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Secondary Marketplace / Explore Private Companies / Coalition IPO
Coalition

Coalition IPO

$4.97B
Series F Valuation, Mar 2025
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Company details

Coalition was founded in 2017 by John Hering and Joshua Motta. After a $205 million round of Series E funding, CEO Motta said that it could be the company's final funding round before going public, adding that the company's investors "all have impressive track records investing in long-term value creators in the public markets. We certainly see Coalition following that path." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Coalition is a cybersecurity and insurance firm that uses data to take a more comprehensive and modern approach to protecting customers against cybercrime. Coalition has acquired BinaryEdge and Attune. The company has raised $520 million in venture capital funding from investors including Durable Capital Partners, T. Rowe Price Associates, Whale Rock Capital, Index Ventures, and General Atlantic. The latest round of funding brought the company's valuation to more than $3.5 billion.

thecoalition.com
Sector
Enterprise Software
Subsector
Cybersecurity
Founded
2017
Headquarters
Guelph, Canada
Forge Price 1
Price not yet available
Post-Money Valuation 3
$4.97B
Total Funding
$789.37MM
LFR Price per Share
$xx.xx
Last Funding Share Class
Series F

Learn more about Coalition

To invest in Coalition pre-IPO

Can you invest in Coalition pre-IPO?

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

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

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

Is Coalition 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 Coalition potential IPO

Will Coalition go IPO?

Coalition 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 Coalition’s IPO price?

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

When was Coalition founded?

Coalition was founded in 2017.

What is Coalition funding to date?

Coalition has raised $789.37MM to date.
Coalition major investors
Durable Capital Partners
Felicis Ventures
General Atlantic
Greenoaks Capital
Greyhound Capital
Hillhouse Capital Group
Hydrazine Capital
Index Ventures
Ribbit Capital
T. Rowe Price
Valor Equity Partners
Whale Rock Capital Management
Show All InvestorsShow Fewer Investors

Coalition funding rounds and valuation

Funding history chart
Funding round details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
03/03/2025 Series F $258.41MM $xx.xx $4.97B Allianz X, Kinetic Partners, Mitsui Sumitomo Insurance Company, Valor Equity Partners
Price per Share
$xx.xx
Shares Outstanding
11,999,561
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
Allianz X, Kinetic Partners, Mitsui Sumitomo Insurance Company, Valor Equity Partners
03/03/2025 Series F-1 $21.59MM $xx.xx $4.97B Allianz X, Kinetic Partners, Mitsui Sumitomo Insurance Company, Valor Equity Partners
Price per Share
$xx.xx
Shares Outstanding
1,114,056
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
Allianz X, Kinetic Partners, Mitsui Sumitomo Insurance Company, Valor Equity Partners
09/28/2021 Series E $211MM $xx.xx $3.48B Durable Capital, T. Rowe Price Associates, Whale Rock Capital
Price per Share
$xx.xx
Shares Outstanding
12,770,075
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
Durable Capital, T. Rowe Price Associates, Whale Rock Capital
03/17/2021 Series D $175MM $xx.xx $1.75B General Atlantic, Index Ventures
Price per Share
$xx.xx
Shares Outstanding
19,553,726
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
General Atlantic, Index Ventures
05/20/2020 Series C $88.37MM $xx.xx $876.09MM Felicis Ventures, Greenoaks Capital, Greyhound Capital, Hillhouse Capital, Ribbit Capital, Valor Equity Partners, Vy Capital
Price per Share
$xx.xx
Shares Outstanding
17,351,474
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
Felicis Ventures, Greenoaks Capital, Greyhound Capital, Hillhouse Capital, Ribbit Capital, Valor Equity Partners, Vy Capital
05/09/2019 Series B $25MM $xx.xx $242.86MM Greenoaks Capital, Hillhouse Capital, Ribbit Capital
Price per Share
$xx.xx
Shares Outstanding
15,151,512
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
Greenoaks Capital, Hillhouse Capital, Ribbit Capital
02/28/2018 Series A $10MM $xx.xx $33.33MM Ribbit Capital, Valor Equity Partners, Vy Capital
Price per Share
$xx.xx
Shares Outstanding
36,363,610
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
Ribbit Capital, Valor Equity Partners, Vy 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
OpenAIOpenAI$469.47-0.01%$xx.xxFunding Round------
AndurilAnduril$40.88-3.86%$xx.xxSeries G$30.5B$xx.xx$2.5B
FigmaFigma$38.00+0.03%$xx.xxSeries E$10B$xx.xx$200MM
CerebrasCerebras$31.35-0.16%$xx.xxSeries F-1$2.87B$xx.xx$420MM
KrakenKraken$31.63+11.77%$xx.xxSeries B$5.52B$xx.xx$52.5MM
KlarnaKlarna$37.31+21.02%$xx.xxUnknown------
NetskopeNetskope$14.50+8.45%$xx.xxSeries H$7.5B$xx.xx$300MM
CohesityCohesity$17.00+8.49%$xx.xxSeries H-1$4.69B$xx.xx$27.5MM
DiscordDiscord$239.72+6.61%$xx.xxSeries I$15B$xx.xx$500MM
HeartFlowHeartFlow----$xx.xxSeries E$1.65B$xx.xx$305MM
See Tech IPO Calendar

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Updated on: Jul 9, 2025

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