Zipline IPO: Investment Opportunities & Pre-IPO Valuations

Company details

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.

flyzipline.com

Sector

Transportation

Subsector

Delivery Services

Founded

2011

Headquarters

South San Francisco, CA, United States

Forge Price ¹

$29.96

Forge Price Date

07/02/2025

Post-Money Valuation ³

$5.03B

Total Funding

$3.68B

LFR Price per Share

$xx.xx

Last Funding Share Class

Series G

Learn more about Zipline

To invest in Zipline pre-IPO

Can you invest in Zipline pre-IPO?

Zipline is a privately held company and is not publicly traded, therefore investing in Zipline 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 Zipline before it goes public?

You can seek to sell your shares in Zipline 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 Zipline shares?

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Is Zipline 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 Zipline potential IPO

Will Zipline go IPO?

Zipline 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 2025.

What is Zipline’s IPO price?

The Zipline IPO price does not exist at this time, as Zipline 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 Zipline register for Forge Markets, today.

When was Zipline founded?

Zipline was founded in 2011.

What is Zipline funding to date?

Zipline has raised $3.68B to date.

Zipline major investors

Andreessen Horowitz

Fidelity Investments

Katalyst Ventures

Sequoia Capital

The Goldman Sachs Group

Zipline funding rounds and valuation

Funding history chart

Funding round details

	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	$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
	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
	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-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
	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
	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

Access Stock Price

Private companies exploring an IPO

					Last Funding Round
Company		Forge Price	Forge Price Change ⁵	Last Closed Trade	Share Class	Post-Money Valuation	Price per Share	Amount Raised
	OpenAI	$469.47	-0.01%	$xx.xx	Funding Round	--	--	--
	Anduril	$40.88	-3.86%	$xx.xx	Series G	$30.5B	$xx.xx	$2.5B
	Cerebras	$31.39	-0.35%	$xx.xx	Series F-1	$2.87B	$xx.xx	$420MM
	Figma	$38.00	+0.03%	$xx.xx	Series E	$10B	$xx.xx	$200MM
	Kraken	$27.88	+8.02%	$xx.xx	Series B	$5.52B	$xx.xx	$52.5MM
	Netskope	$14.50	+8.45%	$xx.xx	Series H	$7.5B	$xx.xx	$300MM
	Klarna	$37.31	+21.02%	$xx.xx	Unknown	--	--	--
	Discord	$239.72	+6.61%	$xx.xx	Series I	$15B	$xx.xx	$500MM
	Cohesity	$17.00	+8.49%	$xx.xx	Series H-1	$4.69B	$xx.xx	$27.5MM
	Shein	--	--	$xx.xx	--	--	--	--

See Tech IPO Calendar

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Updated on: Jun 10, 2025

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Zipline IPO