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.

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Learn more about GroundTruth

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Is GroundTruth a publicly traded company?

GroundTruth is a private company and not publicly traded.

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.

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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 through mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

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What is GroundTruth's IPO price?

The IPO price for GroundTruth will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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Can you invest in GroundTruth pre-IPO?

GroundTruth is privately held company and is not publicly traded, therefor investing in GroundTruth pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to invest in private companies before their potential IPO. If you are not an accredited investor, discover how to begin the the process to potentially qualify for new investment opportunities.

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What is the value of my GroundTruth shares?

To determine the value of your GroundTruth shares, create a free account to gain access to Forge’s platform. Forge Markets contains pricing information for hundreds of pre-IPO companies. 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.

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Can you sell GroundTruth before it goes public?

Yes, you can seek to sell 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.

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What is GroundTruth's funding to date?

GroundTruth has raised $121.24MM to date.
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When was GroundTruth founded?

GroundTruth was founded in 2003.

Who are GroundTruth's major investors?

Institutional Venture Partners
SoftBank Capital
Emergence Capital Partners
M12
Sorrento Ventures
Palisades Ventures
SharesPost

GroundTruth funding rounds and last known valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
7/24/2018

Series F

$18MM raised $XXX.XX $XXX.XX
11/14/2016

Series E

$43.85MM raised $XXX.XX $XXX.XX
9/4/2014

Series D

$35MM raised $XXX.XX $XXX.XX
11/14/2011

Series C

$5.12MM raised $XXX.XX $XXX.XX
8/16/2010

Series B-1

$4.28MM raised $XXX.XX $XXX.XX
7/3/2008

Series A-1

$15MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: Jul 26, 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.