November Private Market UpdateThe private market one year past the peak - down, not out
November Private Market Update
Zume was founded in 2015 by Alex Garden and Julia Collins. The company has not publicly endorsed a plan to pursue an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Zume was originally founded as a pizza company, but later transitioned to focusing on kitchen automation technology and sustainable food packaging. Zume has raised nearly $450 million in Venture Capital funding from investors including Grishin Robotics, MicroVentures, FJ Labs, Kleiner Perkins, SGH Capital, SoftBank, AME Cloud Ventures, Maveron, and SignalFire. While once valued at $4 billion, employee layoffs and technological challenges make it doubtful that this figure is still accurate.
Zume does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Zume will be known as it becomes public. Here are similar public companies: Blade (NASDAQ: BLDE), Fast Radius (NASDAQ: FSRD), Joby Aviation (NYSE: JOBY), Procore Technologies (NYSE: PCOR), Rocket Lab (NASDAQ: RKLB).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 10/17/2018 | Series C | $375MM raised | $XXX.XX | $XXX.XX |
| 10/9/2017 | Series B | $48MM raised | $XXX.XX | $XXX.XX |
| 12/7/2016 | Series A, A-1, and A-2 | $22.69MM raised | $XXX.XX | $XXX.XX |
