Stripe
Website: https://stripe.com/
Stripe is a fintech that brings payments into the digital age. The company helps process payments, credit card transactions for businesses on the internet, and recently added crypto on its platform after three year abandoning Bitcoin.
The fintech is now used globally by millions of companies across 120 countries with big customers like Amazon, Alphabet’s Google, Shopify, and Spotify.
In March 2021, Stripe raised over $600 million in funding, which it invested to expand its European reach. Its April 2021 $95 billion valuation made it the most valuable venture-backed private company in the U.S. Since then, SpaceX has surpassed Stripe in that regard, although Stripe’s next funding round is almost certain to be higher than its last. The round of fundraising also made Stripe the largest privately owned fintech globally.
Investors eagerly await Stripe’s public debut which will likely be one of the largest IPOs ever completed. Bloomberg reported in September that the payments company was in talks with investment banks about going public in early 2022.
Databricks
Website: https://databricks.com/
Among the most highly anticipated IPO candidates is crypto data-analytics company Databricks.
Databrisks makes it a standout startup name from others by combining Big Data, Artificial intelligence, Analytics. The enterprise software company aims to be an all-in-one centralized service where customers can store and analyze data in structured or unstructured forms. In an August funding round, Databrisks raised $1.6 billion and reach a $38 billion post-money valuation.
The company hasn’t confirmed to go public yet, but considering how hot enterprise software is and the revenue multiples peers trade for, an eventual IPO will be a big-time event.
Chief Executive Ali Ghodsi said that he expects Databrisks to eventually come public in the “not-too-distant future” when interviewing with CNBC in December.
Cybereason
Website: http://www.cybereason.com/
By utilizing the increasing cyberattack issues, many cybersecurity company have grown rapidly to the front page, and one of those is Cybereason – a developer of cloud-based endpoint detection and cybersecurity software.
Founded in 2012, Cybereason currently has 850 employees globally, with 350 of them based at Cybereason’s Israeli R&D centre. It provides an enterprise software platform for endpoint and extended detection and response (XDR) services.
According to GlobalData intelligence, the company raised $275 million in a Series F round in July, valuing it at around $3 billion.
With upcoming IPO, Cybereason’s spokesman said they would be pursuing a normal route and not a merger with a special purpose acquisition company (SPAC).