SoFi was founded in 2011 by Mike Cagney, Ian Brady, James Finnigan, and Dan Macklin. According to the Financial Times in September 2023, “SoFi, the Nasdaq-listed fintech, is underwriting its first mainstream initial public offering.”

SoFi is an online finance company and student loan service. Per Forge data, SoFi has raised a total of $4.1 billion in funding over 18 rounds, with their latest funding being raised on Jun 1, 2021. Key investors include Manhattan Venture Partners, Qatar Investment Authority, G Squared, GGV Capital, SharesPost, SoftBank, Silver Lake Management, IVP, Peter Thiel, Baseline Ventures, DCM Ventures, and RPM Ventures.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Learn more about SoFi

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What is SoFi's IPO price?

SoFi's IPO price is $7.41 as of 1/18/24.
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What is SoFi's funding to date?

SoFi has raised $3.28B to date.
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When was SoFi founded?

SoFi was founded in 2011.

Who are SoFi's major investors?

Institutional Venture Partners
Wicklow Capital
Discovery Capital
Third Point Ventures
Baseline Ventures
Thomvest Ventures
Innovation Endeavors
Peter Thiel
Renren Inc.

SoFi Funding Rounds and Last Known Valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
5/13/2020 Series H-1 $879.86MM raised $XXX.XX $XXX.XX
5/29/2019 Series H $500MM raised $XXX.XX $XXX.XX
3/31/2017 Series G $500MM raised $XXX.XX $XXX.XX
7/28/2015 Series F $1B raised $XXX.XX $XXX.XX
2/9/2015 Series E $231.56MM raised $XXX.XX $XXX.XX
4/3/2014 Series D $80.84MM raised $XXX.XX $XXX.XX
6/30/2013 Series C $2.21MM raised $XXX.XX $XXX.XX
9/12/2012 Series B $81.87MM raised $XXX.XX $XXX.XX
10/12/2011 Series A $3.94MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: Apr 18, 2024


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.