Inrix was founded in 2005 by Bryan Mistele and Craig Chapman. After taking steps towards an IPO — steps that included reserving a ticker symbol — the company decided to put the plans on hold. In August 2022, Mistele told reporters that a public offering is still something the company would consider. "We’re on standby right now, waiting to see when the markets and economy improve, in which case we’ll take another run at it."
Inrix is a transportation technology company that collects data from hundreds of millions of individual sources, offering insights into both current and long-term traffic conditions. Between 2011 and 2016, Inrix acquired ITIS Holdings, ParkMe, and Opencar. The company has raised more than $120 million in venture capital funding from investors including General Motors, Venrock, August Capital, and Porsche Ventures. Inrix did not disclose valuation figures after a $10 million Series F funding round in 2022.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
INRIX 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.
INRIX 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 through mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.
INRIX is privately held company and is not publicly traded, therefor investing in INRIX pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to invest in private companies before their potential IPO. If you are not an accredited investor, discover how to begin the the process to potentially qualify for new investment opportunities.
To determine the value of your INRIX shares, create a free account to gain access to Forge’s platform. Forge Markets contains pricing information for hundreds of pre-IPO companies. A Private Market Specialist will also be available to assist you with any inquiries related to your INRIX shares. You can also learn more about how to sell your private shares before getting started.
Yes, you can seek to sell shares in INRIX 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.
Date | Funding Round | Funding Raised | Price per Share | Last Known Valuation |
---|---|---|---|---|
8/11/2022 | Series F |
$10MM raised | $XXX.XX | $XXX.XX |
10/3/2014 | Series E |
$45.2MM raised | $XXX.XX | $XXX.XX |
7/25/2011 | Series D |
$37MM raised | $XXX.XX | $XXX.XX |
10/29/2007 | Series C |
$15MM raised | $XXX.XX | $XXX.XX |
5/23/2006 | Series B |
$10MM raised | $XXX.XX | $XXX.XX |
4/25/2005 | Series A |
$6.1MM raised | $XXX.XX | $XXX.XX |