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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.
| Date | Funding Round | Funding Raised | Price per Share | Last Known Valuation |
|---|---|---|---|---|
| 9/17/2019 | Series E | $268.5MM raised | $XXX.XX | $XXX.XX |
| 12/4/2018 | Series D | $109.6MM raised | $XXX.XX | $XXX.XX |
| 10/9/2017 | Series C | $22MM raised | $XXX.XX | $XXX.XX |
| 8/18/2016 | Series B | $20MM raised | $XXX.XX | $XXX.XX |
| 8/28/2015 | Series A | $4.5MM raised | $XXX.XX | $XXX.XX |
| 7/9/2015 | Series Safe A-2 and Safe A-3 | $1.6MM raised | $XXX.XX | $XXX.XX |
| 3/23/2015 | Series Safe A-1 | $100K raised | $XXX.XX | $XXX.XX |
