Pre-IPO Sector – News Update – Week of 9/23/2019

Last week, Automattic raised $300 million at a $3 billion valuation.

GitLab raised $268 million at a $2.75 billion valuation.

Palantir was raising between $1 billion to $3 billion in a new funding round at a valuation greater than $26 billion.

Postmates raised $225 million at a $2.4 billion valuation.

Stripe was raising roughly $250 million at a $35 billion pre-money valuation.

The news articles and links presented below are available for your reference.

AUTOMATTIC

“Automattic raises $300 million at $3 billion valuation from Salesforce Ventures”

GITLAB

"GitLab hauls in $268M Series E on 2.75B valuation"

PALANTIR

"Palantir to seek at least $26 billion valuation in fundraising push"

POSTMATES

"Food-delivery startup Postmates is expected to go public very soon, but that didn't stop it from raising $225 million in new funding"

STRIPE

"Payments giant Stripe is raising another $250M at a $35B pre-money valuation"