BetterUp

BetterUp IPO

$4.75B
Series E Valuation, Oct 2021
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Company Details

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.

Founded
2013
Headquarters
Austin, TX, United States
Forge Price 1
$2.04
Forge Price Date
02/21/2025
Post-Money Valuation 3
$4.75B
Total Funding
$657.31MM
LFR Price per Share
$xx.xx
Last Funding Share Class
Series E

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To invest in BetterUp pre-IPO

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?

You can seek to sell your shares in BetterUp 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 BetterUp shares?

To determine the value of your BetterUp 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 BetterUp shares. You can also learn more about how to sell your private shares before getting started.

Is BetterUp 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 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 2025.

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.
BetterUp 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 Iconiq Growth, Lightspeed Venture Partners, Morningside Group, Mubadala Investment Company, Plus Capital, Salesforce Ventures, Sapphire Ventures, Sv Angel, Wellington Management
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
--
Key Investors
Iconiq Growth, Lightspeed Venture Partners, Morningside Group, Mubadala Investment Company, Plus Capital, Salesforce Ventures, Sapphire Ventures, Sv Angel, Wellington Management
02/25/2021 Series D $152.83MM $xx.xx $1.73B Iconiq, Lightspeed Venture Partners, Mubadala Capital, Plus Capital, Salesforce Ventures, Sapphire Ventures, Threshold Ventures
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
--
Key Investors
Iconiq, Lightspeed Venture Partners, Mubadala Capital, Plus Capital, Salesforce Ventures, Sapphire Ventures, Threshold Ventures
06/12/2019 Series C $124.22MM $xx.xx $704.35MM Crosslink Capital, Draper Fisher Jurvetson Management, Freestyle Capital, Lightspeed Venture Partners, Silicon Valley Bank, Tenaya Capital, Threshold Ventures
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
--
Key Investors
Crosslink Capital, Draper Fisher Jurvetson Management, Freestyle Capital, Lightspeed Venture Partners, Silicon Valley Bank, Tenaya Capital, Threshold Ventures
03/28/2018 Series B $27MM $xx.xx $121.47MM Crosslink Capital, Draper Fisher Jurvetson Management, Freestyle Capital, Lightspeed Venture Partners
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
--
Key Investors
Crosslink Capital, Draper Fisher Jurvetson Management, Freestyle Capital, Lightspeed Venture Partners
11/16/2016 Series A $10.09MM $xx.xx $34.64MM Crosslink Capital, Draper Fisher Jurvetson, Freestyle Capital, Social Capital, Sv Angel, Vista Venture Partners
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
--
Key Investors
Crosslink Capital, Draper Fisher Jurvetson, Freestyle Capital, Social Capital, Sv Angel, Vista Venture Partners
11/16/2016 Series Seed $2.3MM $xx.xx $34.64MM Crosslink Capital, Draper Fisher Jurvetson, Freestyle Capital, Social Capital, Sv Angel, Vista Venture Partners
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
--
Key Investors
Crosslink Capital, Draper Fisher Jurvetson, Freestyle Capital, Social Capital, Sv Angel, Vista Venture Partners
11/16/2016 Series Seed-1 $859,982.00 $xx.xx $34.64MM Crosslink Capital, Draper Fisher Jurvetson, Freestyle Capital, Social Capital, Sv Angel, Vista Venture Partners
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
--
Key Investors
Crosslink Capital, Draper Fisher Jurvetson, Freestyle Capital, Social Capital, Sv Angel, Vista Venture Partners
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
CerebrasCerebras$36.58+0.03%$xx.xxSeries F-1$2.84B$xx.xx$85MM
CoreWeaveCoreWeave$1,200.00+4.36%$xx.xxSeries C$19B$xx.xx$1.15B
ChimeChime$26.50+6.6%$xx.xxSeries G$24.93B$xx.xx$1.1B
KlarnaKlarna$447.67+20.99%$xx.xxUnknown------
Liquid DeathLiquid Death$9.49+0.21%$xx.xxSeries F-1$1.4B$xx.xx$67.61MM
CircleCircle$25.50+3.2%$xx.xxSeries F$8.05B$xx.xx$401MM
NetskopeNetskope$12.03+8.67%$xx.xxSeries H$7.5B$xx.xx$300MM
CohesityCohesity$15.66-2.12%$xx.xxSeries H-1$4.69B$xx.xx$27.5MM
SheinShein----$xx.xx--------
DataminrDataminr$11.94-1.32%$xx.xxSeries F$4.1B$xx.xx$475MM

Updated on: Feb 12, 2025

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