LaunchDarkly was founded in 2014 by Edith Harbaugh and John Kodumal. The company has not publicly endorsed plans to participate in an IPO.

LaunchDarkly is a feature management platform that helps software developers minimize risk when launching a new product. By allowing developers to limit the number of users who have access to a new feature at launch, LaunchDarkly can reduce the impact of a bug and give engineers more time to respond. The company has raised more than $330 million in venture capital funding from investors including Lead Edge Capital, Insight Venture Partners, Bessemer Venture Partners, Vertex Ventures US, Redpoint, Threshold, and Uncork Capital. LaunchDarkly was valued at $3 billion after a Series D funding round in 2021 raised $200 million.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Can you invest in LaunchDarkly pre-IPO?

LaunchDarkly is a privately held company and is not publicly traded, therefore investing in LaunchDarkly pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of LaunchDarkly before it goes public?

You can seek to sell your shares in LaunchDarkly 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.

What is the pre-IPO value of my LaunchDarkly shares?

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To learn more about LaunchDarkly potential IPO

Will LaunchDarkly go IPO?

LaunchDarkly 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 mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is LaunchDarkly’s IPO price?

The LaunchDarkly IPO price does not exist at this time, as LaunchDarkly is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to LaunchDarkly register for Forge Markets, today.

When was LaunchDarkly founded?

LaunchDarkly was founded in 2014.

What is LaunchDarkly funding to date?

LaunchDarkly has raised $330.04MM to date.

Who are LaunchDarkly’s major investors?

Top Tier Capital Partners
Bloomberg Beta
Top Tier Capital
Redpoint
500 Global
Lead Edge Capital
Bessemer Venture Partners
Dfj
Redpoint Ventures
Threshold Ventures
Insight Partners
Threshold
Vertex Ventures
Uncork Capital
Next Play Capital

LaunchDarkly Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
08/10/2021 Series D $199.55MM $xx.xx $3.06B Bessemer Venture Partners, Bloomberg Beta, Lead Edge Capital, Redpoint, Threshold, Top Tier Capital, Uncork Capital
Price per Share
$xx.xx
Shares Outstanding
9,050,134
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
Bessemer Venture Partners, Bloomberg Beta, Lead Edge Capital, Redpoint, Threshold, Top Tier Capital, Uncork Capital
01/16/2020 Series C-1 $54MM $xx.xx $837.84MM Bessemer Venture Partners, Bloomberg Beta, Redpoint Ventures, Threshold Ventures, Uncork Capital, Vertex Ventures
Price per Share
$xx.xx
Shares Outstanding
7,967,128
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
Bessemer Venture Partners, Bloomberg Beta, Redpoint Ventures, Threshold Ventures, Uncork Capital, Vertex Ventures
03/13/2019 Series C $43.25MM $xx.xx $267.82MM Bessemer Venture Partners, Dfj, Redpoint, Uncork Capital, Vertex Ventures
Price per Share
$xx.xx
Shares Outstanding
17,818,336
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
Bessemer Venture Partners, Dfj, Redpoint, Uncork Capital, Vertex Ventures
12/04/2017 Series B $22MM $xx.xx $92.5MM Redpoint, Vertex Ventures
Price per Share
$xx.xx
Shares Outstanding
23,013,752
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
Redpoint, Vertex Ventures
12/20/2016 Series A-1 $1.2MM $xx.xx $36.86MM Bloomberg Beta, Threshold Ventures, Uncork Capital
Price per Share
$xx.xx
Shares Outstanding
5,636,448
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
Bloomberg Beta, Threshold Ventures, Uncork Capital
12/20/2016 Series A $10.04MM $xx.xx $36.86MM Bloomberg Beta, Threshold Ventures, Uncork Capital
Price per Share
$xx.xx
Shares Outstanding
19,733,396
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
Bloomberg Beta, Threshold Ventures, Uncork Capital
Updated on: Dec 21, 2024

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