OpenX IPO: Investment Opportunities & Pre-IPO Valuations

Company Details

OpenX was founded in 2008 by Damon Reeve, Jason Fairchild, and Scott Switzer. In 2022, CEO John Gentry said that an IPO is not on the immediate horizon, yet he remained optimistic about the company's future, saying "We've got a lot we want to do, big areas we want to invest in." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

OpenX is a 100% cloud-based advertising technology company. Since 2012, the company has acquired LiftDNA, JumpTime, Mezzobit, and PubNation. The company has received more than $70 million in venture capital funding from investors including SharesPost Investment Management, Wavemaker Partners, Samsung Ventures, Accel, and Mitsui Global Investment. According to a company press release, OpenX generated $172 million in 2017 revenue, and "has grown for 10 consecutive years and has been profitable for four straight." OpenX is estimated to have a post-money valuation between $100 million and $500 million.

openx.com

Sector

Enterprise Software

Subsector

Sales & Marketing / Adtech

Founded

2007

Headquarters

Pasadena, CA, United States

Forge Price ¹

Price not yet available

Post-Money Valuation ³

$428.1MM

Total Funding

$79.22MM

LFR Price per Share

$xx.xx

Last Funding Share Class

Series E

Learn More About OpenX

To invest in OpenX pre-IPO

Can you invest in OpenX pre-IPO?

OpenX is a privately held company and is not publicly traded, therefore investing in OpenX 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 OpenX before it goes public?

You can seek to sell your shares in OpenX 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 OpenX shares?

To determine the value of your OpenX shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your OpenX shares. You can also learn more about how to sell your private shares before getting started.

Is OpenX a publicly traded company?

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.

To learn more about OpenX potential IPO

Will OpenX go IPO?

OpenX 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 OpenX’s IPO price?

The OpenX IPO price does not exist at this time, as OpenX 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 OpenX register for Forge Markets, today.

When was OpenX founded?

OpenX was founded in 2007.

What is OpenX funding to date?

OpenX has raised $79.22MM to date.

OpenX Major Investors

Accel

Index Ventures

First Round Capital

Presidio Ventures

Samsung Ventures

SAP Ventures

AOL Ventures

Mitsui & Co. Global Investment

Show All InvestorsShow Fewer Investors

OpenX Funding Rounds and Valuation

Funding History Chart

Funding Round Details

	Funding Date	Share Class	Amount Raised	Price per Share	Post-Money Valuation	Key Investors
	02/26/2013	Series E	$25.01MM	$xx.xx	$428.1MM	Accel Partners, Index Ventures, Localglobe, Mitsui Global Investment, Presidio Ventures, Samsung Venture Investments, Sap Ventures, Yet2ventures
Price per Share $xx.xx Shares Outstanding 22,257,931 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 8.0% Cumulative Non-cumulative Participating Participating Participation Cap 1000 Key Investors Accel Partners, Index Ventures, Localglobe, Mitsui Global Investment, Presidio Ventures, Samsung Venture Investments, Sap Ventures, Yet2ventures
	05/31/2011	Series D	$19.73MM	$xx.xx	$208.66MM	Accel Partners, Aol Ventures, Dag Ventures, Index Ventures, Mitsui Global Investment, Presidio Ventures, Sap Ventures, Several Individual Investors
Price per Share $xx.xx Shares Outstanding 28,252,517 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 8.0% Cumulative Non-cumulative Participating Participating Participation Cap 1000 Key Investors Accel Partners, Aol Ventures, Dag Ventures, Index Ventures, Mitsui Global Investment, Presidio Ventures, Sap Ventures, Several Individual Investors
	05/26/2009	Series C	$10.4MM	$xx.xx	$72.6MM	Accel Partners, Dag Ventures, First Round Capital, Index Ventures, Mangrove Capital, Spark Ventures, Wavemaker Partners
Price per Share $xx.xx Shares Outstanding 28,260,870 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 8.0% Cumulative Non-cumulative Participating Participating Participation Cap 1000 Key Investors Accel Partners, Dag Ventures, First Round Capital, Index Ventures, Mangrove Capital, Spark Ventures, Wavemaker Partners
	01/16/2008	Series B1	$15.5MM	$xx.xx	$48MM	Accel Partners, First Round Capital, Index Ventures, Mangrove Capital Partners, O'Reilly Alphatech Ventures
Price per Share $xx.xx Shares Outstanding 48,226,536 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 8.0% Cumulative Non-cumulative Participating Participating Participation Cap 1000 Key Investors Accel Partners, First Round Capital, Index Ventures, Mangrove Capital Partners, O'Reilly Alphatech Ventures
	01/16/2008	Series B2	$4MM	$xx.xx	$48MM	Undisclosed Investors
Price per Share $xx.xx Shares Outstanding 12,432,385 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 8.0% Cumulative Non-cumulative Participating Participating Participation Cap 1000 Key Investors Undisclosed Investors
	06/13/2007	Series A	$4.59MM	$xx.xx	$6.5MM	Aol Ventures, Bowery Capital, First Round Capital, Mangrove Capital Partners, O'Reilly Alphatech Ventures, Vast Ventures
Price per Share $xx.xx Shares Outstanding 45,535,715 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 8.0% Cumulative Non-cumulative Participating Participating Participation Cap 1000 Key Investors Aol Ventures, Bowery Capital, First Round Capital, Mangrove Capital Partners, O'Reilly Alphatech Ventures, Vast Ventures

Access Stock Price

Private Companies Exploring an IPO

					Last Funding Round
Company		Forge Price	Forge Price Change ⁵	Last Closed Trade	Share Class	Post-Money Valuation	Price per Share	Amount Raised
	Cerebras	$36.58	+0.03%	$xx.xx	Series F-1	$2.84B	$xx.xx	$85MM
	CoreWeave	$1,200.00	+4.36%	$xx.xx	Series C	$19B	$xx.xx	$1.15B
	Chime	$26.50	+6.6%	$xx.xx	Series G	$24.93B	$xx.xx	$1.1B
	Klarna	$447.67	+20.99%	$xx.xx	Unknown	--	--	--
	Liquid Death	$9.49	+0.21%	$xx.xx	Series F-1	$1.4B	$xx.xx	$67.61MM
	Circle	$25.50	+3.2%	$xx.xx	Series F	$8.05B	$xx.xx	$401MM
	Netskope	$12.03	+8.67%	$xx.xx	Series H	$7.5B	$xx.xx	$300MM
	Cohesity	$15.66	-2.12%	$xx.xx	Series H-1	$4.69B	$xx.xx	$27.5MM
	Shein	--	--	$xx.xx	--	--	--	--
	Dataminr	$11.94	-1.32%	$xx.xx	Series F	$4.1B	$xx.xx	$475MM

See Tech IPO Calendar

Updated on: Feb 13, 2025

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OpenX IPO