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Startup News: Three cutting-edge companies file for IPO
June 3, 2024
Three high-profile startups have filed paperwork in recent weeks for initial public offerings.
| 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
5.3%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Softbank
|
||||||
| 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
5.3%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Scottish Mortgage Investment Trust
|
||||||
| 10/03/2022 | Series G-3 | $99.05MM | $xx.xx | $8.45B | Blue Media, Scottish Mortgage Investment Trust, 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
--
Key Investors
Blue Media, Scottish Mortgage Investment Trust, The Schiehallion Fund
|
||||||
| 01/15/2021 | Series G-2 | $197.89MM | $xx.xx | $8.12B | Baillie Gifford, Blue Media, Franklin Templeton, Google, Novo Holdings, Scottish Mortgage Investment Trust, The Schiehallion Fund, T. Rowe Price | |
|
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
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Baillie Gifford, Blue Media, Franklin Templeton, Google, Novo Holdings, Scottish Mortgage Investment Trust, The Schiehallion Fund, T. Rowe Price
|
||||||
| 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
--
Key Investors
Baillie Gifford, Franklin Templeton Investments, New Enterprise Associates, Novo Holdings
|
||||||
| 05/30/2019 | Series F | $200MM | $xx.xx | $3.1B | Baillie Gifford, Franklin Templeton Investments, New Enterprise Associates, Novo Holdings, Revolution Group, T.Rowe Price | |
|
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
--
Key Investors
Baillie Gifford, Franklin Templeton Investments, New Enterprise Associates, Novo Holdings, Revolution Group, T.Rowe Price
|
||||||
| 08/23/2018 | Series E | $111.02MM | $xx.xx | $2B | Baillie Gifford, New Enterprise Associates, Revolution, T. Rowe Price | |
|
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
--
Key Investors
Baillie Gifford, New Enterprise Associates, Revolution, T. Rowe Price
|
||||||
| 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
--
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
--
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
--
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
--
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
--
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
--
Key Investors
Undisclosed Investors
|
||||||
Three high-profile startups have filed paperwork in recent weeks for initial public offerings.
| Last Funding Round | ||||||||
|---|---|---|---|---|---|---|---|---|
| Company | Forge Price | Forge Price Change 5 | Last Closed Trade | Share Class | Post-Money Valuation | Price per Share | Amount Raised | |
 | Altos Labs | -- | -- | $xx.xx | Series C | $6.33B | $xx.xx | $1.5B |
 | BillionToOne | -- | -- | $xx.xx | Series D | $1.25B | $xx.xx | $130.47MM |
 | Caris Life Sciences | -- | -- | $xx.xx | -- | -- | -- | -- |
 | Colossal Biosciences | -- | -- | $xx.xx | Series C | $10.2B | $xx.xx | $200MM |
 | Cytonics | -- | -- | $xx.xx | -- | -- | -- | -- |
 | Egenesis | -- | -- | $xx.xx | Series D | $332.59MM | $xx.xx | $90.96MM |
 | Isomorphic Labs | -- | -- | $xx.xx | -- | -- | -- | -- |
 | Kailera Therapeutics | -- | -- | $xx.xx | Series A-2 NV | $580.71MM | $xx.xx | $7.09MM |
 | Loyal | -- | -- | $xx.xx | Series B-5 | $428.44MM | $xx.xx | $17.49MM |
 | Precision Neuroscience | -- | -- | $xx.xx | Series C | $542.69MM | $xx.xx | $102MM |
Updated on: Feb 13, 2025
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