Proterra was founded in 2004 by Dale Hill. In July 2019, Reuters reported that the company had “hired investment banks to prepare for an initial public offering (IPO), according to people familiar with the matter” and adding that “the timing of the IPO depended on market conditions.” These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Proterra designs and manufactures zero-emission transit busses. The company has raised approximately $520 million in Venture Capital funding from investors including BMW iVentures, G2VP, Hercules Capital, Tao Capital Partners, GM Ventures, Kleiner Perkins, and Franklin Templeton Investments. Per company press releases, Proterra last raised $155 million in September 2018 at a post-money valuation of $855 million.
Proterra is privately held company and is not publicly traded, therefor investing in Proterra pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to invest in private companies before their potential IPO. If you are not an accredited investor, discover how to begin the the process to potentially qualify for new investment opportunities.
To determine the value of your Proterra shares, create a free account to gain access to Forge’s platform. Forge Markets contains pricing information for hundreds of pre-IPO companies. A Private Market Specialist will also be available to assist you with any inquiries related to your Proterra shares. You can also learn more about how to sell your private shares before getting started.
Yes, you can seek to sell shares in Proterra 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.
Date | Funding Round | Funding Raised | Price per Share | Last Known Valuation |
---|---|---|---|---|
8/2/2019 | Series 8 |
$86.87MM raised | $XXX.XX | $XXX.XX |
9/19/2018 | Series 7 |
$155MM raised | $XXX.XX | $XXX.XX |
6/13/2017 | Series 6 |
$55MM raised | $XXX.XX | $XXX.XX |
1/3/2017 | Series 5 |
$142.99MM raised | $XXX.XX | $XXX.XX |
6/17/2015 | Series 4 |
$31.65MM raised | $XXX.XX | $XXX.XX |
10/4/2013 | Series 3 |
$36.48MM raised | $XXX.XX | $XXX.XX |
11/5/2012 | Series 2 |
$24.95MM raised | $XXX.XX | $XXX.XX |
6/9/2011 | Series 1 |
$75.26MM raised | $XXX.XX | $XXX.XX |