Chime was founded in 2011 by Chris Britt and Ryan King. In December 2023 Business Insider included Chime as a company anticipating a 2024 IPO, stating “The digital bank denied it had immediate plans for a public debut but may have been simply waiting out the frozen market.”
Chime is a no-fee mobile banking platform that enables each software user’s financial health. Per Forge data, Chime has raised a total of $2.3 billion in over 11 rounds. Their latest funding was raised on Jul 28, 2023. Key investors include DST Global, Sequoia Capital Global Equities, Aspect Ventures, Menlo Ventures, Crosslink Capital, and Cathay Innovation.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Chime is a privately held company and is not publicly traded, therefore investing in Chime 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 Chime before it goes public?
You can seek to sell your shares in Chime 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 Chime shares?
To determine the value of your Chime 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 Chime shares. You can also learn more about how to sell your private shares before getting started.
Is Chime 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 Chime potential IPO
Will Chime go IPO?
Chime 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 Chime’s IPO price?
The Chime IPO price does not exist at this time, as Chime 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 Chime register for Forge Markets, today.
When was Chime founded?
Chime was founded in 2013.
What is Chime funding to date?
Chime has raised $5.8B to date.
Who are Chime’s major investors?
Forerunner Ventures
Tiger Global Management
Dst Global
Northwestern Mutual Future Ventures
Crosslink Capital
Aspect Ventures
Cathay Innovation
Whale Rock Capital Management
Coatue
Dragoneer Investment Group
Homebrew
Iconiq Capital
Betsalel Elfassy
Access Technology Ventures
Softbank Investment Advisers
Sequoia Capital
General Atlantic
Softbank
Pivotnorth Capital
Menlo Ventures
Irish Angels
Clocktower Technology Ventures
Zpark Venture
Coatue Management
Valor Equity Partners
Omidyar Network
Northwestern Mutual Capital
Light Street Capital
G Squared
Chime Funding Rounds and Valuation
Funding History Chart
Funding Round Details
Funding Date
Share Class
Amount Raised
Price per Share
Post-Money Valuation
Key Investors
08/13/2021
Series G
$1.1B
$xx.xx
$2.49T
Dragoneer Investment Group, General Atlantic, Sequoia Capital, Softbank, Tiger Global Management
Price per Share
$xx.xx
Shares Outstanding
15,998,308
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
Dragoneer Investment Group, General Atlantic, Sequoia Capital, Softbank, Tiger Global Management
09/18/2020
Series F
$600MM
$xx.xx
$1.45T
Access Technology Ventures, Coatue Management, Dragoneer Investment Group, Dst Global, General Atlantic, Iconiq Capital, Tiger Global Management, Whale Rock Capital Management
Price per Share
$xx.xx
Shares Outstanding
14,662,469
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
Access Technology Ventures, Coatue Management, Dragoneer Investment Group, Dst Global, General Atlantic, Iconiq Capital, Tiger Global Management, Whale Rock Capital Management
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November Private Market Update
