Athelas IPO: Investment Opportunities & Pre-IPO Valuations

Company details

Athelas is a healthcare business whose core product, Athelas Home, is an at-home blood diagnostics device requiring a finger prick to produce health insights. Other Athelas products, including their Scribe for healthcare providers and PillTrack, are on the market. Athelas was founded in 2014 by Tanay Tandon and Deepika Bodapati and is headquartered in Mountain View, CA.

athelas.com

Sector

Healthcare

Subsector

Digital Health

Founded

2016

Forge Price ¹

Price not yet available

Post-Money Valuation ³

$969.5MM

Total Funding

$365.02MM

LFR Price per Share

$xx.xx

Last Funding Share Class

Series B-2

Learn more about Athelas

To invest in Athelas pre-IPO

Can you invest in Athelas pre-IPO?

Athelas is a privately held company and is not publicly traded, therefore investing in Athelas pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of Athelas before it goes public?

You can seek to sell your shares in Athelas 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.

What is the pre-IPO value of my Athelas shares?

To determine the value of your Athelas shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your Athelas shares. You can also learn more about how to sell your private shares before getting started.

Is Athelas a publicly traded company?

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.

To learn more about Athelas potential IPO

Will Athelas go IPO?

Athelas 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 2025.

What is Athelas’ IPO price?

The Athelas IPO price does not exist at this time, as Athelas 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 Athelas register for Forge Markets, today.

When was Athelas founded?

Athelas was founded in 2016.

What is Athelas funding to date?

Athelas has raised $365.02MM to date.

Athelas major investors

Sequoia Capital

Tribe Capital

Shasta Ventures

Qasar Younis

Initialized Capital Management

Ycombinator

Elad Gil

Liquid2

Csc Upshot Ventures

Fifty Years

General Catalyst

Richard Socher

Initialized Capital

Liquid 2 Ventures

Undisclosed Investors

Greenoaks

Y Combinator

Human Capital

James Hong

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Athelas funding rounds and valuation

Funding history chart

Funding round details

	Funding Date	Share Class	Amount Raised	Price per Share	Post-Money Valuation	Key Investors
	10/03/2023	Series B-2	$60MM	$xx.xx	$969.5MM	Undisclosed Investors
Price per Share $xx.xx Shares Outstanding 577,146 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 6.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Undisclosed Investors
	01/24/2022	Series B Prime	$59.11MM	$xx.xx	$1.5B	General Catalyst, Greenoaks, Human Capital, Initialized Capital, Sequoia Capital, Tribe Capital, Ycombinator
Price per Share $xx.xx Shares Outstanding 364,654 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 6.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors General Catalyst, Greenoaks, Human Capital, Initialized Capital, Sequoia Capital, Tribe Capital, Ycombinator
	01/24/2022	Series B-1 Prime	$324,881.00	$xx.xx	$1.5B	General Catalyst, Greenoaks, Human Capital, Initialized Capital, Sequoia Capital, Tribe Capital, Ycombinator
Price per Share $xx.xx Shares Outstanding 4,195 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 6.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors General Catalyst, Greenoaks, Human Capital, Initialized Capital, Sequoia Capital, Tribe Capital, Ycombinator
	08/10/2021	Series B	$72MM	$xx.xx	$414.22MM	General Catalyst, Greenoaks, Initialized Capital, Sequoia Capital, Y Combinator
Price per Share $xx.xx Shares Outstanding 929,683 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 6.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors General Catalyst, Greenoaks, Initialized Capital, Sequoia Capital, Y Combinator
	08/10/2021	Series B-1	$1.52MM	$xx.xx	$414.22MM	General Catalyst, Greenoaks, Initialized Capital, Sequoia Capital, Y Combinator
Price per Share $xx.xx Shares Outstanding 56,302 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 6.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors General Catalyst, Greenoaks, Initialized Capital, Sequoia Capital, Y Combinator
	02/01/2019	Series A	$14MM	$xx.xx	$140.72MM	Undisclosed Investors
Price per Share $xx.xx Shares Outstanding 515,632 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 6.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Undisclosed Investors
	08/28/2017	Series A-4	$3.19MM	$xx.xx	$65.4MM	Elad Gil, Initialized Capital, James Hong, Liquid2, Qasar Younis, Richard Socher, Sequoia Capital
Price per Share $xx.xx Shares Outstanding 1,687,713 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 6.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Elad Gil, Initialized Capital, James Hong, Liquid2, Qasar Younis, Richard Socher, Sequoia Capital
	08/28/2017	Series A-2	$2.05MM	$xx.xx	$65.4MM	Elad Gil, Initialized Capital, James Hong, Liquid2, Qasar Younis, Richard Socher, Sequoia Capital
Price per Share $xx.xx Shares Outstanding 271,125 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 6.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Elad Gil, Initialized Capital, James Hong, Liquid2, Qasar Younis, Richard Socher, Sequoia Capital
	08/28/2017	Series A-3	$119,998.00	$xx.xx	$65.4MM	Elad Gil, Initialized Capital, James Hong, Liquid2, Qasar Younis, Richard Socher, Sequoia Capital
Price per Share $xx.xx Shares Outstanding 52,902 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 6.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Elad Gil, Initialized Capital, James Hong, Liquid2, Qasar Younis, Richard Socher, Sequoia Capital
	08/28/2017	Series A-5	$99,999.00	$xx.xx	$65.4MM	Elad Gil, Initialized Capital, James Hong, Liquid2, Qasar Younis, Richard Socher, Sequoia Capital
Price per Share $xx.xx Shares Outstanding 53,550 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 6.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Elad Gil, Initialized Capital, James Hong, Liquid2, Qasar Younis, Richard Socher, Sequoia Capital
	08/28/2017	Series A-1	$99,994.00	$xx.xx	$65.4MM	Elad Gil, Initialized Capital, James Hong, Liquid2, Qasar Younis, Richard Socher, Sequoia Capital
Price per Share $xx.xx Shares Outstanding 10,580 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 6.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Elad Gil, Initialized Capital, James Hong, Liquid2, Qasar Younis, Richard Socher, Sequoia Capital

Access Stock Price

Private companies exploring an IPO

					Last Funding Round
Company		Forge Price	Forge Price Change ⁵	Last Closed Trade	Share Class	Post-Money Valuation	Price per Share	Amount Raised
	Anduril	$42.52	+42.78%	$xx.xx	Series G	$28B	$xx.xx	$2.58B
	Cerebras	$28.78	-0.14%	$xx.xx	Series F-1	$2.87B	$xx.xx	$420MM
	Discord	$239.72	+6.61%	$xx.xx	Series I	$15.2B	$xx.xx	$500MM
	Klarna	$37.31	+21.02%	$xx.xx	Unknown	--	--	--
	Kraken	$22.43	+0.4%	$xx.xx	Series B	$5.52B	$xx.xx	$52.5MM
	Figure	$5.76	+7.87%	$xx.xx	Series D	$3.33B	$xx.xx	$220MM
	Liquid Death	$9.00	-6.25%	$xx.xx	Series F-1	$1.4B	$xx.xx	$67.61MM
	Figma	$38.00	+0.03%	$xx.xx	Series E	$10B	$xx.xx	$200MM
	Circle	$30.00	+17.65%	$xx.xx	Series F	$8.05B	$xx.xx	$401MM
	Chime	$31.50	+0.8%	$xx.xx	Series G	$24.93B	$xx.xx	$1.1B

See Tech IPO Calendar

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Updated on: Feb 13, 2025

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Athelas IPO