Startup Trends: Companies moving toward 2025 IPOs
The IPO market for the year continued to show positive signs in Q3, with 37 IPOs raising a total of $8.0 billion, according to research publication Renaissance Capital.
chime.comFinTech / Digital BankingFounded: 2013Funding to Date: $5.8B
Chime is a fintech company providing a suite of consumer products including debit cards, spending accounts, and optional savings account, all on a mobile banking app. The financial technology company was founded in 2013 on the premise that basic banking services should be helpful, easy and free. The company partners with regional banks to design member first financial products.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
08/13/2021 | Series G | $1.1B | $xx.xx | $24.93B | 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 | $14.5B | 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
|
||||||
12/06/2019 | Series E | $700MM | $xx.xx | $5.8B | Coatue Management, Dragoneer Investment Group, Dst Global, General Atlantic, Iconiq Capital, Menlo Ventures | |
Price per Share
$xx.xx
Shares Outstanding
40,551,970
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
Coatue Management, Dragoneer Investment Group, Dst Global, General Atlantic, Iconiq Capital, Menlo Ventures
|
||||||
03/05/2019 | Series D | $400.67MM | $xx.xx | $1.5B | Cathay Innovation, Coatue Management, Dragoneer Investment Group, Dst Global, Forerunner Ventures, General Atlantic, Iconiq Capital, Menlo Ventures | |
Price per Share
$xx.xx
Shares Outstanding
76,687,100
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
Cathay Innovation, Coatue Management, Dragoneer Investment Group, Dst Global, Forerunner Ventures, General Atlantic, Iconiq Capital, Menlo Ventures
|
||||||
05/31/2018 | Series C | $67.39MM | $xx.xx | $500MM | Aspect Ventures, Cathay Innovation, Crosslink Capital, Forerunner Ventures, Menlo Ventures, Northwestern Mutual Capital, Omidyar Network | |
Price per Share
$xx.xx
Shares Outstanding
31,700,221
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
Aspect Ventures, Cathay Innovation, Crosslink Capital, Forerunner Ventures, Menlo Ventures, Northwestern Mutual Capital, Omidyar Network
|
||||||
05/31/2018 | Series C-1 | $1.64MM | $xx.xx | $500MM | Aspect Ventures, Cathay Innovation, Crosslink Capital, Forerunner Ventures, Menlo Ventures, Northwestern Mutual Capital, Omidyar Network | |
Price per Share
$xx.xx
Shares Outstanding
770,230
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
Aspect Ventures, Cathay Innovation, Crosslink Capital, Forerunner Ventures, Menlo Ventures, Northwestern Mutual Capital, Omidyar Network
|
||||||
09/27/2017 | Series B | $13.58MM | $xx.xx | $61.33MM | Aspect Ventures, Cathay Innovation, Clocktower Technology Ventures, Crosslink Capital, Forerunner Ventures, Homebrew, Northwestern Mutual Future Ventures, Omidyar Network | |
Price per Share
$xx.xx
Shares Outstanding
28,863,992
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Aspect Ventures, Cathay Innovation, Clocktower Technology Ventures, Crosslink Capital, Forerunner Ventures, Homebrew, Northwestern Mutual Future Ventures, Omidyar Network
|
||||||
05/19/2016 | Series A-2 | $4.68MM | $xx.xx | $23.27MM | Aspect Ventures, Crosslink Capital, Forerunner Ventures, Homebrew, Pivotnorth Capital | |
Price per Share
$xx.xx
Shares Outstanding
18,051,770
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Aspect Ventures, Crosslink Capital, Forerunner Ventures, Homebrew, Pivotnorth Capital
|
||||||
11/04/2014 | Series A | $6.22MM | $xx.xx | $17.04MM | Crosslink Capital, Forerunner Ventures, Homebrew, Pivotnorth Capital | |
Price per Share
$xx.xx
Shares Outstanding
22,879,812
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Crosslink Capital, Forerunner Ventures, Homebrew, Pivotnorth Capital
|
||||||
08/23/2013 | Series Seed | $1.45MM | $xx.xx | $7.26MM | Forerunner Ventures, Homebrew, Irish Angels, Pivotnorth Capital, Zpark Venture | |
Price per Share
$xx.xx
Shares Outstanding
8,447,522
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Forerunner Ventures, Homebrew, Irish Angels, Pivotnorth Capital, Zpark Venture
|
The IPO market for the year continued to show positive signs in Q3, with 37 IPOs raising a total of $8.0 billion, according to research publication Renaissance Capital.
During the second quarter, several private unicorns made strategic acquisitions to grow or expand their competencies.