Particle was founded in 2012 by Zach Supalla and Zachary Crockett. The company has not publicly endorsed plans to participate in an IPO.
Particle is an IT platform that helps businesses "connect, manage, and deploy software applications to connected devices." The company has raised more than $80 million in venture capital funding from investors including Qualcomm Ventures, Energy Impact Partners, Root Ventures, Bonfire Ventures, Industry Ventures, and Spark Capital. Particle was valued at $200 million after a $40 million Series C fundraising round in 2019.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Particle is a privately held company and is not publicly traded, therefore investing in Particle 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 Particle before it goes public?
You can seek to sell your shares in Particle 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 Particle shares?
To determine the value of your Particle 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 Particle shares. You can also learn more about how to sell your private shares before getting started.
Is Particle 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 Particle potential IPO
Will Particle go IPO?
Particle 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 Particle’s IPO price?
The Particle IPO price does not exist at this time, as Particle 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 Particle register for Forge Markets, today.
When was Particle founded?
Particle was founded in 2012.
What is Particle funding to date?
Particle has raised $370.27MM to date.
Who are Particle’s major investors?
Spark Capital
Qualcomm Ventures
O’Reilly AlphaTech Ventures
Energy Impact Partners
Industry Ventures
Bonfire Ventures
Root Ventures
Heavybit
Graph Ventures
Collaborative Fund
Rincon Venture Partners
Cito Ventures
Particle Funding Rounds and Valuation
Funding History Chart
Funding Round Details
Funding Date
Share Class
Amount Raised
Price per Share
Post-Money Valuation
Key Investors
08/31/2023
Series A-1
$2.73MM
$xx.xx
$30.4B
Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
8,136,988
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
08/31/2023
Series A'-1
$4.52MM
$xx.xx
$30.4B
Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
12,053,088
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
08/31/2023
Series B-1
$13.96MM
$xx.xx
$30.4B
Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
22,228,992
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
08/31/2023
Series C-1
$36.9MM
$xx.xx
$30.4B
Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
31,615,240
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
08/31/2023
Series C+-1
$27.95MM
$xx.xx
$30.4B
Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
21,832,008
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
08/31/2023
Series C+++
$12.38MM
$xx.xx
$23.78B
Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
9,668,851
Liquidation Pref Order
1
Liquidation Pref As Multiplier
2.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
12/09/2022
Series C++
$15.81MM
$xx.xx
$30.4B
Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
12,350,203
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
11/15/2021
Junior C+
$1.2MM
$xx.xx
$25.5B
Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
937,330
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
10/30/2019
Junior C
$350,005.93
$xx.xx
$20.92B
Bonfire Ventures, Counterpart Ventures, Energy Impact Partners, Green D Ventures, Industry Ventures, Qualcomm Ventures, Root Ventures, Sosv, Spark Capital
Price per Share
$xx.xx
Shares Outstanding
299,868
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bonfire Ventures, Counterpart Ventures, Energy Impact Partners, Green D Ventures, Industry Ventures, Qualcomm Ventures, Root Ventures, Sosv, Spark Capital
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November Private Market Update
