Startup News: Three cutting-edge companies file for IPO
Three high-profile startups have filed paperwork in recent weeks for initial public offerings.
tempus.comHealthcare / BioTech & PharmaFounded: 2015Funding to Date: $1.16B
Tempus is a biotechnology company that uses AI-driven precision medicine. By deriving insights from a library of clinical data and molecular data, Tempus has a mission to build personalized healthcare data to support diagnostics in cardiology, neuropsychiatry, radiology, and infectious diseases. The goal of Tempus is to help patients live longer lives, backed by machine learning tools and technology. Tempus was founded by Eric Lefkofsky in 2015 and is headquartered in Chicago, IL.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
04/30/2024 | Series G-5 | $200MM | $xx.xx | $8.89B | Softbank | |
Price per Share
$xx.xx
Shares Outstanding
3,489,981
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Softbank
|
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10/11/2023 | Series G-4 | $45.61MM | $xx.xx | $8.7B | Scottish Mortgage Investment Trust | |
Price per Share
$xx.xx
Shares Outstanding
795,911
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Scottish Mortgage Investment Trust
|
||||||
10/03/2022 | Series G-3 | $99.05MM | $xx.xx | $8.45B | Scottish Mortgage Investment Trust, Blue Media, The Schiehallion Fund | |
Price per Share
$xx.xx
Shares Outstanding
1,728,360
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
4.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Scottish Mortgage Investment Trust, Blue Media, The Schiehallion Fund
|
||||||
01/15/2021 | Series G-2 | $197.89MM | $xx.xx | $8.12B | Baillie Gifford, Franklin Templeton, Google, Novo Holdings, T. Rowe Price, Scottish Mortgage Investment Trust, Blue Media, The Schiehallion Fund | |
Price per Share
$xx.xx
Shares Outstanding
3,453,139
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Baillie Gifford, Franklin Templeton, Google, Novo Holdings, T. Rowe Price, Scottish Mortgage Investment Trust, Blue Media, The Schiehallion Fund
|
||||||
03/13/2020 | Series G | $97.31MM | $xx.xx | $5B | Baillie Gifford, Franklin Templeton Investments, New Enterprise Associates, Novo Holdings | |
Price per Share
$xx.xx
Shares Outstanding
2,537,290
Liquidation Pref Order
5
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Baillie Gifford, Franklin Templeton Investments, New Enterprise Associates, Novo Holdings
|
||||||
05/30/2019 | Series F | $200MM | $xx.xx | $3.1B | Novo Holdings, Revolution Group, New Enterprise Associates, T.Rowe Price, Baillie Gifford, Franklin Templeton Investments | |
Price per Share
$xx.xx
Shares Outstanding
8,077,674
Liquidation Pref Order
6
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Novo Holdings, Revolution Group, New Enterprise Associates, T.Rowe Price, Baillie Gifford, Franklin Templeton Investments
|
||||||
08/23/2018 | Series E | $111.02MM | $xx.xx | $2B | Baillie Gifford, T. Rowe Price, New Enterprise Associates, Revolution | |
Price per Share
$xx.xx
Shares Outstanding
6,630,905
Liquidation Pref Order
7
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Baillie Gifford, T. Rowe Price, New Enterprise Associates, Revolution
|
||||||
03/30/2018 | Series D | $80MM | $xx.xx | $1.03B | Kinship Trust Company, New Enterprise Associates, Revolution, T.Rowe Price | |
Price per Share
$xx.xx
Shares Outstanding
8,534,330
Liquidation Pref Order
8
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Kinship Trust Company, New Enterprise Associates, Revolution, T.Rowe Price
|
||||||
09/25/2017 | Series C | $70MM | $xx.xx | $700MM | New Enterprise Associates, Revolution | |
Price per Share
$xx.xx
Shares Outstanding
9,779,403
Liquidation Pref Order
9
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Cumulative
Participating
Participating
Participation Cap
N/A
Key Investors
New Enterprise Associates, Revolution
|
||||||
04/17/2017 | Series B-2 | $30MM | $xx.xx | $584.99MM | Undisclosed investors | |
Price per Share
$xx.xx
Shares Outstanding
4,191,173
Liquidation Pref Order
10
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed investors
|
||||||
11/22/2016 | Series B-1 | $10MM | $xx.xx | $286MM | Undisclosed investors | |
Price per Share
$xx.xx
Shares Outstanding
2,500,000
Liquidation Pref Order
10
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed investors
|
||||||
06/20/2016 | Series B | $10MM | $xx.xx | $143.02MM | Undisclosed investors | |
Price per Share
$xx.xx
Shares Outstanding
5,374,899
Liquidation Pref Order
10
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed investors
|
||||||
09/21/2015 | Series A | $10MM | $xx.xx | $66.67MM | Undisclosed investors | |
Price per Share
$xx.xx
Shares Outstanding
10,000,000
Liquidation Pref Order
11
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed investors
|
Three high-profile startups have filed paperwork in recent weeks for initial public offerings.