Social Finance (“SoFi”) was founded in 2011 by Mike Cagney, Ian Brady, James Finnigan, and Dan Macklin. In April 2019, SoFi CEO Anthony Noto stated in an interview with Yahoo! Finance that “an IPO is not a priority at this point.” These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

SoFi is an online finance company and student loan servicer. The company has raised over $2.4 billion in Venture Capital funding from investors including 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. Per company press releases, SoFi last raised $500 million in May 2019 at a post-money valuation of $4.8 billion.

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What is SoFi's ticker symbol?

SOFI

What is SoFi's stock price?

7.4 as of 9/26/23

Who are SoFi's major investors?

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

SoFi Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO 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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What is SoFi funding to date?

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

SoFi was founded in 2011.
Updated on: Sep 1, 2022