ByHeart was founded in 2016 by Ron Belldegrun and Mia Funt. The company has not officially endorsed a plan to participate in an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

ByHeart is a small-batch infant formula company whose products are made with hand-picked and nutritious ingredients. In March 2022, the company received FDA approval and began shipping formula, becoming the first infant nutrition brand to be FDA-registered in the U.S. in decades. The company has raised more $160 million in venture capital funding from investors including D1 Capital Partners, OCV Partners, Polaris Partners, Bellco Capital, Two River Ventures, Red Sea Ventures, and AF Venturesand Gaingels. ByHeart has not released any valuation figures.

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Learn more about ByHeart

To invest in ByHeart pre-IPO

Can you invest in ByHeart pre-IPO?

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

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

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

Is ByHeart a publicly traded company?

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To learn more about ByHeart potential IPO

Will ByHeart go IPO?

ByHeart 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 ByHeart’s IPO price?

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

When was ByHeart founded?

ByHeart was founded in 2016.

What is ByHeart funding to date?

ByHeart has raised $660.26MM to date.

Who are ByHeart’s major investors?

D1 Capital Partners
Ocv Partners
Red Sea Ventures
Sean Parker
Gaingels
Polaris Partners
Two River
Af Ventures
Bellco Capital
Evolution Vc Partners

ByHeart Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
05/13/2024 Series B $265.05MM $xx.xx $879.16MM D1 Capital Partners, OCV Partners, Polaris Partners, Bellco Capital, Two River, Red Sea Ventures, AF Ventures, Gaingels
Price per Share
$xx.xx
Shares Outstanding
25,631,154
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
D1 Capital Partners, OCV Partners, Polaris Partners, Bellco Capital, Two River, Red Sea Ventures, AF Ventures, Gaingels
04/15/2020 Series A-3 $23.01MM $xx.xx $196.56MM Polaris Partners, D1 Capital Partners, OCV Partners, Red Sea Ventures, Sean Parker, Bellco Capital, Two River
Price per Share
$xx.xx
Shares Outstanding
6,585,269
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Polaris Partners, D1 Capital Partners, OCV Partners, Red Sea Ventures, Sean Parker, Bellco Capital, Two River
04/15/2020 Series A-2 $9.06MM $xx.xx $196.56MM Polaris Partners, D1 Capital Partners, OCV Partners, Red Sea Ventures, Sean Parker, Bellco Capital, Two River
Price per Share
$xx.xx
Shares Outstanding
5,814,487
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Polaris Partners, D1 Capital Partners, OCV Partners, Red Sea Ventures, Sean Parker, Bellco Capital, Two River
04/15/2020 Series A-1 $70MM $xx.xx $196.56MM Polaris Partners, D1 Capital Partners, OCV Partners, Red Sea Ventures, Sean Parker, Bellco Capital, Two River
Price per Share
$xx.xx
Shares Outstanding
15,025,973
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Polaris Partners, D1 Capital Partners, OCV Partners, Red Sea Ventures, Sean Parker, Bellco Capital, Two River
Updated on: Nov 21, 2024

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