There’s something of a trend around legacy software firms and their soaring valuations: Companies founded in dinosaur times are on a tear, evidenced this week with SAP‘s shares […]
Billionaire Groupon founder Lefkofsky is back with another IPO: AI healthtech Tempus
Eric Lefkofsky knows the public listing rodeo well and is about to enter it for a fourth time. The serial entrepreneur, whose net worth is estimated at nearly […]
From Plaid to Figma, here are the startups that are likely — or definitely — not having IPOs this year
Last year’s investor dreams of a strong 2024 IPO pipeline have faded, if not fully disappeared, as we approach the halfway point of the year. 2024 delivered four […]
Despite recent successes, IPO market still won’t fully open until 2025
This year already proved that startups are willing to go public in a less-than-ideal market — and get rewarded for it, too. But bankers, lawyers and investors said […]
Rubrik’s shares climb 20% in its public debut
Rubrik shares hit the New York Stock Exchange Thursday debuting at $38 a share. The cybersecurity company priced it shares at $32 apiece Wednesday night, just a hair […]
Ibotta’s IPO opens sharply higher, hinting at warming public-market interest in tech shares
Ibotta began it’s path as a public company on Thursday by opening at $117 per share, a big increase from its IPO price of $88, itself an increase from […]
HR startup Rippling is in discussions to raise at a $13.4B valuation, up from $11.25B
The round could total $870M, including $670M worth of secondary Late stage HRtech startup Rippling is raising new capital. The company’s new round, that has not yet closed, […]
API startup Noname Security nears $500M deal to sell itself to Akamai
Noname Security, a cybersecurity startup that protects APIs, is in advanced talks with Akamai Technologies to sell itself for $500 million, according to a person familiar with the […]
Sachin Bansal’s fintech Navi seeks $2B valuation in its first major external fundraise
Flipkart co-founder Sachin Bansal is in talks to raise capital for his newer startup, Indian fintech Navi. Bansal is talking to investors to raise at a valuation of […]
Rubrik’s IPO filing hints at thawing public markets for tech companies
Rubrik, a data cybersecurity company that raised more than a half-billion dollars while private, filed to go public after the bell on Monday. Following quickly on the heels […]