Earnin was founded in 2012 by Ram Palaniappan. The company has not officially endorsed a plan to participate in an IPO.
Earnin is an application that allows users to draw down up to $100 daily on earned wages before payday, ultimately deducting the amount withdrawn once the paycheck is deposited. Earnin has raised almost $200 million in Venture Capital funding from investors including Cleo Capital, Coatue Management, DST Global, Spark Capital, Andreessen Horowitz, March Capital Partners, Matrix Partners, Ribbit Capital, Thrive Capital, and Trinity Venture Capital. Per company press release, Earnin last raised $125 million in December 2018 at a post-money valuation of $800 million.
Earnin does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Earnin will be known as it becomes public. Here are similar public companies: Paypal (NAS: PYPL), Robinhood (NAS: HOOD), E-Trade (NAS: ETFC), Tradeweb (NAS: TW).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 9/4/2020 | Series 5 | $533.61MM | $XXX.XX | $XXX.XX |
| 12/20/2018 | Series 4 | $825.54MM | $XXX.XX | $XXX.XX |
| 9/21/2017 | Series 3 | $139.77MM | $XXX.XX | $XXX.XX |
| 1/9/2017 | Series 2 | $46.83MM | $XXX.XX | $XXX.XX |
| 7/23/2014 | Series 1 | $8.83MM | $XXX.XX | $XXX.XX |
Earnin is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Earnin pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Earnin is a private company and not publicly traded.
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.
