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.
Pindrop 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 Pindrop 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 |
|---|---|---|---|---|
| 12/5/2018 | Series D, D-1, and D-2 | $91.5MM raised | $XXX.XX | $XXX.XX |
| 1/28/2016 | Series C | $85.8MM raised | $XXX.XX | $XXX.XX |
| 2/19/2015 | Series B | $35.15MM raised | $XXX.XX | $XXX.XX |
| 6/7/2013 | Series A | $12.63MM raised | $XXX.XX | $XXX.XX |
Pindrop is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Pindrop 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.
Pindrop 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.
