Earnin IPO

Earnin was founded in 2012 by Ram Palaniappan. Earnin has not officially endorsed a plan to participate in an IPO.

Earnin is a payment application with a mission to help people receive their paychecks faster. Per Forge data, Earnin has raised a total of $190.1 million in funding over 4 rounds. Their latest funding was raised on Dec 20, 2018, from a Series C round. Key investors include Andreessen Horowitz, Spark Capital, Felicis, Matrix, and DST Global.

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

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Can you invest in Earnin pre-IPO?

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

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

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Is Earnin 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 Earnin potential IPO

Will Earnin go IPO?

Earnin 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 Earnin’s IPO price?

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

When was Earnin founded?

Earnin was founded in 2012.

What is Earnin funding to date?

Earnin has raised $615.56MM to date.

Who are Earnin’s major investors?

Spark Capital
Andreessen Horowitz
Silicon Valley Bank
Coatue Management
Trinity Ventures
DST Global
Matrix Partners
TriplePoint Venture Growth
GMO Venture Partners
Cleo Capital

Earnin Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
09/04/2020 Series 5 $27MM $xx.xx $533.61MM G Squared
Price per Share
$xx.xx
Shares Outstanding
2,662,007
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
G Squared
12/20/2018 Series 4 $125.24MM $xx.xx $825.54MM Andreessen Horowitz, Coatue Management, Dst Global, March Capital Partners, Matrix Partners, Ribbit Capital, Spark Capital
Price per Share
$xx.xx
Shares Outstanding
7,527,844
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
Andreessen Horowitz, Coatue Management, Dst Global, March Capital Partners, Matrix Partners, Ribbit Capital, Spark Capital
09/21/2017 Series 3 $32.95MM $xx.xx $139.77MM Andreessen Horowitz, March Capital Partners, Matrix Partners, Ribbit Capital
Price per Share
$xx.xx
Shares Outstanding
8,745,388
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
Andreessen Horowitz, March Capital Partners, Matrix Partners, Ribbit Capital
01/09/2017 Series 2 $17.34MM $xx.xx $46.83MM Felicis Ventures, March Capital Partners, Matrix Partners, Ribbit Capital
Price per Share
$xx.xx
Shares Outstanding
9,099,723
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, March Capital Partners, Matrix Partners, Ribbit Capital
07/23/2014 Series 1 $2.65MM $xx.xx $8.83MM Camp One Ventures, Craig Sherman, Felicis Ventures, Graph Ventures, Manuel Bronstein, Ribbit Capital, Thrive Capital, Trinity Ventures
Price per Share
$xx.xx
Shares Outstanding
4,413,518
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
Camp One Ventures, Craig Sherman, Felicis Ventures, Graph Ventures, Manuel Bronstein, Ribbit Capital, Thrive Capital, Trinity Ventures
Updated on: Nov 26, 2024

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