10 most anticipated IPOs in 2023
2021 was a record year for the IPO market – 2,682 companies around the world went public and received $608 billion in investments. After that, a number of major companies announced their intentions to IPO in 2022.
But 2022 was a volatile year for financial markets, so many companies have postponed the date of the IPO. This article takes a look at the 10 most anticipated IPOs that are planned for 2023.
1. Stripe
Placement: IPO in the U.S.
Estimated value: $74 billion
Stripe is a fintech company founded in 2010 that processes and executes digital payments. It helps client companies do business in 120+ countries and simplifies internal financial processes.
Stripe has raised additional funding from venture capitalists in 2021 and 2022 and is preparing to participate in an IPO in 2023.
2. Instacart
Placement: IPO in the U.S.
Estimated value: $13-14 billion
Instacart is one of the largest grocery delivery companies in the U.S. and Canada. In 2021, its market value was estimated at $39 billion, but the company postponed its IPO indefinitely. Since then, the estimated value of Instacart has fallen to $14 billion, but the company remains a major player in the market and plans an IPO in the near future.
3. Databricks
Placement: IPO in the U.S.
Estimated value: $31 billion
Databricks is a company that develops software for businesses to manage large amounts of data. The company’s services are subscription-based, with revenue growing from $400 million in 2021 to $1 billion in 2022.
The company had planned to participate in an IPO beginning in 2022, but because of volatile financial markets, it was postponed until 2023.
4. Chime
Placement: IPO in the U.S.
Estimated value: $24 billion
Chime is a fintech company based in San Francisco that develops banking services and sells them through partner banks. The company had planned an IPO back in the first half of 2022, but instead continued to develop new financial services (investing and lending), postponing the IPO until 2023.
5. Discord
Placement: IPO in the U.S.
Estimated value: $15 billion
Discord is an instant messaging platform popular with video game users and developers. Microsoft was going to buy the company for $12 billion, but the purchase never happened.
The Discord platform has more than 150 million monthly active users, making subscriptions a major source of revenue for the company. Investors are interested in Discord, so the company is actively preparing for an IPO.
6. Arm Holdings
Placement: IPO in the U.S. or UK
Estimated value: $40-60 billion
Arm is one of the world’s leading companies in chip and controller manufacturing. In 2020 it was planned to be bought by Nvidia, but the deal did not take place. After that, Arm is developing on its own and preparing to participate in an IPO. In the fourth quarter of 2022, about 8 billion chips were purchased from the company worldwide.
Arm was originally scheduled to list on the London Stock Exchange, but in early March 2023, the company’s CEO said the best solution would be an IPO in the United States.
7. TripActions
Placement: IPO in the U.S.
Estimated value: $12 billion
TripActions is a startup that automates business travel processes. Their product optimizes costs, helps to create itineraries efficiently, and reimburses employees through artificial intelligence and unique algorithms.
The company raised $400 million in investment in late 2022 and has requested an IPO in 2023.
8. Reddit
Placement: IPO in the U.S.
Estimated value: $15 billion
Reddit is an American social network with extensive functionality. The total number of its users exceeds 1 billion. Due to the fact that social networks have a lot of competition and their income directly depends on advertising, Reddit was in no hurry to go public. But since September 2021, it has held a series of consultations for an IPO and has applied for participation. An exact IPO date has not yet been announced, but investors expect it in mid-2023.
9. Revolut
Placement: IPO in the U.K.
Estimated value: $33 billion
Revolut is a mobile bank that has its head office in London. The company is gradually expanding into the U.S. and European markets, but the main market so far is the United Kingdom. The advantages of Revolut is that it is multi-currency. The user can cash out 120 different currencies and exchange 28 of them using the mobile app. Revolut also supports the exchange of cryptocurrencies such as Bitcoin, Ethereum, Litecoin.
10. Canva
Placement: IPO in the U.S.
Estimated value: $26 billion
Canva is a developer of graphic design software. The company is expanding, adding new tools based on artificial intelligence and leading the market, which attracts the attention of investors.
In 2019 and 2020, the company raised about $8.5 billion in investments, and in 2021 Canva was valued at a record $40 billion. Now the company continues to grow, so investors expect an IPO in the near future.
Investing in an IPO
There you have it, the 10 most anticipated IPOs.
In 2023, many promising companies are planning to go public and attract additional investment. Experts in the S-IPO direction constantly analyze the market and companies with different capitalizations, so that investors of all levels can invest in IPOs.
S-IPO offers transparent terms of cooperation, low entry barrier and full funds management. Experts help to correctly assess risks and choose companies with high investment potential.