The year 2023 promises to be an exciting time for investors as several big names are set to go public through Initial Public Offerings (IPOs). These companies have attracted considerable attention and garnered a significant following, which is why many investors are keeping an eye on them. From SpaceX to Stripe, here is a comprehensive list of the IPOs to look out for in 2023.
14 IPOs to Look Out For in 2023
IPOs to Look Out For in 2023: The Most Anticipated Public Offerings
1. TikTok: A Social Media Giant
TikTok has taken the world by storm since its launch in 2016, with its 15-second videos becoming viral sensations across the globe. The video-sharing app has over 1 billion monthly active users and has been downloaded over 2 billion times globally. TikTok’s parent company, ByteDance, is said to be considering an IPO that could value the company at around $300 billion.
2. Chime: A Disruptor in the Banking Industry
Chime is an online bank that has gained immense popularity in recent years, boasting over 12 million customers. Chime’s focus on providing free banking services, including no overdraft fees, has made it a disruptive force in the traditional banking industry. In September 2022, the company raised $750 million in funding, bringing its valuation to $25 billion. Chime’s IPO is expected to be one of the most highly anticipated offerings in 2023.
3. Epic Games: A Gaming Powerhouse
Epic Games is the creator of the popular video game Fortnite, which has over 350 million registered players worldwide. The company has been valued at $28.7 billion and has raised over $1 billion in funding. Epic Games’ IPO is expected to attract a lot of attention from investors due to its strong presence in the gaming industry.
4. Fanatics: A Leading Online Retailer
Fanatics is a sports merchandise retailer that has been growing rapidly in recent years. The company has partnerships with major sports leagues such as the NFL, NBA, and MLB, and has a presence in over 180 countries. Fanatics’ IPO is expected to be one of the largest in 2023, with the company potentially valued at $18 billion.
5. SpaceX: Revolutionizing Space Travel
SpaceX is one of the most exciting companies to watch out for in 2023. The Elon Musk-led company has been at the forefront of the commercial space race, successfully launching rockets and spacecraft. SpaceX has already raised over $7 billion in funding, and its IPO could value the company at over $100 billion.
6. Flexport: A Logistics Disruptor
Flexport is a logistics company that provides end-to-end supply chain solutions to businesses. The company’s technology platform helps streamline logistics and improve efficiency, making it a popular choice for many companies. Flexport has raised over $1.3 billion in funding, and its IPO is expected to value the company at around $20 billion.
7. Mobileye: A Leader in Self-Driving Technology
Mobileye is a leader in the development of autonomous vehicle technology, with its software and hardware systems used by several automakers. The company’s IPO is expected to value it at around $25 billion, making it one of the most significant offerings in the tech industry in 2023.
8. Stripe: A Fintech Unicorn
Stripe is a fintech company that provides payment processing and other financial services to businesses. The company has raised over $2 billion in funding, and its valuation has been estimated at $95 billion. Stripe’s IPO is expected to be one of the largest in 2023. Read our full Stripe report here.
9. Databricks: A Big Data Powerhouse
Databricks is a big data and analytics company that provides cloud-based data management solutions. The company has raised over $1. billion in funding and has a valuation of over $38 billion. Databricks’ IPO is expected to be one of the most significant in the big data industry, with the company potentially valued at over $50 billion. Read more about Databricks.
10. Reddit: A Social News Aggregator
Reddit is a social news aggregator and discussion forum that has become one of the most popular websites on the internet. The platform has over 52 million daily active users and has been valued at $10 billion. Reddit’s IPO is expected to be one of the most highly anticipated offerings in 2023. Read more about Reddit Stock.
11. Discord: A Communication Platform for Gamers
Discord is a communication platform that has become popular among gamers and online communities. The platform has over 150 million monthly active users and has raised over $480 million in funding. Discord’s IPO is expected to value the company at around $15 billion.
12. Canva: A Graphic Design Powerhouse
Canva is a graphic design platform that has made it easy for anyone to create beautiful designs. The platform has over 60 million users and has raised over $600 million in funding. Canva’s IPO is expected to value the company at around $40 billion.
13. goPuff: A Convenience Store Delivery Service
goPuff is a convenience store delivery service that has seen rapid growth in recent years. The company delivers items such as snacks, drinks, and household essentials to customers’ doors. goPuff has raised over $1.5 billion in funding and has a valuation of over $15 billion. The company’s IPO is expected to be one of the largest in the delivery industry.
14. Instacart: A Grocery Delivery Giant
Instacart is a grocery delivery platform that has become a popular choice for people looking for a convenient way to shop for groceries. The company has partnerships with major grocery retailers such as Walmart, Costco, and Kroger. Instacart has raised over $2.4 billion in funding and has a valuation of over $39 billion. The company’s IPO is expected to be one of the most significant offerings in the grocery delivery industry.
2023 promises to be an exciting time for investors as several big names are set to go public through IPOs. From social media giants like TikTok to logistics disruptors like Flexport, these companies have attracted considerable attention and garnered a significant following. Investors should keep an eye on these IPOs and consider adding them to their portfolios to capitalize on these companies’ potential growth opportunities. Watch Nasdaq’s IPO Calendar.