BetterUp was founded in 2013 by Alexi Robichaux and Eddie Medina. BetterUp has not officially endorsed a plan to participate in an IPO.

BetterUp is a mental health coaching platform for businesses and their employees. Per Forge data, BetterUp has raised a total of $569.8 million in funding over 7 rounds. Their latest funding was raised on Oct 8, 2021, from a Series E round. Key investors include ICONIQ Growth, Wellington Management, Lightspeed Venture Partners, and Threshold.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Can you invest in BetterUp pre-IPO?

BetterUp is a privately held company and is not publicly traded, therefore investing in BetterUp 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 BetterUp before it goes public?

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

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Is BetterUp a publicly traded company?

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To learn more about BetterUp potential IPO

Will BetterUp go IPO?

BetterUp 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 BetterUp’s IPO price?

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

When was BetterUp founded?

BetterUp was founded in 2013.

What is BetterUp funding to date?

BetterUp has raised $657.31MM to date.

Who are BetterUp’s major investors?

Sapphire Ventures
Lightspeed Venture Partners
Salesforce Ventures
Workday Ventures
Tenaya Capital
ICONIQ Growth
Broadway Angels
Graph Ventures
Social Capital
Garage Capital
Plus Capital
Firebolt Ventures

BetterUp Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
10/08/2021 Series E $340MM $xx.xx $4.75B Wellington Management, ICONIQ Growth, Lightspeed Venture Partners, Salesforce Ventures, Mubadala Investment Company, Sapphire Ventures, Morningside Group, SV Angel, PLUS Capital
Price per Share
$xx.xx
Shares Outstanding
58,929,963
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Wellington Management, ICONIQ Growth, Lightspeed Venture Partners, Salesforce Ventures, Mubadala Investment Company, Sapphire Ventures, Morningside Group, SV Angel, PLUS Capital
02/25/2021 Series D $152.83MM $xx.xx $1.73B ICONIQ, Lightspeed Venture Partners, Threshold Ventures, Plus Capital, Salesforce Ventures, Sapphire Ventures, Mubadala Capital
Price per Share
$xx.xx
Shares Outstanding
66,080,396
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
ICONIQ, Lightspeed Venture Partners, Threshold Ventures, Plus Capital, Salesforce Ventures, Sapphire Ventures, Mubadala Capital
06/12/2019 Series C $124.22MM $xx.xx $704.35MM Lightspeed Venture Partners, Freestyle Capital, Crosslink Capital, Draper Fisher Jurvetson Management, Threshold Ventures, Tenaya Capital, Silicon Valley Bank
Price per Share
$xx.xx
Shares Outstanding
114,726,752
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Lightspeed Venture Partners, Freestyle Capital, Crosslink Capital, Draper Fisher Jurvetson Management, Threshold Ventures, Tenaya Capital, Silicon Valley Bank
03/28/2018 Series B $27MM $xx.xx $121.47MM Lightspeed Venture Partners, Freestyle Capital, Crosslink Capital, Draper Fisher Jurvetson Management
Price per Share
$xx.xx
Shares Outstanding
110,595,800
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Lightspeed Venture Partners, Freestyle Capital, Crosslink Capital, Draper Fisher Jurvetson Management
11/16/2016 Series Seed-1 $859,982 $xx.xx $34.64MM Draper Fisher Jurvetson, Crosslink Capital, SV Angel, Freestyle Capital, Vista Venture Partners, Social Capital
Price per Share
$xx.xx
Shares Outstanding
27,405,440
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Draper Fisher Jurvetson, Crosslink Capital, SV Angel, Freestyle Capital, Vista Venture Partners, Social Capital
11/16/2016 Series Seed $2.3MM $xx.xx $34.64MM Draper Fisher Jurvetson, Crosslink Capital, SV Angel, Freestyle Capital, Vista Venture Partners, Social Capital
Price per Share
$xx.xx
Shares Outstanding
58,635,740
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Draper Fisher Jurvetson, Crosslink Capital, SV Angel, Freestyle Capital, Vista Venture Partners, Social Capital
11/16/2016 Series A $10.09MM $xx.xx $34.64MM Draper Fisher Jurvetson, Crosslink Capital, SV Angel, Freestyle Capital, Vista Venture Partners, Social Capital
Price per Share
$xx.xx
Shares Outstanding
96,763,320
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Draper Fisher Jurvetson, Crosslink Capital, SV Angel, Freestyle Capital, Vista Venture Partners, Social Capital
Updated on: Nov 17, 2024

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