Startup News:Instacart goes public, while Klaviyo, Turo, and Neumora provide fresh details about IPO plans
Startup News:
Trading
Data
Solutions
Insights
About
Astera Labs was founded in 2017 by Casey Morrison, Jitendra Mohan, and Sanjay Gajendra. While the company had announced plans to go public in 2022, Astera Labs decided to instead hold another round of private funding. "This funding round and the significant revenue we’re bringing in allows us to control our timing," Gajendra said.
Astera Labs is a California-based "fabless" semiconductor company, meaning that while the company designs and markets semiconductor products, production is outsourced. The company's flagship "Leo" platform is designed to enable large-scale deployment of AI/ML programs. Astera Labs has raised more than $200 million in venture capital funding from investors including Fidelity Management, Sutter Hill Ventures, Intel Capital, and Atreides Management. The company announced a valuation of $3.2 billion following a $150 million funding round in 2022.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Astera Labs 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.
The stock price for Astera Labs will be known as it becomes public. Here are similar public companies: Hewlett Packard (NYS: HPE), Nvidia (NAS: NVDA), Dell Technologies (NYS: DELL), Sony (NYS: SONY), IBM (NYS: IBM).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 11/17/2022 | Series D | $150MM raised | $XXX.XX | $XXX.XX |
| 9/27/2021 | Series C | $52.51MM raised | $XXX.XX | $XXX.XX |
| 4/22/2020 | Series B and B-1 | $26.12MM raised | $XXX.XX | $XXX.XX |
| 3/21/2018 | Series A and A-1 | $8.5MM raised | $XXX.XX | $XXX.XX |
Astera Labs is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Astera Labs pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Astera Labs 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.
