series Seed $2.5MM $xx.xx $7.14MM Pomeroy Capital, AGO Partners, James Meeks, Alex Pomeroy, 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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Pomeroy Capital, AGO Partners, James Meeks, Alex Pomeroy, Walid Gardezi
Updated on: Nov 21, 2024

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