Mainspring is developing a new approach to generating clean, resilient, affordable electricity. Their research into high-efficiency methods of converting fuel to electricity led to the development and prototype of their first linear generator. This company was founded by John Connolly and Marshall Micheals in 1996 and is headquartered in Cambridge, MA.

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Can you invest in Mainspring pre-IPO?

Mainspring is a privately held company and is not publicly traded, therefore investing in Mainspring 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.

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Is Mainspring a publicly traded company?

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To learn more about Mainspring potential IPO

Will Mainspring go IPO?

Mainspring 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 Mainspring’s IPO price?

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When was Mainspring founded?

Mainspring was founded in 2010.

What is Mainspring funding to date?

Mainspring has raised $548.36MM to date.

Who are Mainspring’s major investors?

Mainspring Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
09/21/2022 Series E-1 $18.91MM $xx.xx $104.49B Bill Gates, Cpp Investments, Fidelity, Fine Structure Ventures, Hanwha Power Systems, Khosla Ventures, Lightrock, Lineage Ventures, Princeville Capital, Shell Ventures
Price per Share
$xx.xx
Shares Outstanding
2,467,100
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
Bill Gates, Cpp Investments, Fidelity, Fine Structure Ventures, Hanwha Power Systems, Khosla Ventures, Lightrock, Lineage Ventures, Princeville Capital, Shell Ventures
09/21/2022 Series E $286.9MM $xx.xx $104.49B Bill Gates, Cpp Investments, Fidelity, Fine Structure Ventures, Hanwha Power Systems, Khosla Ventures, Lightrock, Lineage Ventures, Princeville Capital, Shell Ventures
Price per Share
$xx.xx
Shares Outstanding
35,552,746
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
Bill Gates, Cpp Investments, Fidelity, Fine Structure Ventures, Hanwha Power Systems, Khosla Ventures, Lightrock, Lineage Ventures, Princeville Capital, Shell Ventures
05/04/2021 Series D $108.35MM $xx.xx $44.03B 40 North Ventures, Aep, Bill Gates, Chevron Technology Ventures, Clearsky, Devonshire Investors, Equinor, Kck, Khosla Ventures, Princeville Capital
Price per Share
$xx.xx
Shares Outstanding
20,055,578
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
40 North Ventures, Aep, Bill Gates, Chevron Technology Ventures, Clearsky, Devonshire Investors, Equinor, Kck, Khosla Ventures, Princeville Capital
01/24/2018 Series C $84.3MM $xx.xx $24.55B American Electric Power, Bill Gates, Centrica Innovations, Kck Group, Khosla Ventures, Louis M. Bacon, Statoil Energy Ventures
Price per Share
$xx.xx
Shares Outstanding
19,546,914
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
American Electric Power, Bill Gates, Centrica Innovations, Kck Group, Khosla Ventures, Louis M. Bacon, Statoil Energy Ventures
08/29/2017 Series B $40.04MM $xx.xx $11.02B Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
10,569,940
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
07/01/2011 Series A $2.86MM $xx.xx $2.6B Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
3,169,952
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
07/01/2011 Series A-1 $7MM $xx.xx $2.6B Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
3,708,413
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
Updated on: Nov 23, 2024

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