May Private Market Update
| Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
|---|---|---|---|---|---|---|
| 05/11/2022 | Series D-3 | $50MM | $xx.xx | $11.99B | Andreessen Horowitz, Emerson Collective, Spark Capital, Y Combinator | |
|
Price per Share
$xx.xx
Shares Outstanding
1,632,579
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
Andreessen Horowitz, Emerson Collective, Spark Capital, Y Combinator
|
||||||
| 10/18/2021 | Series D-1 | $425.5MM | $xx.xx | $5.5B | Altimeter Capital, Andreessen Horowitz, Coatue, Greenbay Ventures, Neo, Spark Capital, Yc Continuity Fund | |
|
Price per Share
$xx.xx
Shares Outstanding
30,155,063
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
Altimeter Capital, Andreessen Horowitz, Coatue, Greenbay Ventures, Neo, Spark Capital, Yc Continuity Fund
|
||||||
| 10/18/2021 | Series D-2 | $3MM | $xx.xx | $5.5B | Altimeter Capital, Andreessen Horowitz, Coatue, Greenbay Ventures, Neo, Spark Capital, Yc Continuity Fund | |
|
Price per Share
$xx.xx
Shares Outstanding
542,152
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
Altimeter Capital, Andreessen Horowitz, Coatue, Greenbay Ventures, Neo, Spark Capital, Yc Continuity Fund
|
||||||
| 04/21/2021 | Series C | $156MM | $xx.xx | $1.25B | Andreessen Horowitz, Anthony Schiller, Dara Khosrowshahi, Jeffrey Katzenberg, Jeff Wilke, Lachy Groom, Spark Capital, Y Combinator | |
|
Price per Share
$xx.xx
Shares Outstanding
44,797,080
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
Andreessen Horowitz, Anthony Schiller, Dara Khosrowshahi, Jeffrey Katzenberg, Jeff Wilke, Lachy Groom, Spark Capital, Y Combinator
|
||||||
| 03/12/2021 | Series B | $30.1MM | $xx.xx | $230.2MM | Spark Capital | |
|
Price per Share
$xx.xx
Shares Outstanding
41,005,430
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
Spark Capital
|
||||||
| 05/21/2020 | Series A-1 | $14.05MM | $xx.xx | $59.09MM | Andreessen Horowitz | |
|
Price per Share
$xx.xx
Shares Outstanding
60,150,700
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
Andreessen Horowitz
|
||||||
| 05/21/2020 | Series A-4 | $2.65MM | $xx.xx | $59.09MM | Andreessen Horowitz | |
|
Price per Share
$xx.xx
Shares Outstanding
24,274,020
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
Andreessen Horowitz
|
||||||
| 05/21/2020 | Series A-3 | $1.57MM | $xx.xx | $59.09MM | Andreessen Horowitz | |
|
Price per Share
$xx.xx
Shares Outstanding
21,591,640
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
Andreessen Horowitz
|
||||||
| 05/21/2020 | Series A-2 | $183,559.57 | $xx.xx | $59.09MM | Andreessen Horowitz | |
|
Price per Share
$xx.xx
Shares Outstanding
9,701,880
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
Andreessen Horowitz
|
||||||
| 05/21/2020 | Series A-5 | $150,052.97 | $xx.xx | $59.09MM | Andreessen Horowitz | |
|
Price per Share
$xx.xx
Shares Outstanding
12,525,290
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
Andreessen Horowitz
|
||||||
There is no shortage of firms providing global payroll and other human resources services to companies large and small. To cut down on the clutter in the industry, many of these HR-related companies are merging.
It’s easy to dismiss the bravado of a chief executive officer who predicts that his company can become “the Apple of HR.” But executive optimism aside, the strong topline growth of Deel, a startup which sells human resources software to companies, certainly bears watching.
| Last Funding Round | ||||||||
|---|---|---|---|---|---|---|---|---|
| Company | Forge Price | Forge Price Change 5 | Last Closed Trade | Share Class | Post-Money Valuation | Price per Share | Amount Raised | |
 | Checkr | -- | -- | $xx.xx | Series E-1 | $5.75B | $xx.xx | $120MM |
 | Globalization Partners | -- | -- | $xx.xx | -- | -- | -- | -- |
 | Go1 | -- | -- | $xx.xx | -- | -- | -- | -- |
 | Gusto | $15.50 | +1.51% | $xx.xx | Series E | $9.68B | $xx.xx | $364.64MM |
 | HackerRank | -- | -- | $xx.xx | Series D | $327.69MM | $xx.xx | $60MM |
 | HiBob | -- | -- | $xx.xx | -- | -- | -- | -- |
 | Mercor | -- | -- | $xx.xx | Series B | $2B | $xx.xx | $100MM |
 | Rippling | $52.00 | -1.89% | $xx.xx | Series G | $16.8B | $xx.xx | $460.18MM |
 | Workhuman | -- | -- | $xx.xx | -- | -- | -- | -- |
 | Workrise | $109.64 | -7.14% | $xx.xx | Series E | $2.9B | $xx.xx | $300MM |
Updated on: May 15, 2025
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