Pipe Stock $28.75

Forge Price BeaconForge Price 1 updated November 20, 2024

pipe.comFinTech / Capital MarketsFounded: 2019Funding to Date: $628.55MM

Pipe is a trading platform that enables entrepreneurs to grow their business on their terms. This company was founded by Harry Hurst, Josh Mangel and Zain Allarakhia in 2019 and is headquartered in Miami, FL. By treating recurring revenue streams as an asset, Pipe allows companies to transform their recurring revenue into upfront capital, instantly.

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Private Market Pricing DetailsValuation & Financings

Pipe Stock Price

3M
6M
1Y
MAX
Forge Price 1
Date
11/20/2024
Price per Share
$28.75
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

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

Pipe investors also invested in these private companies

Leadership & Board

Leadership

Josh Mangel
Co-Founder & Co-Chief Executive Officer
Zain Allarakhia
Co-Founder & Chief Technology Officer
Michal Cieplinski
Chief Business Officer
Harry Hurst
Co-Founder & Co-Chief Executive Officer

Pipe stock FAQs

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Can you buy Pipe stock?

As Pipe is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Pipe, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Pipe stock?

To invest in a private company like Pipe through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Pipe stock?

Yes, you may sell the Pipe stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Pipe stock?

If you hold private company shares of Pipe – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Pipe on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Pipe a public company?

No, Pipe is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Pipe’s stock price?

Pipe is a private company, meaning it does’t have a publicly traded stock price. However, as of 11/20/2024 the Pipe Forge Price is $28.75 per share. The Forge Price is a derived price calculated for private companies like Pipe to provide insights into their current valuation. Learn more about Forge Price.
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What is Pipe’s stock ticker symbol?

Pipe does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Pipe’s news and media highlights

Tech startup Pipedream raised $13 million to build underground robotic delivery systems for quick-service restaurants and retailers. Pipedream will pilot its instant pickup technology with Wendy's this year. The company aims to enable 10-minute delivery in cities across the U.S. by 2030.
Hobas Pipe USA, Inc. is expanding production capacity with a new manufacturing line to meet growing demand for its fiberglass pipes from municipal water and wastewater infrastructure projects. The new line will increase output by 50% and be operational by October 2024.
Pipe supplier Welspun Tubular is suing Summit Carbon Solutions for over $15 million in damages related to Summit canceling a pipe supply agreement for its proposed carbon capture pipeline project. The cancellation came amid project delays and Welspun claims Summit owes cancellation fees and reimbursement for obtained materials.
Pipe is branching out into another new vertical, while at the same time making its first acquisition in picking up London-based Purely Capital, a media and entertainment financing company. Pipe has raised a total of $316M ($250M round last May), valuing the company at $2B.
Updated on: Nov 21, 2024

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