Pipe was founded in 2019 by Harry Hurst, Josh Mangel, and Zain Allarakhia. The company has not publicly endorsed plans to participate in an IPO.

Pipe is an alternative financing company that seeks to offer founders opportunities to grow their businesses without diluting ownership interests or taking on restrictive debt. The company acquired Purely Capital in 2022, a UK-based alternative financing company. Pipe has raised more than $300 million in venture capital funding from investors including Greenspring Associates, Counterpoint Global, Fin VC, 3L, SBI Investment, and Marc Benioff. The company announced a $2 billion valuation after raising $250 million in fresh capital in 2021.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Can you invest in Pipe pre-IPO?

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

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

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Is Pipe a publicly traded company?

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To learn more about Pipe potential IPO

Will Pipe go IPO?

Pipe 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 Pipe’s IPO price?

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

When was Pipe founded?

Pipe was founded in 2019.

What is Pipe funding to date?

Pipe has raised $628.55MM to date.

Who are Pipe’s major investors?

Slack Fund
Greenspring Associates
Next47
Morgan Stanley
Raptor Group
CreditEase FinTech Investment Fund
Okta Ventures
Shopify
SBI Investment

Pipe Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
05/19/2021 Series 1.4 $10MM $xx.xx $2.07B Greenspring Associates, Counterpoint Global, CreditEase FinTech Investment Fund, SBI Investment, 3L, Sound Ventures, Guy Oseary, Fin VC, Next47, TIME Ventures, Seven Seven Six, MaC Ventures, Republic
Price per Share
$xx.xx
Shares Outstanding
170,937
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Greenspring Associates, Counterpoint Global, CreditEase FinTech Investment Fund, SBI Investment, 3L, Sound Ventures, Guy Oseary, Fin VC, Next47, TIME Ventures, Seven Seven Six, MaC Ventures, Republic
05/19/2021 Series 1.3 $244.93MM $xx.xx $2.07B Greenspring Associates, Counterpoint Global, CreditEase FinTech Investment Fund, SBI Investment, 3L, Sound Ventures, Guy Oseary, Fin VC, Next47, TIME Ventures, Seven Seven Six, MaC Ventures, Republic
Price per Share
$xx.xx
Shares Outstanding
3,600,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Greenspring Associates, Counterpoint Global, CreditEase FinTech Investment Fund, SBI Investment, 3L, Sound Ventures, Guy Oseary, Fin VC, Next47, TIME Ventures, Seven Seven Six, MaC Ventures, Republic
06/24/2020 Series 1.2 $9.58MM $xx.xx $237.73MM Fin VC, Tribe Capital, Uncorrelated Ventures, Lachy Groom, Anthemis, Craft Ventures, Fika Ventures, MaC Ventures
Price per Share
$xx.xx
Shares Outstanding
2,188,176
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Fin VC, Tribe Capital, Uncorrelated Ventures, Lachy Groom, Anthemis, Craft Ventures, Fika Ventures, MaC Ventures
06/24/2020 Series 1.1 $4.77MM $xx.xx $237.73MM Fin VC, Tribe Capital, Uncorrelated Ventures, Lachy Groom, Anthemis, Craft Ventures, Fika Ventures, MaC Ventures
Price per Share
$xx.xx
Shares Outstanding
5,903,454
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Fin VC, Tribe Capital, Uncorrelated Ventures, Lachy Groom, Anthemis, Craft Ventures, Fika Ventures, MaC Ventures
06/24/2020 Series 1.0 $45MM $xx.xx $237.73MM Fin VC, Tribe Capital, Uncorrelated Ventures, Lachy Groom, Anthemis, Craft Ventures, Fika Ventures, MaC Ventures
Price per Share
$xx.xx
Shares Outstanding
5,874,979
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Fin VC, Tribe Capital, Uncorrelated Ventures, Lachy Groom, Anthemis, Craft Ventures, Fika Ventures, MaC Ventures
Updated on: Nov 21, 2024

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