Zipline was founded in 2011 by Keller Rinaudo, William Hetzler, and Keenan Wyrobek. In a discussion with Forbes, in April 2023 the company received a $330 million Series F funding round. The company noted, “We are well capitalized to continue to grow our operations” in an interview discussing the new cash infusion and valuation of $4.2 billion. Despite this growth, the company has not officially endorsed a plan to participate in an IPO.
Zipline is a medical product and drone delivery manufacturer. Per Forge Data, Zipline has raised a total of $821 million over 11 funding rounds. Key investors include Katalyst Ventures, Temasek Holdings, Visionnaire Ventures, Sequoia Capital, SV Angel, Tuesday Capital, Sway Ventures, and Slow Ventures.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
06/06/2024 | Series G | $350MM | $xx.xx | $5.03B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
8,344,006
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
Undisclosed Investors
|
||||||
04/28/2023 | Series F-1 | $20MM | $xx.xx | $4.23B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
497,548
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
Undisclosed Investors
|
||||||
04/28/2023 | Series F | $330MM | $xx.xx | $4.23B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
8,209,548
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
Undisclosed Investors
|
||||||
06/30/2021 | Series E | $250MM | $xx.xx | $2.75B | Baillie Gifford, Emerging Capital Partners, Fidelity, Intercorp, Katalyst Ventures, Reinvent Capital, Temasek | |
Price per Share
$xx.xx
Shares Outstanding
7,661,802
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
Baillie Gifford, Emerging Capital Partners, Fidelity, Intercorp, Katalyst Ventures, Reinvent Capital, Temasek
|
||||||
05/17/2019 | Series D | $119.66MM | $xx.xx | $1.2B | Baillie Gifford, Bright Success Capital, Design To Improve Life Fund, Goldman Sachs, Gv, Katalyst Ventures, Oakhouse Partners, Temasek, The Rise Fund, Toyota Tsusho Corp | |
Price per Share
$xx.xx
Shares Outstanding
7,290,407
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
Baillie Gifford, Bright Success Capital, Design To Improve Life Fund, Goldman Sachs, Gv, Katalyst Ventures, Oakhouse Partners, Temasek, The Rise Fund, Toyota Tsusho Corp
|
||||||
03/07/2018 | Series C | $70MM | $xx.xx | $608.28MM | Baillie Gifford, Goldman Sachs, Gv, Katalyst Ventures, Temasek | |
Price per Share
$xx.xx
Shares Outstanding
8,230,440
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
Baillie Gifford, Goldman Sachs, Gv, Katalyst Ventures, Temasek
|
||||||
11/09/2016 | Series B | $25MM | $xx.xx | $224.91MM | Andreessen Horowitz, Jerry Yang, Sequoia Capital, Subtraction Capital, Visionnaire Ventures | |
Price per Share
$xx.xx
Shares Outstanding
6,800,316
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
Andreessen Horowitz, Jerry Yang, Sequoia Capital, Subtraction Capital, Visionnaire Ventures
|
||||||
07/14/2015 | Series A-1 | $4.22MM | $xx.xx | $85.5MM | Lerer Hippeau, Rivas Capital | |
Price per Share
$xx.xx
Shares Outstanding
5,047,081
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.1%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Lerer Hippeau, Rivas Capital
|
||||||
07/14/2015 | Series A-2 | $7.51MM | $xx.xx | $85.5MM | Lerer Hippeau, Rivas Capital | |
Price per Share
$xx.xx
Shares Outstanding
4,555,091
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Lerer Hippeau, Rivas Capital
|
||||||
10/16/2012 | Series A | $6.61MM | $xx.xx | $22.04MM | Aydin Senkut, Crunchfund, Sequoia Capital, Sv Angel | |
Price per Share
$xx.xx
Shares Outstanding
11,125,029
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Aydin Senkut, Crunchfund, Sequoia Capital, Sv Angel
|
Last Funding Round | ||||||||
---|---|---|---|---|---|---|---|---|
Company | Forge Price | Forge Price Change 5 | Last Closed Trade | Share Class | Post-Money Valuation | Price per Share | Amount Raised | |
Cerebras | $40.08 | +9.9% | $xx.xx | Series F-1 | $2.84B | $xx.xx | $85MM | |
CoreWeave | $1,149.84 | +18.78% | $xx.xx | Series C | $19B | $xx.xx | $1.15B | |
Chime | $24.86 | -0.04% | $xx.xx | Series G | $24.93B | $xx.xx | $1.1B | |
Klarna | $370.00 | -1.33% | $xx.xx | Unknown | $6.7B | $xx.xx | -- | |
Turo | $12.96 | -4.07% | $xx.xx | Series E | $1.24B | $xx.xx | $240.52MM | |
Circle | $24.71 | +2.49% | $xx.xx | Series F | $8.05B | $xx.xx | $401MM | |
Netskope | $11.07 | +2.98% | $xx.xx | Series H | $7.5B | $xx.xx | $300MM | |
Liquid Death | $9.47 | -0.11% | $xx.xx | Series F-1 | $1.4B | $xx.xx | $67.61MM | |
Cohesity | $15.66 | -18.31% | $xx.xx | Series H-1 | $4.69B | $xx.xx | $27.5MM | |
MNTN | -- | -- | $xx.xx | Series D | $2.21B | $xx.xx | $119MM |
Updated on: Jan 20, 2025
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