GitLab was founded in 2013 by Sid Sijbrandij and Dmitriy Zaporozhets. On the company’s strategy website, they have pegged a target IPO date of Wednesday, November 18th, 2020, with the significance of it being “five years after the first people got stock options with 4 years of vesting.” These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
GitLab Inc. is the owner and developer of a project management platform with the same name. Gitlab has raised over $400 million in Venture Capital funding from investors including Blackrock, Coatue Management, Franklin Templeton, General Catalyst, Tiger Global Management, ICONIQ, Goldman Sachs, GV, Khosla Ventures, and Y Combinator. Per company press releases, Gitlab last raised $268 million in September 2019 at a post-money valuation of $2.75 billion.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
09/17/2019 | Series E | $268.5MM | $xx.xx | $2.88B | Adage Capital Management, Alkeon Capital Management, Altimeter Capital, Blackrock, Capital Group, Coatue Management, D1 Capital Partners, Franklin Templeton Investments, General Catalyst, Goldman Sachs, Iconiq Capital, Light Street Capital Management, Tiger Global Management, Two Sigma Investments, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
14,412,851
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
Adage Capital Management, Alkeon Capital Management, Altimeter Capital, Blackrock, Capital Group, Coatue Management, D1 Capital Partners, Franklin Templeton Investments, General Catalyst, Goldman Sachs, Iconiq Capital, Light Street Capital Management, Tiger Global Management, Two Sigma Investments, Y Combinator
|
||||||
12/04/2018 | Series D | $109.6MM | $xx.xx | $1.12B | Goldman Sachs Principal Strategic Investments, Gv, Iconiq Capital, Khosla Ventures | |
Price per Share
$xx.xx
Shares Outstanding
12,511,908
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
Goldman Sachs Principal Strategic Investments, Gv, Iconiq Capital, Khosla Ventures
|
||||||
10/09/2017 | Series C | $22MM | $xx.xx | $204.3MM | Capital Factory, Gv, Telstra Ventures | |
Price per Share
$xx.xx
Shares Outstanding
12,281,920
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
Capital Factory, Gv, Telstra Ventures
|
||||||
08/18/2016 | Series B | $20MM | $xx.xx | $90MM | August Capital, Inkef Capital, In-Q-Tel, Khosla Ventures, Sound Ventures | |
Price per Share
$xx.xx
Shares Outstanding
21,108,712
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
August Capital, Inkef Capital, In-Q-Tel, Khosla Ventures, Sound Ventures
|
||||||
08/28/2015 | Series A | $4.5MM | $xx.xx | $28.68MM | Khosla Ventures | |
Price per Share
$xx.xx
Shares Outstanding
12,393,248
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
Khosla Ventures
|
||||||
07/09/2015 | Series Safe A-3 | $449,996.00 | $xx.xx | $17.64MM | 500 Startups, Fundersclub, Ilya Sukhar, Khosla Ventures, Liquid 2 Ventures, Msd Capital, Paul Holliman, Sound Ventures, Tuesday Capital, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
1,600,128
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
500 Startups, Fundersclub, Ilya Sukhar, Khosla Ventures, Liquid 2 Ventures, Msd Capital, Paul Holliman, Sound Ventures, Tuesday Capital, Y Combinator
|
||||||
07/09/2015 | Series Safe A-2 | $1.15MM | $xx.xx | $17.64MM | 500 Startups, Fundersclub, Ilya Sukhar, Khosla Ventures, Liquid 2 Ventures, Msd Capital, Paul Holliman, Sound Ventures, Tuesday Capital, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
5,111,668
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
500 Startups, Fundersclub, Ilya Sukhar, Khosla Ventures, Liquid 2 Ventures, Msd Capital, Paul Holliman, Sound Ventures, Tuesday Capital, Y Combinator
|
||||||
03/23/2015 | Series Safe A-1 | $100,000.00 | $xx.xx | $17.64MM | Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
538,792
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
Y Combinator
|