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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 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 INRIX will be known as it becomes public. Here are similar public companies: Dropbox (NAS: DBX), Okta (NAS: OKTA), VMware (NYS: VMW), Workday (NAS: WDAY), Atlassian (NAS: TEAM).
| Date | Funding Round | Funding Raised | Price per Share | IPO 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 |
INRIX 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 INRIX 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.
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.
