Upcoming Potential Unicorn IPOs Are Shaping Up Well for Their First Group

Demo Day Week: More Than Just Young Startups

It’s demo day week over at Y Combinator, but that doesn’t mean we have to focus only on the smallest and youngest startups out there. In fact, a recent news item from today reinforces our view that the list of companies we’re earmarking as strong possibles for an IPO when the window for public debuts opens is getting rather long.

A Growing List of Potential IPO Candidates

It’s even more extensive than we know, given the number of late-stage software startups that have likely reached public-company revenue scale and, provided that the economy holds up this year, are likely growing quickly enough to pursue an IPO if they are willing to settle for a smaller valuation.

But the list is long indeed: Several startups that have said they are eyeing a debut are making the right hires or simply have IPO filings in the wings. Let’s talk about who we have in mind.

New Entrants to Our List

We’ll start with some new entrants to our list of late-stage startups that are gearing up for a public offering:

Klaviyo

According to media reports, Klaviyo has filed confidentially for an IPO. The company, which provides email marketing and automation tools, is said to be valued at around $7 billion.

As one of the leading email marketing platforms, Klaviyo has seen significant growth in recent years, with its revenue increasing by over 50% year-over-year. With its strong product offering and growing customer base, it’s no wonder that investors are taking notice.

Doctolib

Another new entrant to our list is Doctolib, a French healthtech startup that provides online appointment booking services for medical professionals. The company has raised over $1 billion in funding from investors like Accel and Tiger Global.

Doctelib’s platform allows patients to book appointments with doctors online, reducing wait times and improving the overall patient experience. With its growing presence in Europe and a strong product offering, Doctelib is well-positioned for an IPO.

BlaBlaCar

BlaBlaCar, a French ride-sharing platform, has also been making headlines recently. The company has raised over $1 billion in funding from investors like Accel and General Catalyst.

BlaBlaCar’s platform allows users to book rides with other travelers, reducing transportation costs and carbon emissions. With its strong presence in Europe and a growing user base, BlaBlaCar is an attractive candidate for an IPO.

Rappion

Finally, Rappion, a French fintech startup that provides digital payment solutions, has also been added to our list. The company has raised over $200 million in funding from investors like Accel and Founders Fund.

Rappion’s platform allows users to make payments online and offline, reducing the need for cash transactions. With its strong product offering and growing presence in Europe, Rappion is well-positioned for an IPO.

Other Potential IPO Candidates

In addition to these new entrants, we also have other potential IPO candidates on our radar:

• eToro: The Israeli fintech startup has raised over $1 billion in funding from investors like Accel and Tiger Global.
• Acorns: The US-based fintech startup provides micro-investing services for individuals, allowing them to invest small amounts of money into a diversified portfolio.
• Stability AI: The US-based AI startup is working on developing more advanced language models and has already raised over $100 million in funding from investors like Founders Fund.

The IPO Market

As the IPO market continues to grow, it’s clear that there are many exciting startups waiting in the wings. With their strong product offerings, growing customer bases, and significant funding rounds, these companies are well-positioned for a successful public debut.

As we continue to monitor the IPO market, we’ll be keeping an eye on these potential candidates and others like them. The next few months will be an exciting time for startups and investors alike as the IPO dam breaks.