Pindrop was founded in 2011 by Mustaque Ahamad, Paul Judge, and Vijay Balasubramaniyan. Following the acquisition of Next Caller in 2021, Balasubramaniyan told reporters, that the company could hold an IPO "in the next couple years."
Pindrop offers fraud detection for banks, insurance providers, and other enterprises. The company uses voice recognition software aiming to detect fraudulent customer calls. Pindrop has raised more than $215 million in venture capital funding from investors including Vitruvian Partners, Goldman Sachs, CapitalG, IVP, Andreessen Horowitz, GV, and Citi Ventures. The company was valued at $925 million in 2018, following a $90 million Series D funding round.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
12/05/2018 | Series D-2 | $11.5MM | $xx.xx | $914.6MM | Vitruvian Partners, Allegion Ventures, Cross Creek, Dimension Data, EDBI, Goldman Sachs, CapitalG, IVP, Andreessen Horowitz, GV, Citi Ventures | |
Price per Share
$xx.xx
Shares Outstanding
794,455
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Vitruvian Partners, Allegion Ventures, Cross Creek, Dimension Data, EDBI, Goldman Sachs, CapitalG, IVP, Andreessen Horowitz, GV, Citi Ventures
|
||||||
12/05/2018 | Series D-1 | $5MM | $xx.xx | $914.6MM | Vitruvian Partners, Allegion Ventures, Cross Creek, Dimension Data, EDBI, Goldman Sachs, CapitalG, IVP, Andreessen Horowitz, GV, Citi Ventures | |
Price per Share
$xx.xx
Shares Outstanding
345,415
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Vitruvian Partners, Allegion Ventures, Cross Creek, Dimension Data, EDBI, Goldman Sachs, CapitalG, IVP, Andreessen Horowitz, GV, Citi Ventures
|
||||||
12/05/2018 | Series D | $75MM | $xx.xx | $914.6MM | Vitruvian Partners, Allegion Ventures, Cross Creek, Dimension Data, EDBI, Goldman Sachs, CapitalG, IVP, Andreessen Horowitz, GV, Citi Ventures | |
Price per Share
$xx.xx
Shares Outstanding
5,181,238
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Vitruvian Partners, Allegion Ventures, Cross Creek, Dimension Data, EDBI, Goldman Sachs, CapitalG, IVP, Andreessen Horowitz, GV, Citi Ventures
|
||||||
01/28/2016 | Series C | $85.8MM | $xx.xx | $576.29MM | GV, Andreessen Horowitz, IVP, Citi Ventures, Felicis Ventures | |
Price per Share
$xx.xx
Shares Outstanding
7,550,555
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
GV, Andreessen Horowitz, IVP, Citi Ventures, Felicis Ventures
|
||||||
02/19/2015 | Series B | $35.15MM | $xx.xx | $228.39MM | IVP, Andreessen Horowitz, Citi Ventures, Felicis Ventures, Redpoint Ventures, Webb Investment Network | |
Price per Share
$xx.xx
Shares Outstanding
7,041,967
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
IVP, Andreessen Horowitz, Citi Ventures, Felicis Ventures, Redpoint Ventures, Webb Investment Network
|
||||||
06/07/2013 | Series A | $12.63MM | $xx.xx | $31.57MM | Andreessen Horowitz, Atlanta Technology Angels, Citi Ventures, Felicis Ventures, Redpoint Ventures, Webb Investment Network | |
Price per Share
$xx.xx
Shares Outstanding
15,836,355
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Atlanta Technology Angels, Citi Ventures, Felicis Ventures, Redpoint Ventures, Webb Investment Network
|