April Private Market Update
| Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
|---|---|---|---|---|---|---|
| 09/10/2024 | Series E | $265MM | $xx.xx | $4.6B | Altimeter, Coatue, Craft Ventures, Dst Global, General Catalyst, Iconiq Growth, Ivp, Kleiner Perkins, Lightspeed Venture Partners, Sapphire Ventures, Sequoia Capital, Softbank | |
|
Price per Share
$xx.xx
Shares Outstanding
7,977,962
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
Altimeter, Coatue, Craft Ventures, Dst Global, General Catalyst, Iconiq Growth, Ivp, Kleiner Perkins, Lightspeed Venture Partners, Sapphire Ventures, Sequoia Capital, Softbank
|
||||||
| 02/27/2024 | Series D | $203.2MM | $xx.xx | $2.2B | Adams Street, Capital One Ventures, Citi, Coatue, Databricks Ventures, General Catalyst, Iconiq Growth, Ivp, Kleiner Perkins, Latitude Capital, Lightspeed Venture Partners, Sequoia Capital, Workday Ventures | |
|
Price per Share
$xx.xx
Shares Outstanding
11,527,174
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
Adams Street, Capital One Ventures, Citi, Coatue, Databricks Ventures, General Catalyst, Iconiq Growth, Ivp, Kleiner Perkins, Latitude Capital, Lightspeed Venture Partners, Sequoia Capital, Workday Ventures
|
||||||
| 05/18/2022 | Series C | $101MM | $xx.xx | $1B | General Catalyst, Kleiner Perkins, Lightspeed Venture Partners, Sequoia Capital | |
|
Price per Share
$xx.xx
Shares Outstanding
10,445,317
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
General Catalyst, Kleiner Perkins, Lightspeed Venture Partners, Sequoia Capital
|
||||||
| 09/15/2021 | Series B | $40MM | $xx.xx | $302.56MM | General Catalyst, Kleiner Perkins, Lightspeed Venture Partners | |
|
Price per Share
$xx.xx
Shares Outstanding
10,950,200
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
General Catalyst, Kleiner Perkins, Lightspeed Venture Partners
|
||||||
| 06/30/2019 | Series A | $15.3MM | $xx.xx | $43.71MM | Kleiner Perkins, Lightspeed Venture Partners, Slack Fund | |
|
Price per Share
$xx.xx
Shares Outstanding
26,322,560
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
Kleiner Perkins, Lightspeed Venture Partners, Slack Fund
|
||||||
Private market demand signals — such as investor indications of interest — can help illuminate which companies are gaining traction even before a public offering. In the first quarter of 2025, investor appetite remained strong for startups shaping the future of artificial intelligence, defense technology and blockchain infrastructure.
Five companies – Lambda, Alumis, Freenome, Applied Intuition, and Glean – celebrated notable funding hauls in the past quarter.
| Last Funding Round | ||||||||
|---|---|---|---|---|---|---|---|---|
| Company | Forge Price | Forge Price Change 5 | Last Closed Trade | Share Class | Post-Money Valuation | Price per Share | Amount Raised | |
 | Anthropic | $56.09 | -6.69% | $xx.xx | Series E-1 | $61.5B | $xx.xx | $1.92B |
 | Databricks | $107.91 | +9.56% | $xx.xx | Series J | $62.04B | $xx.xx | $10.18B |
 | DeepSeek | -- | -- | $xx.xx | -- | -- | -- | -- |
 | Groq | $17.68 | +0.23% | $xx.xx | Series D | $2.81B | $xx.xx | $493.45MM |
 | Helsing | -- | -- | $xx.xx | Series B | -- | -- | -- |
 | OpenAI | $517.24 | +73.71% | $xx.xx | Funding Round | -- | -- | -- |
 | Perplexity | $349.59 | +0.29% | $xx.xx | Series D-1 | $9B | $xx.xx | $441MM |
 | SandboxAQ | $17.21 | +17.63% | $xx.xx | Series E | $5.78B | $xx.xx | $450MM |
 | Scale AI | $16.61 | +0.42% | $xx.xx | Series F | $13.8B | $xx.xx | $900MM |
 | xAI | $38.76 | +79.03% | $xx.xx | Series C | $50B | $xx.xx | $6B |
Updated on: Apr 21, 2025
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