Pensando Systems was founded in 2017 by Luca Cafiero, Mario Mazzola, Mike Galles, Prem Jain, Soni Jiandani, and Vipin Jain, all former Cisco engineers. When asked about the possibility of acquisition 2019, CFO Randy Pond said "our aspirations at this point would be to IPO." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Pensando Systems offers a variety of powerful cloud computing products and solutions. Pensando has raised over $313 million in funding from investors including Hewlett Packard Enterprise, Lightspeed Venture Partners, Ericsson Ventures, Qualcomm Ventures, and Liberty Global Ventures. In a 2019 press release, the company stated their target of a $645 million post-money valuation, but having completed two additional rounds of funding since then, this number is likely higher.
Pensando Systems does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Pensando Systems will be known as it becomes public. Here are similar public companies: Dropbox (NAS: DBX), Okta (NAS: OKTA), VMware (NYS: VMW), Workday (NAS: WDAY), Atlassian (NAS: TEAM).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 8/2/2021 | Series C-1 and C-2 | $2.12B | $XXX.XX | $XXX.XX |
| 11/10/2020 | Series C-3 and C-4 | $730.33MM | $XXX.XX | $XXX.XX |
| 10/16/2019 | Series C | $702.18MM | $XXX.XX | $XXX.XX |
| 7/9/2018 | Series B | $301.5MM | $XXX.XX | $XXX.XX |
| 4/2/2018 | Series A | $202.86MM | $XXX.XX | $XXX.XX |
If you own Pensando Systems pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Pensando Systems is a private company and not publicly traded.
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.
