MX was founded in 2010 by Brandon Dewitt and Ryan Caldwell. MX has not officially endorsed a plan to participate in an IPO.
MX is a fintech company whose software allows applications to connect with users' bank accounts. Per Forge data, MX Technologies has raised a total of $450 million in funding over 4 rounds. Their latest funding was raised on Jan 13, 2021, from a Series C round. Key investors include USAA, Battery Ventures, and TPG.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
MX is privately held and not traded on public markets, so pre-IPO investments are available only to accredited investors.
If you’re already accredited and have completed Forge’s verification, you can visit our marketplace to review and invest in private companies ahead of an IPO.
If you haven’t yet completed your accredited investor verification with Forge, you can start that process now to unlock access to new private-company offerings.
Yes, subject to any contractual or corporate transfer restrictions, it is possible to list your shares to sell while MX is still private. If you’re considering selling, you can register today for free to get started. Once registered, you can evaluate pricing insights and market activity to inform your decision, then post your shares for sale and set the terms, like quantity and price—all directly through our platform.
If you’d like additional guidance at any point, Forge private market specialists are available to help. For a step-by-step overview, check out our seller’s guide.
What is the pre-IPO value of my MX shares?
To explore the value of your MX shares, create a free account to access Forge’s marketplace. Once inside, you’ll find several pricing insights to help guide your decision—these include historical transaction data, a live order book showing current buy and sell interest, and Forge Price™, a derived, indicative price based on recent transactions, investor activity, and other relevant market data.
These insights can help you determine a price you’re comfortable with if you choose to sell your shares. If you’d like additional guidance along the way, Forge private market specialists are available to help. You can also review our seller’s guide for a step-by-step overview.
Is MX a publicly traded company?
MX is a private company and not publicly traded.
If you’re interested in buying or selling shares in private companies, you can register with Forge today for free to explore available opportunities. Once registered, you’ll gain access to our marketplace, where you can view active buy and sell interest, evaluate pricing signals and take action directly through the platform.
To learn more about MX potential IPO
Will MX go IPO?
MX 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 2025.
What is MX’s IPO price?
The MX IPO price does not exist at this time, as MX 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 MX, register for Forge today.
When was MX founded?
MX was founded in 2010.
What is MX funding to date?
MX has raised $574.88MM to date.
MX major investors
Battery Ventures
Commerce Ventures
Greycroft
Industry Ventures
Pelion Venture Partners
Ttv Capital
MX pre-IPO valuation and funding rounds
Funding history chart
Funding round and deals details
Funding Date
Round
Amount Raised
Price per Share
Post-Money Valuation 3
Key Investors
01/13/2021
Series C
$375MM
$1.58
$1.92B
Canapi Ventures, Capitalg, Cota Capital, Digital Garage, Geodesic Capital, Greycroft, Pelion Venture Partners, Point72 Ventures, Regions Financial Corp, Tpg Growth
Price per Share
$ xx.xx
Shares Outstanding
238,074,983
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
Canapi Ventures, Capitalg, Cota Capital, Digital Garage, Geodesic Capital, Greycroft, Pelion Venture Partners, Point72 Ventures, Regions Financial Corp, Tpg Growth
06/25/2019
Series B
$115.47MM
$0.48
$439.76MM
Battery Ventures, Commerce Ventures, Cross Creek Capital, Digital Garage, H.I.G. Growth Partners, Industry Ventures, National Bank Of Canada, Pelion Venture Partners, Point72 Ventures, Sorenson Ventures, Ttv Capital, Washington Federal Bank
Price per Share
$ xx.xx
Shares Outstanding
242,789,286
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
Battery Ventures, Commerce Ventures, Cross Creek Capital, Digital Garage, H.I.G. Growth Partners, Industry Ventures, National Bank Of Canada, Pelion Venture Partners, Point72 Ventures, Sorenson Ventures, Ttv Capital, Washington Federal Bank
04/30/2015
Series A
$65.75MM
$0.34
$269.1MM
Digital Garage, Usaa
Price per Share
$ xx.xx
Shares Outstanding
192,544,302
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
Digital Garage, Usaa
11/03/2014
Series 6
$6MM
$0.11
$77.87MM
Commerce Ventures, North Hill Ventures, Ttv Capital
Price per Share
$ xx.xx
Shares Outstanding
54,545,454
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
Commerce Ventures, North Hill Ventures, Ttv Capital
11/03/2014
Series 7
$5MM
$0.12
$77.87MM
Commerce Ventures, North Hill Ventures, Ttv Capital
Price per Share
$ xx.xx
Shares Outstanding
41,666,667
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
Commerce Ventures, North Hill Ventures, Ttv Capital
11/03/2014
Series 8
$4.54MM
$0.14
$77.87MM
Commerce Ventures, North Hill Ventures, Ttv Capital
Price per Share
$ xx.xx
Shares Outstanding
32,411,604
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
Commerce Ventures, North Hill Ventures, Ttv Capital
MX Vice reports Roan van de Moosdijk and Team HRC mutually ended their relationship due to the rider's knee injury. Van de Moosdijk will take time to recover before hopefully returning to MXGP. HRC thanks him for his professionalism and wishes him well.
MX, an industry leader in Open Finance, today announced that Data Access, formerly MXaccess, is now available for free to financial institutions and data providers. Data Access enables financial institutions and other data providers to help consumers connect to all the financial providers they use to manage their money, including banks, credit unions, payment providers, and fintech apps.
Payments provider Sila and Open Finance firm MX have completed the integration work of MXapi Processor Tokens with Sila. The deal will allow Sila customers and their end users to verify bank accounts and account data for fraud mitigation and balance checks.
As August ended, open finance fintech MX announced the hiring of a new CTO, Wes Hummel, who will lead the firm's engineering and information security teams, and report to CEO Jim Magats.
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