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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Learn more about Pipe

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What is Pipe's IPO price?

The IPO price for Pipe will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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Can you invest in Pipe?

Pipe 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.

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Can you sell Pipe shares pre-IPO?

If you own Pipe 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.

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Is Pipe a publicly traded company?

Pipe 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.

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What is Pipe's funding to date?

Pipe has raised $314.27MM to date.
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When was Pipe founded?

Pipe was founded in 2019.

Who are Pipe's major investors?

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

Pipe Funding Rounds and Last Known Valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
5/19/2021 Series 1.3 and 1.4 $254.93MM raised $XXX.XX $XXX.XX
6/24/2020 Series 1.0, 1.1 and 1.2 $59.35MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: May 24, 2024


Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.