GroundTruth (formerly known as xAd) was founded in 2009 by Dipanshu Sharma, Sunil Kumar, Chandra Kholia, and Michael Libes. The company has not publicly endorsed plans to participate in an IPO.
GroundTruth is a digital advertising platform that uses location services to target users across devices. The company acquired WeatherBug in 2016. GroundTruth has raised more than $116 million in venture capital funding from investors including Eminence Capital, W Capital, IVP, and Emergence Capital. The company did not disclose valuation figures following a $42.5 million fundraising round in 2016.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
GroundTruth (formerly known as xAd) was founded in 2009 by Dipanshu Sharma, Sunil Kumar, Chandra Kholia, and Michael Libes. The company has not publicly endorsed plans to participate in an IPO.
GroundTruth is a digital advertising platform that uses location services to target users across devices. The company acquired WeatherBug in 2016. GroundTruth has raised more than $116 million in venture capital funding from investors including Eminence Capital, W Capital, IVP, and Emergence Capital. The company did not disclose valuation figures following a $42.5 million fundraising round in 2016.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
GroundTruth is a privately held company and is not publicly traded, therefore investing in GroundTruth pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
Can you sell shares of GroundTruth before it goes public?
You can seek to sell your shares in GroundTruth while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.
What is the pre-IPO value of my GroundTruth shares?
To determine the value of your GroundTruth shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your GroundTruth shares. You can also learn more about how to sell your private shares before getting started.
Is GroundTruth a publicly traded company?
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
To learn more about GroundTruth potential IPO
Will GroundTruth go IPO?
GroundTruth has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.
What is GroundTruth’s IPO price?
The GroundTruth IPO price does not exist at this time, as GroundTruth is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to GroundTruth register for Forge Markets, today.
When was GroundTruth founded?
GroundTruth was founded in 2003.
What is GroundTruth funding to date?
GroundTruth has raised $121.24MM to date.
Who are GroundTruth’s major investors?
Institutional Venture Partners
SoftBank Capital
Emergence Capital Partners
M12
Sorrento Ventures
Palisades Ventures
SharesPost
GroundTruth Major Investors
Institutional Venture Partners
SoftBank Capital
Emergence Capital Partners
M12
Sorrento Ventures
Palisades Ventures
SharesPost
Show All InvestorsShow Fewer Investors
GroundTruth Funding Rounds and Valuation
Funding History Chart
Funding Round Details
Funding Date
Share Class
Amount Raised
Price per Share
Post-Money Valuation
Key Investors
07/24/2018
Series F
$18MM
$xx.xx
$477.43MM
Eminence Capital
Price per Share
$xx.xx
Shares Outstanding
50,933,786
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Eminence Capital
11/14/2016
Series E
$43.85MM
$xx.xx
$391.36MM
Emergence Capital, Eminence Capital, Institutional Venture Partners, Sharepost, W Capital
Price per Share
$xx.xx
Shares Outstanding
141,078,432
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Emergence Capital, Eminence Capital, Institutional Venture Partners, Sharepost, W Capital
09/04/2014
Series D
$35MM
$xx.xx
$243.44MM
Emergence Capital Partners, Institutional Venture Partners, Palisades Ventures, Silicon Valley Bank Ventures, Softbank Capital Partners
Price per Share
$xx.xx
Shares Outstanding
153,981,522
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Emergence Capital Partners, Institutional Venture Partners, Palisades Ventures, Silicon Valley Bank Ventures, Softbank Capital Partners
11/14/2011
Series C
$5.12MM
$xx.xx
$49.87MM
Emergence Capital Partners, Palisades Ventures, Silicon Valley Bank Ventures, Softbank Capital Partners
Price per Share
$xx.xx
Shares Outstanding
111,095,857
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000
Key Investors
Emergence Capital Partners, Palisades Ventures, Silicon Valley Bank Ventures, Softbank Capital Partners
08/16/2010
Series B-1
$4.28MM
$xx.xx
$33.21MM
Palisades Ventures, Softbank Capital Partners, Sorrento Ventures
Price per Share
$xx.xx
Shares Outstanding
138,564,760
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000
Key Investors
Palisades Ventures, Softbank Capital Partners, Sorrento Ventures
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Updated on: Dec 21, 2024
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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.
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December Private Market Update
