Public Holdings was founded in 2017 by Jannick Malling, Matt Kennedy, Peter Quinn, and Sean Hendelman. The company has not publicly endorsed a plan to participate in an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Public is an American investment app that allows users to buy stocks on an accessible, low-friction platform. The company has grown rapidly as consumer demand for financial management services continues to expand, reporting a 700% increase in funded accounts in 2021. In 2022, Public acquired HyperCharts, a financial data visualization platform, and Otis, an investment marketplace for "alternative assets." Public has raised more than $300 million in venture capital funding from investors including Tiger Global, Vine Capital, MANTIS, Lakestar, Greycroft Partners, Accel Partners, and Inspired Capital Partners. The company is valued at $1.2 billion.

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Is Public a publicly traded company?

Public 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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Will Public go IPO?

Public 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 through mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

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What is Public's IPO price?

The IPO price for Public 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 Public pre-IPO?

Public is privately held company and is not publicly traded, therefor investing in Public 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 Public shares?

To determine the value of your Public 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 Public shares. You can also learn more about how to sell your private shares before getting started.

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Can you sell Public before it goes public?

Yes, you can seek to sell shares in Public 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 Public's funding to date?

Public has raised $323.71MM to date.
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When was Public founded?

Public was founded in 2015.

Who are Public's major investors?

Accel
Greycroft
Work Life Ventures
Caffeinated Capital
Tiger Global Management
Dick Parsons
Plg Ventures
Dreamers Vc
Maria Sharapova
Mac Venture Capital
Advancit Capital
Khaira Capital
Mantis Vc
Casey Neistat
Aglae Ventures
Tony Hawk
Vine Capital Management
Sax Capital
Lakestar
Aglaé Ventures
Liontree
Intuition Capital
Phil Defranco
Morgan Debaun
Inspired Capital
Scott Belsky
Ducontra Ventures
Republic Capital

Public funding rounds and last known valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
12/6/2021

Series D-1

$7.69MM raised $XXX.XX $XXX.XX
2/17/2021

Series D

$220MM raised $XXX.XX $XXX.XX
12/3/2020

Series C and C-1

$65.46MM raised $XXX.XX $XXX.XX
1/3/2020

Series B

$15MM raised $XXX.XX $XXX.XX
3/27/2019

Series A, A-1 and A-2

$14.35MM raised $XXX.XX $XXX.XX
11/28/2017

Series Seed 1 and Seed 2

$1.22MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: Oct 27, 2024

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