Rhombus Systems Rhombus Systems IPO
$368.14MM
Series C Valuation, Jul 2024
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Company Details
Rhombus Systems develops enterprise security cameras, utilizing artificial intelligence tools that offer cloud-based, plug-and-play cameras over Wi-Fi or Ethernet. The features include facial biometrics, people analytics and IT integrations, enabling enterprises to share footage and aims to bolster security measures. Rhombus Systems was founded in 2016 by Garrett Larsson and Omar Khan and is headquartered in Sacramento, CA.
Forge Price 1
Price not yet available
Post-Money Valuation 3
$368.14MM
Total Funding
$91.48MM
LFR Price per Share
$xx.xx
Last Funding Share Class
Series C

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Will Rhombus Systems go IPO?

Rhombus Systems 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 mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.

What is Rhombus Systems’ IPO price?

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When was Rhombus Systems founded?

Rhombus Systems was founded in 2017.

What is Rhombus Systems funding to date?

Rhombus Systems has raised $91.48MM to date.
Rhombus Systems Major Investors
Michael Stoppelman
Lemnos
Caden Capital
Cota Capital
Suresh Batchu
Msd Partners
Nightdragon
Promus Ventures
Tru Arrow Partners
Uncorrelated Ventures
Olima Ventures
Tim Lee
Portfolia
Sharon Wienbar
Bluestone Equity Partners

Rhombus Systems Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
07/30/2024 Series C $45MM $xx.xx $368.14MM Bluestone Equity Partners, Caden Capital, Cota Capital, Nightdragon, Tru Arrow Partners, Uncorrelated Ventures
Price per Share
$xx.xx
Shares Outstanding
5,081,588
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bluestone Equity Partners, Caden Capital, Cota Capital, Nightdragon, Tru Arrow Partners, Uncorrelated Ventures
02/27/2024 Series A-1 $12.75MM $xx.xx $187.53MM Caden Capital, Cota Capital, Tru Arrow Partners, Uncorrelated Ventures
Price per Share
$xx.xx
Shares Outstanding
3,181,112
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Caden Capital, Cota Capital, Tru Arrow Partners, Uncorrelated Ventures
02/27/2024 Series B $14.29MM $xx.xx $187.53MM Caden Capital, Cota Capital, Tru Arrow Partners, Uncorrelated Ventures
Price per Share
$xx.xx
Shares Outstanding
2,917,046
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Caden Capital, Cota Capital, Tru Arrow Partners, Uncorrelated Ventures
10/21/2021 Series A $9.93MM $xx.xx $82.01MM Cota Capital, Lemnos, Msd Partners, Promus Ventures
Price per Share
$xx.xx
Shares Outstanding
3,945,642
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Cota Capital, Lemnos, Msd Partners, Promus Ventures
03/01/2020 Series Seed-4 $6.41MM $xx.xx $37.02MM Sharon Wienbar, Suresh Batchu, Tim Lee, Uncorrelated Ventures
Price per Share
$xx.xx
Shares Outstanding
5,247,279
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Sharon Wienbar, Suresh Batchu, Tim Lee, Uncorrelated Ventures
09/10/2018 Series Seed-3 $569,997.89 $xx.xx $16.87MM Lemnos, Michael Stoppelman, Portfolia, Promus Ventures
Price per Share
$xx.xx
Shares Outstanding
892,714
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Lemnos, Michael Stoppelman, Portfolia, Promus Ventures
09/10/2018 Series Seed-2 $271,998.87 $xx.xx $16.87MM Lemnos, Michael Stoppelman, Portfolia, Promus Ventures
Price per Share
$xx.xx
Shares Outstanding
387,187
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Lemnos, Michael Stoppelman, Portfolia, Promus Ventures
09/10/2018 Series Seed-1 $2.25MM $xx.xx $16.87MM Lemnos, Michael Stoppelman, Portfolia, Promus Ventures
Price per Share
$xx.xx
Shares Outstanding
2,562,343
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Lemnos, Michael Stoppelman, Portfolia, Promus Ventures
Private Companies Exploring an IPO
Last Funding Round
Company Forge Price Forge Price Change 5 Last Closed Trade Share Class Post-Money Valuation Price per Share Amount Raised
CerebrasCerebras$40.08+9.9%$xx.xxSeries F-1$2.84B$xx.xx$85MM
CoreWeaveCoreWeave$1,149.84+18.78%$xx.xxSeries C$19B$xx.xx$1.15B
ChimeChime$24.86-0.04%$xx.xxSeries G$24.93B$xx.xx$1.1B
KlarnaKlarna$370.00-1.33%$xx.xxUnknown$6.7B$xx.xx--
TuroTuro$13.51-0.3%$xx.xxSeries E$1.24B$xx.xx$240.52MM
CircleCircle$24.71+2.49%$xx.xxSeries F$8.05B$xx.xx$401MM
NetskopeNetskope$11.07+2.98%$xx.xxSeries H$7.5B$xx.xx$300MM
Liquid DeathLiquid Death$9.47-0.11%$xx.xxSeries F-1$1.4B$xx.xx$67.61MM
CohesityCohesity$15.66-18.31%$xx.xxSeries H-1$4.69B$xx.xx$27.5MM
MNTNMNTN----$xx.xxSeries D$2.21B$xx.xx$119MM

Updated on: Jan 17, 2025

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