Check IPO: Investment Opportunities & Pre-IPO Valuations

Company Details

Check was founded in 2019 by Andrew Brown, Vivek Patel, and Eric Stromberg. Their latest funding, per Forge data, was in 2022 when the company was valued at $725 million after a Series C funding round. As of December 2023, Business Wire reported that Check launched a set of category-defining innovations. The co-founder Andrew Brown commented to Business Wire, “Our new tools represent a major shift in the evolution of embedded finance and payroll,” in response to the innovations. Check has not officially endorsed a plan to participate in an IPO.

Check is a payroll software company that helps platforms incorporate digital payroll solutions into their products. Per Forge data, the company has raised a total of $119 million in funding over 4 rounds since its founding in 2019. Key investors include Stripe and Bedrock.

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

checkhq.com

Sector

FinTech

Subsector

Payments

Founded

2019

Forge Price ¹

Price not yet available

Post-Money Valuation ³

$725.39MM

Total Funding

$119MM

LFR Price per Share

$xx.xx

Last Funding Share Class

Series C

Learn More About Check

To invest in Check pre-IPO

Can you invest in Check pre-IPO?

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

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

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

Is Check 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 Check potential IPO

Will Check go IPO?

Check 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 Check’s IPO price?

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

When was Check founded?

Check was founded in 2019.

What is Check funding to date?

Check has raised $119MM to date.

Check Major Investors

Index Ventures

Thrive Capital

Bedrock

Stripe

ASDF Ventures

Contrary Capital

Check Funding Rounds and Valuation

Funding History Chart

Funding Round Details

	Funding Date	Share Class	Amount Raised	Price per Share	Post-Money Valuation	Key Investors
	02/16/2022	Series C	$75MM	$xx.xx	$725.39MM	Bedrock Capital, Contrary, Index Ventures, Stripe, Thrive Capital
Price per Share $xx.xx Shares Outstanding 3,789,237 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 Bedrock Capital, Contrary, Index Ventures, Stripe, Thrive Capital
	01/27/2021	Series B	$35MM	$xx.xx	$171.22MM	Stripe, Thrive Capital
Price per Share $xx.xx Shares Outstanding 6,021,091 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 Stripe, Thrive Capital
	02/18/2020	Series A	$8MM	$xx.xx	$28.93MM	Bedrock Capital, Index Ventures, Thrive Capital
Price per Share $xx.xx Shares Outstanding 5,629,038 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 Bedrock Capital, Index Ventures, Thrive Capital
	06/14/2019	Series Seed	$999,999.00	$xx.xx	$3.33MM	Bedrock Capital
Price per Share $xx.xx Shares Outstanding 4,550,000 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 Bedrock 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
	Cerebras	$40.08	+9.9%	$xx.xx	Series F-1	$2.84B	$xx.xx	$85MM
	CoreWeave	$1,149.84	+18.78%	$xx.xx	Series C	$19B	$xx.xx	$1.15B
	Chime	$24.86	-0.04%	$xx.xx	Series G	$24.93B	$xx.xx	$1.1B
	Klarna	$370.00	-1.33%	$xx.xx	Unknown	$6.7B	$xx.xx	--
	Turo	$13.55	+4.47%	$xx.xx	Series E	$1.24B	$xx.xx	$240.52MM
	Circle	$24.71	+2.49%	$xx.xx	Series F	$8.05B	$xx.xx	$401MM
	Netskope	$11.07	+2.98%	$xx.xx	Series H	$7.5B	$xx.xx	$300MM
	Liquid Death	$9.47	-0.11%	$xx.xx	Series F-1	$1.4B	$xx.xx	$67.61MM
	Cohesity	$15.66	-18.31%	$xx.xx	Series H-1	$4.69B	$xx.xx	$27.5MM
	MNTN	--	--	$xx.xx	Series D	$2.21B	$xx.xx	$119MM

See Tech IPO Calendar

Updated on: Jan 15, 2025

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