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.

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Learn more about Proterra

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What is Proterra's IPO price?

Proterra's IPO price is $0.067 as of 8/16/23.
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What is Proterra's IPO price?

The IPO price for Proterra 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 Proterra pre-IPO?

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.

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What is the value of my Proterra shares?

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.

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Can you sell Proterra before it goes public?

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.

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What is Proterra's funding to date?

Proterra has raised $608.2MM to date.
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When was Proterra founded?

Proterra was founded in 2004.

Who are Proterra's major investors?

Kleiner Perkins
88 Green Ventures
Constellation Ventures
Edison Energy
General Motors Ventures
Global Investment Partners
Hennessey Capital
Hercules Technology Growth Capital
Middle East Venture Partners

Proterra funding rounds and last known valuation

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
Based on primary financings
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Updated on: Jul 26, 2024

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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.