Lob was founded in 2013 by Harry Zhang and Leore Avidar. Lob has not officially endorsed a plan to participate in an IPO.
Lob is a direct mail automation platform. Per Forge data, Lob raised $82.3 million in funding over 7 rounds. Their latest funding was raised on Feb 25, 2021, from a Series C round. Key investors include Y Combinator and Polaris Partners.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
| Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
|---|---|---|---|---|---|---|
| 02/25/2021 | Series C | $50MM | $xx.xx | $385.02MM | Frontline Ventures, Indicator Ventures, Y Combinator | |
|
Price per Share
$xx.xx
Shares Outstanding
3,350,722
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
Frontline Ventures, Indicator Ventures, Y Combinator
|
||||||
| 05/31/2017 | Series B | $22.86MM | $xx.xx | $154.59MM | First Round Capital, Floodgate, Initialized Capital, Polaris Partners, Y Combinator | |
|
Price per Share
$xx.xx
Shares Outstanding
3,030,660
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
First Round Capital, Floodgate, Initialized Capital, Polaris Partners, Y Combinator
|
||||||
| 09/08/2014 | Series A | $9.34MM | $xx.xx | $37.37MM | First Round Capital, Floodgate, Polaris Partners | |
|
Price per Share
$xx.xx
Shares Outstanding
4,141,178
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
First Round Capital, Floodgate, Polaris Partners
|
||||||
| Last Funding Round | ||||||||
|---|---|---|---|---|---|---|---|---|
| Company | Forge Price | Forge Price Change 5 | Last Closed Trade | Share Class | Post-Money Valuation | Price per Share | Amount Raised | |
 | Anduril | $42.52 | +42.78% | $xx.xx | Series G | $28B | $xx.xx | $2.58B |
 | Cerebras | $28.78 | -0.14% | $xx.xx | Series F-1 | $2.87B | $xx.xx | $420MM |
 | Discord | $239.72 | +6.61% | $xx.xx | Series I | $15.2B | $xx.xx | $500MM |
 | Klarna | $37.31 | +21.02% | $xx.xx | Unknown | -- | -- | -- |
 | Kraken | $22.43 | +0.4% | $xx.xx | Series B | $5.52B | $xx.xx | $52.5MM |
 | Figure | $5.76 | +7.87% | $xx.xx | Series D | $3.33B | $xx.xx | $220MM |
 | Liquid Death | $9.00 | -6.25% | $xx.xx | Series F-1 | $1.4B | $xx.xx | $67.61MM |
 | Figma | $38.00 | +0.03% | $xx.xx | Series E | $10B | $xx.xx | $200MM |
 | Circle | $30.00 | +17.65% | $xx.xx | Series F | $8.05B | $xx.xx | $401MM |
 | Chime | $31.50 | +0.8% | $xx.xx | Series G | $24.93B | $xx.xx | $1.1B |
Updated on: Feb 13, 2025
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