November Private Market UpdateThe private market one year past the peak - down, not out
November Private Market Update
Starburst Data was founded in 2017 by Justin Borgman. After a successful round of funding in 2022, Borgman said "At this point, we're very focused on building a big public company." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Starburst makes data easy to search and access across multiple databases, helping large organizations maximize actionable insights. The company has received over $400 million in venture capital funding from investors including Andreessen Horowitz LLC, Coatue Management, Salesforce Ventures, and Alkeon Capital. The most recent round brought in $250 million and pushed Starburst to a $3.35 billion valuation.
Starburst Data does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Starburst Data will be known as it becomes public. Here are similar public companies: Dropbox (NAS: DBX), Okta (NAS: OKTA), VMware (NYS: VMW), Workday (NAS: WDAY), Atlassian (NAS: TEAM).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 2/9/2022 | Series D | $250MM raised | $XXX.XX | $XXX.XX |
| 1/6/2021 | Series C | $118.36MM raised | $XXX.XX | $XXX.XX |
| 6/16/2020 | Series B | $41.5MM raised | $XXX.XX | $XXX.XX |
| 11/20/2019 | Series A | $21.83MM raised | $XXX.XX | $XXX.XX |
