IPO Tracker
Click any company to learn more about their IPO status.
IPO Filed
8Quantinuum
Quantinuum is a quantum computing company formed from the merger of Honeywell Quantum Solutions and Cambridge Quantum Computing. The company builds trapped-ion quantum computers and quantum software for applications in chemistry, optimization, and cybersecurity. Quantinuum is valued at around $5 billion and is one of the most advanced quantum computing companies.
Genesys
Genesys provides cloud-based contact center software that powers customer service operations for major enterprises worldwide. The platform handles voice, chat, email, and social media interactions with AI-powered routing and analytics. Genesys generates over $2 billion in annual revenue and has been considering an IPO.
Strava
Strava is a social fitness app used by over 100 million athletes to track runs, rides, swims, and other workouts with GPS data. The platform features competitive leaderboards, route planning, and a social feed that makes it the go-to app for endurance sports. Strava has been growing its subscription revenue and is a potential consumer tech IPO.
EquipmentShare
EquipmentShare is a construction technology company that rents heavy equipment and provides fleet management and telematics software to contractors. The company operates rental branches across the U.S. and has built its own proprietary tracking platform. EquipmentShare is valued at over $3 billion and has been exploring IPO options.
Kraken
Kraken is one of the oldest and largest cryptocurrency exchanges in the world, offering trading in Bitcoin, Ethereum, and dozens of other digital assets. The company is known for strong security and regulatory compliance compared to competitors. Kraken has publicly discussed IPO plans and could list as crypto markets mature.
Discord
Discord is a communication platform built around voice, video, and text chat, used by over 200 million monthly active users. Originally popular with gamers, it now hosts communities for everything from study groups to professional teams. Discord has been valued at around $15 billion and has turned down acquisition offers from Microsoft.
Cerebras
Cerebras makes the world's largest computer chip — a wafer-scale processor designed specifically for training and running AI models. The company competes with Nvidia in the AI accelerator market and has partnered with major research institutions. Cerebras filed for an IPO and could be valued at over $8 billion.
SpaceX
SpaceX designs and launches reusable rockets, including Falcon 9 and the Starship mega-rocket, for commercial, government, and deep-space missions. Founded by Elon Musk, it's the most valuable private company in the world with a valuation exceeding $200 billion. SpaceX has not announced IPO plans, though its Starlink division is a candidate for a separate listing.
IPO Expected
30Snyk
Snyk is a developer security platform that automatically finds and fixes vulnerabilities in code, open-source dependencies, containers, and cloud infrastructure. The company is used by over 2,500 enterprise customers and integrates directly into developer workflows. Snyk is valued at around $7.4 billion and is a strong candidate for a cybersecurity IPO.
SAS
SAS Institute is a privately held analytics and business intelligence software company that has been operating for nearly 50 years. The company serves over 80,000 organizations worldwide with statistical analysis, AI, and data management tools. SAS has been exploring strategic options including a potential IPO or sale, reportedly valued at around $7-8 billion.
Dataiku
Dataiku is an enterprise AI and data science platform that enables teams to collaboratively build, deploy, and monitor machine learning models. The company serves over 600 enterprise customers including Pfizer, Unilever, and GE. Dataiku is valued at around $3.7 billion and competes with Databricks in the enterprise AI space.
GrubMarket
GrubMarket is a B2B food supply chain platform that connects farms and food producers directly with retailers, restaurants, and institutions. The company uses AI-powered software to optimize food distribution and reduce waste. GrubMarket has raised over $500 million and is one of the largest private food tech companies.
Verkada
Verkada builds cloud-managed physical security systems including cameras, access control, environmental sensors, and alarm systems for businesses. The company's platform is used across offices, schools, hospitals, and retail locations. Verkada is valued at around $3.2 billion and has been growing rapidly in the enterprise security market.
Flock Safety
Flock Safety makes license plate recognition cameras and public safety technology used by police departments and communities to solve and deter crime. The company's camera network is deployed in thousands of neighborhoods and cities across the U.S. Flock Safety is valued at around $7.5 billion and has been growing rapidly.
Vuori
Vuori is a California-based performance apparel brand making athletic and casual clothing inspired by a coastal active lifestyle. The company has expanded from online-only to over 60 retail stores and is now sold at Nordstrom and REI. Vuori is valued at around $4 billion and is seen as a challenger to Lululemon.
Deel
Deel is a global payroll and HR platform that helps companies hire, pay, and manage employees and contractors in over 150 countries. The company simplifies international hiring by handling compliance, taxes, and benefits across jurisdictions. Deel has reached over $600 million in ARR and is one of the fastest-growing HR tech companies.
Skims
Skims is a shapewear and apparel brand founded by Kim Kardashian, spanning underwear, loungewear, swimwear, and men's basics. The company has grown rapidly through celebrity marketing and inclusive sizing. Skims is valued at around $4 billion and has been reported to be exploring an IPO.
Dataminr
Dataminr is a real-time AI platform that analyzes public data sources — including social media, news, and sensors — to detect emerging risks and breaking events. The company serves newsrooms, financial firms, governments, and corporate security teams. Dataminr is valued at over $4 billion and has been considered an IPO candidate.
Gopuff
Gopuff is an instant delivery platform that stocks its own micro-fulfillment centers with convenience items, groceries, and alcohol for delivery in 30 minutes or less. The company operates hundreds of facilities across the U.S. and has expanded internationally. Gopuff is valued at around $10 billion and has been restructuring toward profitability ahead of a potential IPO.
Liquid Death
Liquid Death is a canned water and iced tea brand that uses irreverent, punk-inspired marketing to stand out in the beverage industry. The company sells its mountain water in tallboy cans and has partnered with Live Nation for venue distribution. Liquid Death is valued at around $1.4 billion and has been discussed as an unconventional IPO candidate.
VAST Data
VAST Data builds high-performance data storage infrastructure optimized for AI, deep learning, and analytics workloads. The company's platform eliminates the tradeoff between fast and cheap storage with a disaggregated architecture. VAST Data is valued at around $9.1 billion and is growing rapidly as AI drives demand for better storage.
Arctic Wolf
Arctic Wolf is a managed cybersecurity company that provides threat detection, incident response, and security monitoring as a service. The company serves thousands of mid-market and enterprise customers who don't have in-house security teams. Arctic Wolf is valued at around $4.3 billion and is a strong IPO candidate in the security sector.
Mode Mobile
Mode Mobile is a smartphone-centric platform that rewards users for everyday activities like gaming, streaming, shopping, and charging their phones. The company has generated over 45 million app downloads and operates a reward-based mobile ecosystem. Mode Mobile has been pursuing a public listing as it scales its user base.
Moloco
Moloco is a machine learning-powered advertising platform that helps app developers and e-commerce companies acquire users and optimize ad spending. The company's technology enables real-time programmatic ad buying at scale across mobile and CTV. Moloco has been valued at over $2 billion and is a growing force in the ad tech space.
Lime
Lime operates shared electric scooters and bikes in hundreds of cities worldwide, making it one of the largest micro-mobility companies. The company has completed hundreds of millions of rides and reached profitability. Lime is backed by Uber and has been discussed as an IPO candidate in the urban transportation space.
Fanatics
Fanatics is a sports commerce company that manufactures and sells licensed merchandise, trading cards, and collectibles for major sports leagues. The company holds exclusive licensing deals with the NFL, NBA, MLB, and NHL. Fanatics is valued at over $30 billion and has expanded into sports betting, making it one of the biggest private companies in sports.
SeatGeek
SeatGeek is a ticketing platform that combines a fan-facing marketplace for buying event tickets with a venue box-office software product. The company is the official ticketing partner for the Dallas Cowboys, Brooklyn Nets, and other major teams. SeatGeek previously attempted a SPAC merger and has continued to pursue a public listing.
Rippling
Rippling is a workforce management platform that unifies HR, IT, and finance — handling everything from payroll and benefits to device management and app provisioning. The company is one of the fastest-growing enterprise software startups, valued at around $13.5 billion. Rippling competes with Workday and is widely expected to IPO.
Automation Anywhere
Automation Anywhere is a robotic process automation (RPA) platform that helps enterprises automate repetitive digital tasks and workflows using software bots. The company competes with UiPath in the multi-billion-dollar RPA market. Automation Anywhere has raised over $800 million and has been considered an IPO candidate for several years.
Ramp
Ramp is a corporate card and expense management platform that helps businesses control spending, automate accounting, and reduce costs. The company is one of the fastest-growing fintech startups in the U.S. and has raised at a $7.65 billion valuation. Ramp competes with Brex and is a top-tier fintech IPO candidate.
Cohesity
Cohesity is a data management company that consolidates enterprise backups, file services, and analytics onto a single platform. The company competes with Rubrik and Commvault in the growing data protection market. Cohesity merged with Veritas in 2024 and has been exploring a public offering.
Acrisure
Acrisure is one of the largest insurance brokerages in the world, built through a strategy of acquiring hundreds of local insurance agencies. The company generates over $4 billion in annual revenue across property, casualty, and life insurance. Acrisure has been considering an IPO or other public market transaction.
Plaid
Plaid provides the API infrastructure that connects consumer bank accounts to thousands of financial apps like Venmo, Robinhood, and Coinbase. Nearly every major fintech app in the U.S. relies on Plaid for bank linking and data access. The company is valued at around $13 billion after Visa's $5.3 billion acquisition attempt was blocked.
Boxabl
Boxabl manufactures foldable, factory-built housing units called Casitas that ship in a compact box and unfold on-site. The company is targeting the affordable housing crisis with units starting around $50,000. Boxabl has generated significant retail investor buzz and has discussed plans for a public offering.
Anthropic
Anthropic is an AI safety company and the maker of Claude, a family of large language models designed with a focus on helpfulness and safety. Founded by former OpenAI researchers, the company has raised billions from Google and other investors. Anthropic is valued at over $60 billion and is a top-tier AI IPO candidate.
OpenAI
OpenAI is the AI company behind ChatGPT, GPT-4, and DALL-E, which have transformed how people interact with artificial intelligence. The company has generated billions in annualized revenue and counts Microsoft as its largest investor and cloud partner. OpenAI is reportedly considering a public offering that could value it at over $100 billion.
Databricks
Databricks provides a unified data and AI platform built on Apache Spark, used by thousands of enterprises for analytics, data engineering, and machine learning. The company is valued at over $43 billion and competes with Snowflake in the cloud data market. Databricks is one of the most anticipated enterprise tech IPOs.
Anduril
Anduril builds AI-powered defense technology including autonomous drones, surveillance towers, and underwater vehicles for the U.S. military. Founded by Palmer Luckey (creator of Oculus VR), the company has secured billions in defense contracts. Anduril is valued at over $14 billion and is one of the most-watched defense tech IPO candidates.
IPO Rumored
6Faire
Faire is a wholesale marketplace that connects independent retailers with brands and product suppliers for inventory purchasing. The company uses machine learning to recommend products and offers net-60 payment terms to retailers. Faire is valued at around $12.4 billion and is one of the largest B2B commerce platforms.
Shield AI
Shield AI builds autonomous AI pilot systems for military aircraft, including drones and fighter jets that can fly missions without GPS or communications. The company has deployed its Hivemind autonomy software in combat zones. Shield AI is valued at around $2.8 billion and is a growing defense technology IPO candidate.
Impossible Foods
Impossible Foods makes plant-based meat products, including its flagship Impossible Burger, sold in restaurants and grocery stores nationwide. The company's products are designed to replicate the taste and texture of beef using heme protein. Impossible Foods has raised over $2 billion and has been discussed as a potential IPO candidate.
Tanium
Tanium is a cybersecurity and endpoint management platform that gives enterprises real-time visibility and control over every device on their network. The company is used by major banks, government agencies, and Fortune 100 companies. Tanium is valued at over $9 billion and has long been considered an IPO candidate.
Stripe
Stripe is a payments infrastructure company that powers online transactions for millions of businesses, from startups to Fortune 500 companies. Co-founded by Irish brothers Patrick and John Collison, it processes hundreds of billions of dollars annually. Stripe is valued at around $65 billion and is one of the most anticipated IPOs in tech.
Medline
Medline is one of the largest private medical supply companies in the U.S., manufacturing and distributing products to hospitals, surgery centers, and clinics nationwide. The company generates over $20 billion in annual revenue. Medline has been exploring an IPO that could value it at $50 billion or more.
No IPO Announced
41Harness
Harness is a software delivery platform that automates CI/CD pipelines, feature flags, cloud cost management, and chaos engineering for development teams. Founded by the creator of AppDynamics, the company has raised over $500 million. Harness is valued at around $3.7 billion and is positioned as a DevOps IPO candidate.
OneTrust
OneTrust is a privacy, security, and data governance platform that helps organizations comply with regulations like GDPR, CCPA, and industry frameworks. The company serves over 14,000 customers across privacy management, third-party risk, and ESG programs. OneTrust is valued at around $4.5 billion and has been considered an IPO candidate.
Benchling
Benchling is a cloud R&D platform built for life sciences companies to manage experiments, samples, molecular biology workflows, and research data. The company is used by major biotech and pharmaceutical companies including Moderna, Regeneron, and Gilead. Benchling is valued at around $6.1 billion and is a strong candidate for a life sciences software IPO.
Fivetran
Fivetran provides automated data pipelines that move data from hundreds of sources into cloud data warehouses like Snowflake and BigQuery. The company eliminates the need for engineers to build and maintain custom data connectors. Fivetran is valued at around $5.6 billion and is a key piece of the modern data stack.
Skydio
Skydio builds autonomous drones powered by AI that can navigate complex environments without GPS or human piloting. The company's drones are used for infrastructure inspection, mapping, public safety, and defense applications. Skydio is valued at around $2.2 billion and is the leading U.S.-made drone manufacturer.
ThoughtSpot
ThoughtSpot is a business analytics platform that lets non-technical users search and explore enterprise data using natural language queries. The company's AI-driven approach makes self-service analytics accessible to business teams without SQL knowledge. ThoughtSpot has raised over $750 million and is positioned as an enterprise analytics IPO candidate.
Zocdoc
Zocdoc is a healthcare marketplace that lets patients find doctors, read reviews, and book appointments online with real-time availability. The platform covers thousands of providers across dozens of specialties and insurance networks. Zocdoc has been growing its revenue and has been discussed as a potential healthcare tech IPO.
Vanta
Vanta automates security compliance, helping companies achieve SOC 2, HIPAA, ISO 27001, and other certifications in weeks instead of months. The platform continuously monitors security controls and generates audit-ready evidence. Vanta is valued at around $2.45 billion and is growing rapidly as compliance requirements increase.
Included Health
Included Health is a virtual healthcare platform that combines telehealth, expert medical opinions, and benefits navigation into a single service for employers and health plans. The company merged with Doctor on Demand and Grand Rounds to create a comprehensive virtual care offering. Included Health has raised over $500 million and is a digital health IPO candidate.
Betterment
Betterment is a robo-advisory platform providing automated investment management, retirement planning, and cash management for retail investors. The company manages over $45 billion in client assets and also offers a 401(k) product for employers. Betterment is one of the original robo-advisors and has been considered a fintech IPO candidate.
Fervo Energy
Fervo Energy is a geothermal energy company using horizontal drilling and fiber optic sensing technology to produce carbon-free baseload power. The company has signed power purchase agreements with Google to supply clean energy for data centers. Fervo is one of the most promising next-generation geothermal startups and a clean energy IPO candidate.
ConsenSys
ConsenSys is the company behind MetaMask, the most popular Ethereum wallet with over 30 million monthly users, and other blockchain infrastructure tools. Founded by Ethereum co-founder Joseph Lubin, the company builds developer platforms and enterprise blockchain solutions. ConsenSys has faced SEC scrutiny but remains central to the Ethereum ecosystem.
PsiQuantum
PsiQuantum is building a fault-tolerant quantum computer using silicon photonics, aiming to deliver commercially useful quantum computing at scale. The company has raised over $700 million and partnered with GlobalFoundries for chip manufacturing. PsiQuantum is one of the best-funded quantum computing startups and a long-term IPO candidate.
Lendbuzz
Lendbuzz is an AI-powered auto lending platform that provides car loans to underserved borrowers, including immigrants and thin-credit-file consumers. The company uses alternative data beyond traditional credit scores to assess risk. Lendbuzz has raised significant funding and is expanding its lending footprint across the U.S.
Addepar
Addepar is a wealth management technology platform that provides portfolio analytics, reporting, and data aggregation for financial advisors and family offices. The platform manages data for over $7 trillion in tracked assets. Addepar is valued at around $3.5 billion and serves some of the largest wealth management firms.
Lightmatter
Lightmatter builds photonic computing chips that use light instead of electricity to transfer data between AI processors. The technology dramatically reduces energy consumption and latency in AI data centers. Lightmatter is valued at over $4 billion and is a standout in the photonic chip space as AI infrastructure demand grows.
Moz
Moz is an SEO software company offering tools for keyword research, site audits, rank tracking, and link analysis. The platform is used by marketers and agencies to improve organic search visibility. Moz is a well-established brand in the SEO industry and has been considered a potential small-cap IPO candidate.
Illumio
Illumio is a zero-trust cybersecurity company that prevents lateral movement of threats inside enterprise networks using microsegmentation. The technology contains breaches by controlling how workloads communicate across data centers and cloud environments. Illumio has raised over $550 million and is valued at around $2.75 billion.
Neuralink
Neuralink is Elon Musk's neurotechnology company developing implantable brain-computer interfaces that allow humans to control devices with their thoughts. The company began its first human clinical trials in 2024 and aims to treat paralysis and neurological conditions. Neuralink is valued at around $5 billion and represents one of the most ambitious biotech ventures.
Epic Games
Epic Games is the creator of Fortnite, one of the most popular video games in the world, and the Unreal Engine game development platform. The company also operates the Epic Games Store, which competes with Steam as a PC game marketplace. Epic is valued at around $32 billion and is majority-owned by founder Tim Sweeney.
Whoop
Whoop makes a subscription-based wearable fitness device that tracks strain, recovery, sleep, and health metrics without a screen. The band is popular among professional athletes, CrossFit competitors, and military personnel. Whoop has raised over $400 million and has been considered a potential IPO candidate in the wearable health tech space.
DailyPay
DailyPay is a financial services platform that gives employees access to their earned wages before their scheduled payday. The company partners with major employers like Kroger, Hilton, and Dollar Tree to offer on-demand pay as a benefit. DailyPay has raised over $500 million and is a potential IPO candidate in the fintech space.
Houzz
Houzz is an online platform for home renovation and design, connecting homeowners with interior designers, architects, and contractors. The company also operates a marketplace for furniture and home goods. Houzz has raised over $600 million and was once valued at $4 billion.
Motive
Motive (formerly KeepTruckin) builds fleet management technology including GPS tracking, AI-powered dashcams, and ELD compliance tools for trucking companies. The platform is used by over one million drivers and vehicles across North America. Motive is valued at around $2.85 billion and is a strong candidate for a fleet tech IPO.
Flexport
Flexport is a digital freight forwarding and logistics platform that helps companies manage international shipping, customs, and supply chain operations. The company was founded to modernize the $8 trillion global logistics industry with software. Flexport has raised billions in funding and has been through leadership changes as it prepares for eventual public markets.
Accelerant
Accelerant is an InsurTech company that provides digital underwriting, distribution, and risk management infrastructure for specialty insurance. The company works with a network of managing general agents to deploy capital more efficiently. Accelerant has raised significant funding and is building a new model for the insurance industry.
Airtable
Airtable is a low-code platform that combines the simplicity of a spreadsheet with the power of a database, allowing teams to build custom apps without coding. The company is used by over 500,000 organizations for project management, content planning, and operations. Airtable is valued at around $11 billion and is a potential enterprise software IPO.
Scale AI
Scale AI provides data labeling, annotation, and evaluation infrastructure used to train and validate AI models for enterprises and government agencies. The company has contracts with the U.S. Department of Defense and major tech companies. Scale AI is valued at over $14 billion and is one of the most prominent AI infrastructure IPO candidates.
Notion
Notion is an all-in-one workspace that combines notes, docs, databases, wikis, and project management in a single collaborative tool. The company has millions of users ranging from individuals to enterprise teams at companies like Samsung and Uber. Notion is valued at around $10 billion and is a top candidate for a productivity software IPO.
Fundrise
Fundrise is a real estate investment platform that allows everyday investors to access private real estate deals with low minimums. The company manages billions in assets across residential, commercial, and venture fund strategies. Fundrise pioneered the real estate crowdfunding model and has been growing toward a potential public listing.
Applied Intuition
Applied Intuition builds simulation, testing, and development software for autonomous vehicles and advanced driver-assistance systems. The company works with major automakers and autonomous vehicle developers to validate self-driving technology at scale. Applied Intuition is valued at over $6 billion and is a strong IPO candidate in the AV space.
Pacaso
Pacaso is a real estate platform that enables fractional co-ownership of luxury vacation homes, allowing multiple buyers to share a property. The company handles purchasing, furnishing, scheduling, and property management. Pacaso is targeting the $1.3 trillion second-home market as a more accessible alternative to full ownership.
Waymo
Waymo is Alphabet's self-driving car subsidiary, operating the most advanced commercial robotaxi service in the U.S. across Phoenix, San Francisco, and Los Angeles. The company has completed millions of fully autonomous rides without a human driver. A Waymo IPO or spin-off from Google has been a subject of investor speculation for years.
Gusto
Gusto is a cloud-based payroll, benefits, and HR platform designed for small and mid-size businesses. The company serves over 300,000 businesses and handles payroll processing, tax filing, and health insurance administration. Gusto is valued at around $10 billion and is a candidate for a business software IPO.
Turo
Turo is a peer-to-peer car-sharing marketplace where vehicle owners can rent out their cars to travelers by the day. The company operates in thousands of cities and has facilitated millions of trips. Turo has filed for an IPO and is considered the Airbnb of car rentals.
MNTN
MNTN is a connected TV advertising platform that allows brands to run performance-driven video ad campaigns on streaming services. The company makes TV advertising accessible to mid-market and D2C brands with self-serve tools. MNTN has raised significant venture funding and is positioned as a CTV advertising IPO candidate.
Via
Via builds software that powers on-demand shared transit and shuttle services in over 600 cities worldwide. The company partners with public transit agencies and private operators to run flexible bus and van routes. Via has raised over $800 million and is a potential IPO candidate in the mobility space.
Ripple
Ripple operates a blockchain-based payment network designed for fast, low-cost cross-border transactions between financial institutions. The company is closely associated with XRP, one of the largest cryptocurrencies by market cap. Ripple settled a long-running SEC lawsuit and has signaled interest in a potential public offering.
Wealthfront
Wealthfront is a robo-advisory platform that automates investment management, financial planning, and cash management for individual investors. The company manages over $50 billion in client assets and offers features like tax-loss harvesting and portfolio rebalancing. Wealthfront was nearly acquired by UBS in 2022 before the deal fell through.
Figure
Figure AI is building general-purpose humanoid robots designed for commercial, warehouse, and manufacturing applications. The company has partnered with BMW and OpenAI and raised funding at a valuation of over $2.6 billion. Figure is part of the rapidly growing humanoid robotics space alongside Tesla Bot and Boston Dynamics.
Starlink
Starlink is SpaceX's satellite internet division, delivering high-speed broadband through a constellation of thousands of low-earth orbit satellites. It serves over 3 million subscribers across 70+ countries, especially in rural and underserved areas. A Starlink IPO has been discussed by Elon Musk as a possibility once revenue growth stabilizes.
Public
35SoFi
SoFi is an online personal finance company offering student loan refinancing, personal loans, mortgages, investing, banking, and credit cards in one app. The company went public via a SPAC merger in 2021 and trades on the Nasdaq. SoFi has grown into a full-service digital bank with a national bank charter.
Voyager Space
Voyager Space is a commercial space company developing Starlab, a private space station planned to succeed the International Space Station. The company has partnered with Airbus and won a NASA contract to build commercial orbital infrastructure. Voyager Space is a potential IPO candidate as government and commercial demand for space stations grows.
Rivian
Rivian is an electric vehicle manufacturer producing the R1T pickup truck, R1S SUV, and commercial delivery vans for Amazon. The company went public on the Nasdaq in November 2021 in one of the largest IPOs of that year. Rivian operates a manufacturing plant in Normal, Illinois and is building a second facility in Georgia.
DoorDash
DoorDash is the largest food delivery platform in the U.S., connecting restaurants, grocery stores, and convenience shops with delivery drivers and customers. The company went public on the NYSE in December 2020 and has expanded into new verticals and international markets. DoorDash holds roughly 65% market share in U.S. food delivery.
Webull
Webull is a commission-free stock and crypto trading platform known for its advanced charting tools and appeal to active retail traders. The company went public via a SPAC merger in 2025, listing on the Nasdaq. Webull competes with Robinhood and has a growing international user base.
Caris Life Sciences
Caris Life Sciences is a molecular diagnostics company that provides comprehensive tumor profiling to guide personalized cancer treatment. The company's tests analyze DNA, RNA, and proteins to match patients with targeted therapies. Caris has raised significant funding and has been exploring a public listing.
MIAX
MIAX (Miami International Holdings) operates multiple U.S. securities exchanges for options and equity trading. The company has grown to become one of the largest options exchange operators by volume. MIAX has been exploring a public offering as it competes with Cboe and Nasdaq in the exchange business.
Instacart
Instacart is a grocery delivery and pickup platform that connects consumers with shoppers who fulfill orders from local stores. The company went public on the Nasdaq in September 2023 and partners with over 1,500 retail banners. Instacart has also built a growing advertising business for consumer packaged goods brands.
ServiceTitan
ServiceTitan is a cloud software platform built for home services businesses like HVAC, plumbing, electrical, and garage door companies. The company went public on the Nasdaq in December 2024 and saw a strong first-day pop. ServiceTitan serves tens of thousands of contractors and is the dominant software player in the trades industry.
Palantir
Palantir builds data analytics and AI platforms used by government intelligence agencies, militaries, and large enterprises for decision-making. The company went public via a direct listing on the NYSE in September 2020 and has become a major defense and AI stock. Palantir is known for its work with the CIA, FBI, and U.S. Army.
Rubrik
Rubrik is a cloud data security and management platform that provides backup, recovery, and ransomware protection for enterprises. The company went public on the NYSE in April 2024 and competes with Cohesity and Commvault. Rubrik has positioned itself at the intersection of cybersecurity and data management.
eToro
eToro is a social trading platform where users can trade stocks, crypto, and commodities, and copy the trades of top-performing investors. The Israel-founded company has over 30 million registered users globally. eToro has filed for a U.S. IPO on the Nasdaq after a previously attempted SPAC deal fell through.
Omada Health
Omada Health delivers digital health programs for chronic conditions like diabetes, hypertension, and musculoskeletal pain through its app and coaching platform. The company contracts with employers and health plans to reduce healthcare costs. Omada has raised over $500 million and is positioned as a digital health IPO candidate.
Figure Technologies
Figure Technologies uses blockchain to offer home equity lines of credit, personal loans, and mortgage products with faster processing. The company also operates a digital asset marketplace and has worked on tokenizing real-world assets. Figure has raised over $500 million and is a potential fintech IPO candidate.
Robinhood
Robinhood is the commission-free trading app that popularized stock and crypto investing among younger retail investors. The company went public on the Nasdaq in July 2021 and played a central role in the 2021 meme stock phenomenon. Robinhood has since expanded into retirement accounts, credit cards, and crypto wallets.
Beta Technologies
Beta Technologies is building electric vertical takeoff and landing (eVTOL) aircraft for cargo and passenger transport. The company has secured major orders from UPS and United Therapeutics and completed cross-country flight tests. Beta is one of the most advanced eVTOL companies and a strong IPO candidate in the electric aviation sector.
AIRO Group
AIRO Group Holdings is an aviation company that acquires and operates air charter, aircraft management, and maintenance businesses. The company has been rolling up smaller aviation service providers under a single platform. AIRO Group went public on the Nasdaq in 2025.
Gemini
Gemini is a cryptocurrency exchange and custodian founded by Tyler and Cameron Winklevoss, known for its focus on regulatory compliance and security. The platform supports trading in dozens of digital assets and offers a crypto earn program. Gemini has discussed IPO plans as it competes with Coinbase in the regulated exchange market.
HeartFlow
HeartFlow develops AI-powered diagnostic software that creates 3D models of coronary arteries from CT scans to assess heart disease non-invasively. The technology is FDA-cleared and used by hospitals as an alternative to invasive catheterization procedures. HeartFlow has been pursuing a public listing after a previous SPAC deal was canceled.
SailPoint
SailPoint provides identity security software that manages who has access to what across enterprise systems and cloud applications. The company was taken private by Thoma Bravo in 2022 and returned to public markets on the Nasdaq. SailPoint is a key player in the growing identity governance market.
Pattern Group
Pattern is an e-commerce accelerator that helps consumer brands grow their sales on Amazon, Walmart, and other online marketplaces. The company acquires and operates brands while providing data-driven marketplace optimization. Pattern has been exploring a public listing as the e-commerce aggregator space matures.
Klaviyo
Klaviyo is an email and SMS marketing automation platform built specifically for e-commerce brands and online retailers. The company went public on the NYSE in September 2023 at a valuation of around $9 billion. Klaviyo powers marketing for over 100,000 businesses including major Shopify merchants.
Klarna
Klarna is a Swedish fintech company that lets consumers split purchases into interest-free installments at checkout. With over 150 million users and partnerships with 500,000+ merchants globally, it's one of Europe's most valuable private fintech companies. Klarna filed for a U.S. IPO on the NYSE in late 2024.
Firefly Aerospace
Firefly Aerospace develops small-to-medium launch vehicles for delivering satellites and payloads to orbit. The company has completed successful orbital launches and also works with NASA on lunar missions. Firefly is positioned as a competitor to Rocket Lab in the growing small satellite launch market.
Chime
Chime is a mobile-first neobank offering fee-free checking and savings accounts, early direct deposit, and credit building tools. With over 20 million account holders, it's one of the largest digital banks in the U.S. Chime has confidentially filed for an IPO and is valued at around $25 billion.
Toast
Toast is a cloud-based restaurant technology platform providing point-of-sale systems, payment processing, and management software to food service businesses. The company went public on the NYSE in September 2021 and serves hundreds of thousands of restaurant locations. Toast has become the dominant tech provider in the U.S. restaurant industry.
Hinge Health
Hinge Health is a digital health company that delivers physical therapy and musculoskeletal care through an app and wearable sensors. It works with employers and health plans to reduce surgery rates and manage chronic pain. Hinge Health has filed for an IPO and is valued at over $6 billion.
Once Upon a Farm
Once Upon a Farm is an organic baby food and children's nutrition brand co-founded by actress Jennifer Garner. The company sells cold-pressed fruit and veggie pouches, snacks, and meals available at major retailers nationwide. Once Upon a Farm has been exploring a public listing as it scales distribution.
Fermi America
Fermi America is a data center and power generation REIT developing an 11-gigawatt energy campus in Amarillo, Texas for AI infrastructure. Co-founded by former U.S. Energy Secretary Rick Perry, the company IPO'd on the Nasdaq in October 2025 at $21 per share. Fermi plans to power its data centers with natural gas and eventually nuclear reactors.
Figma
Figma is a browser-based collaborative design tool used by millions of designers for UI/UX, prototyping, and design systems. Adobe attempted to acquire Figma for $20 billion in 2022, but the deal was blocked by regulators. Figma remains private and is considered a top-tier IPO candidate in the design software space.
Netskope
Netskope is a cloud security company that protects enterprise data across SaaS, web, and cloud applications using a zero-trust architecture. It competes with Zscaler and Palo Alto Networks in the fast-growing SASE market. Netskope is valued at around $7.5 billion and has been signaling IPO readiness.
Navan
Navan (formerly TripActions) is a corporate travel and expense management platform used by companies to book business trips and manage spending. The company serves thousands of businesses and has raised over $1 billion in venture funding. Navan is considered a strong IPO candidate in the business software space.
StubHub
StubHub is a secondary ticket marketplace where fans buy and sell tickets for concerts, sports, and live events. Originally part of eBay, it was acquired by Viagogo in 2020 and has been exploring a public listing. The company processes billions of dollars in ticket sales annually.
Circle
Circle is the company behind USDC, the second-largest stablecoin with tens of billions in circulation. It provides crypto payment infrastructure and digital dollar services used by major exchanges and fintech apps. Circle has filed for an IPO multiple times and is widely expected to list on a U.S. exchange.
Cava
Cava is a fast-casual Mediterranean restaurant chain with 300+ locations across the United States. The company went public on the NYSE in June 2023 and saw its stock price surge on its first day of trading. Cava is often compared to Chipotle as a fast-growing restaurant brand.
Acquired
4Wiz
Wiz is a cloud security platform that scans multi-cloud environments for vulnerabilities, misconfigurations, and threats without deploying agents. The Israeli-founded company grew from $0 to over $500 million in ARR faster than any SaaS company in history. Wiz turned down a $23 billion acquisition offer from Google and is pursuing an IPO that could value it at $12 billion+.
Groq
Groq builds custom AI chips called LPUs (Language Processing Units) designed for extremely fast inference of large language models. The company's processors can serve AI responses significantly faster than GPU-based alternatives. Groq is valued at around $2.8 billion and is part of the growing AI chip ecosystem challenging Nvidia's dominance.
xAI
xAI is Elon Musk's artificial intelligence company, building Grok — a large language model and AI assistant available through the X (Twitter) platform. The company has raised billions in funding and is building one of the world's largest AI training clusters in Memphis, Tennessee. xAI is valued at over $50 billion and competes with OpenAI and Anthropic.
Brex
Brex offers corporate credit cards, expense management, and financial software designed for startups and growing tech companies. The company pivoted from serving small businesses to focus on mid-market and enterprise clients. Brex is valued at over $12 billion and competes with Ramp in the corporate spend management space.