Tech IPOs 2012-2023: Hits and Misses
In May 2012, Facebook was the third-largest IPO in US history.
In 2022, ten years later, it still holds one of the largest valuations at IPO. Today we’re releasing a list of the largest tech IPOs of the last decade.
We analyzed 143 tech IPOs and assessed their growth based on market capitalization and share price dynamics. Who brought their investors the highest returns? And who performed poorly against the expectations? Dive in for more insights.
Years
2012-2023
Total companies
142
Total market capitalization
+$708B
Average growth
237%
| Company / Industry | Valuation at IPO ($B) | Market Cap ($B) | Growth % (Market Cap vs Valuation at IPO) |
|---|---|---|---|
 Service now - $NOWSoftware | $2.2B | $99.6B | 4,429% |
 Shopify - $SHOPEcommerce | $1.3B | $41.7B | 3,106% |
 The Trade Desk - $TTDFintech | $1.1B | $20.9B | 1,801% |
 Palo Alto networks - $PANWCybersecurity | $2.8B | $51.9B | 1,753% |
 Intelsat - $ICommunication infra | $1.9B | $29.1*B* | 1,432% |
 Square - $SQFintech | $2.9B | $37.7B | 1,201% |
 CyrusOne - $CONESoftware | $1.18B | $15*B* | 1,171% |
 Arista Networks - $ANETSoftware | $2.4B | $30.3B | 1,163% |
 Atlassian - $TEAMSoftware | $4.4B | $52.7B | 1,097% |
 MongoDB - $MDBSaas | $1.9B | $21.5B | 1,031% |
 Okta - $OKTACloud computing | $1.5B | $16.4B | 990% |
 Splunk - $SPLKSoftware | $1.57B | $16.2B | 932% |
 Guidewire - $GWRESoftware | $0.6356B | $6.3B | 895% |
 Roku - $ROKUEntertainment | $1.3B | $12.7B | 878% |
 Vocera - $VCRACommunication infra | $0.347B | $3.0*B* | 765% |
 Workday - $WDAYSaas | $4.5B | $37.5B | 733% |
 Twilio - $TWLOCloud computing | $2B | $16.1B | 706% |
 Match Group - $MTCHSocial media | $2.9B | $21.7B | 647% |
 Livongo - $LVGOHealthtech | $2.5B | $18.5*B* | 640% |
 CrowdStrike Holdings - $CRWDCybersecurity | $6.6B | $44.1B | 569% |
 iRhythm technologies - $IRTCHealthtech | $0.539B | $3.3B | 510% |
 Etsy - $ETSYEcommerce | $1.8B | $10.9B | 507% |
 | $0.772B | $4.6B | 495% |
 Tableau - $DATASoftware product | $3B | $15.3*B* | 410% |
 Change Healthcare - $CHNGHealthtech | $1.5B | $7.4B | 395% |
 Ally financial - $ALLYFintech | $2.3B | $11.3B | 391% |
 Impinj - $PIIOT | $0.32B | $1.5B | 379% |
 Sendgrid - $SENDSaas | $0.652B | $3*B | 360% |
 Acacia Communications - $ACIACommunication infra | $1B | $4.5*B* | 350% |
 Facebook - $METASocial media | $104B | $466B | 348% |
 Talend - $TLNDCloud computing | $0.537B | $2.4*B* | 347% |
 InMode - $INMDHealthtech | $0.447B | $2B | 343% |
 Appian - $APPNSaas | $0.88B | $3.9B | 341% |
 Alteryx - $AYXSaas | $0.84B | $3.5B | 312% |
 Transunion - $TRUFintech | $4B | $15.9B | 298% |
 Zoom - $ZMSoftware product | $9.2B | $36B | 292% |
 Cloudflare - $NETCybersecurity | $4.4B | $17.2B | 291% |
 Everbridge - $EVBGSoftware | $0.331B | $1.2B | 250% |
 Bilibili - $BILIEntertainment | $3.2B | $10.7B | 235% |
 Pinduoduo - $PDDEcommerce | $24B | $78.7B | 228% |
 Elastic - $ESTCSaas | $2.5B | $7.5B | 202% |
 Docusign - $DOCUSaas | $4.498B | $13.5B | 200% |
 Coupa Software - $COUPFintech | $1.7B | $4.9B | 190% |
 Cloudera - $CLDRCloud computing | $1.9B | $5.3*B* | 179% |
 Dynatrace - $DTSaas | $4.4B | $12.2B | 177% |
 Tenable - $TENBCybersecurity | $2.094B | $5.7B | 174% |
 GRUBHUB - $GRUBFood delivery | $2.7B | $7.3*B* | 170% |
 Godaddy - $GDDYWeb hosting | $4.5B | $11.7B | 160% |
 Medallia - $MDLASaas | $2.5B | $6.4*B* | 156% |
 NEW RELIC - $NEWRSoftware | $1.4B | $3.5B | 150% |
 Pure Storage - $PSTGCloud computing | $3.1B | $7.5B | 143% |
 Phreesia - $PHRHealthtech | $0.603B | $1.4B | 134% |
 Yelp - $YELPReview | $0.898B | $2B | 126% |
 Mulesoft - $MULECloud computing | $2.9B | $6.5*B* | 124% |
 Apptio - $APTISaas | $0.872B | $1.94*B* | 122% |
 Box - $BOXSoftware product | $1.7B | $3.8B | 122% |
 Chegg - $CHGGLearning | $1.1B | $2.4B | 117% |
 Wayfair - $WEcommerce | $2.4B | $4.9B | 105% |
 Chewy - $CHWYEcommerce | $8.8B | $17.8B | 103% |
 Trivago - $TRVGTrade and services | $0.287B | $0.6B | 92% |
 Alibaba Group Holding Ltd - $BABAEcommerce | $169.4B | $319.1B | 88% |
 Yunji - $YJEcommerce | $0.121B | $0.2B | 85% |
 Fiverr - $FVRROnline marketplace | $0.8B | $1.5B | 83% |
 Zayo - $ZAYOCommunication infra | $4.5B | $8.2*B* | 82% |
 ZoomInfo - $ZISaas Tech | $8.2B | $14.9B | 82% |
 Quantenna communications - $QTNACommunication infra | $0.524B | $0.95*B* | 81% |
 Barracuda Networks - $CUDANetwork infra | $0.9B | $1.6*B* | 78% |
 Pluralsight - $PSLearning | $1.98B | $3.5*B* | 77% |
 McAfee - $MCFECybersecurity | $8.6B | $14*B* | 63% |
 | $14B | $22*B* | 57% |
 Snowflake - $SNOWCloud computing | $33.2B | $50.6B | 52% |
 Nutanix - $NTNXCloud computing | $2.2B | $3.3B | 52% |
 Inovalon Holdings Inc - $INOVHealthtech | $4.88B | $7.3*B* | 50% |
 PagerDuty - $PDTech | $1.8B | $2.4B | 36% |
 nCino - $NCNOFinTech | $2.8B | $3.8B | 35% |
 Airbnb - $ABNBTrade and services | $47B | $63B | 34% |
 Cambium Networks - $CMBMSoftware | $0.332B | $0.4B | 29% |
 Apigee - $APICSaas | $0.494B | $0.62*B* | 26% |
 Credo Semiconductor - $CRDOSemiconductors | $1.4B | $1.7B | 24% |
 Twitter - $TWTRSocial media | $24.6B | $29.6B | 20% |
 Slack - $WORKSoftware product | $23B | $27.7B | 20% |
 Fastly - $FSLYCloud computing | $1.5B | $1.7B | 13% |
 Jamf - $JAMFTech | $3B | $3.3B | 10% |
 Pinterest - $PINSSocial media | $12.7B | $12.8B | 6% |
 Unity - $UGaming | $13.7B | $13.2B | -4% |
 Palantir - $PLTRBig Data | $22B | $20.8B | -5% |
 Dropbox - $DBXSoftware product | $9.2B | $8.6B | -7% |
 Redfin - $RDFNReal estate | $1.2B | $1B | -13% |
 King - $KINGGaming | $7.1B | $5.9*B* | -17% |
 Health Catalyst - $HCATHealthtech | $1.3B | $0.9B | -28% |
 Pivotal Software - $PVTLCloud computing | $3.8B | $2.7*B* | -29% |
 Snap - $SNAPSocial media | $33B | $23.4B | -29% |
 Spotify - $SPOTEntertainment | $29.5B | $20.4B | -31% |
 Doordash - $DASHRide Hailing/Delivery | $39B | $26.7B | -32% |
 Lemonade - $LMNDFinTech | $2B | $1.4B | -32% |
 Commscope - $COMMNetwork infra | $2B | $1.3B | -34% |
 PagSeguro - $PAGSFintech | $5.639B | $3.6B | -37% |
 Duck Creek - $DCTFinTech | $3.5B | $2.1B | -39% |
 Heartcore Enterprises - $HTCRSoftware | $0.09B | $0.06B | -41% |
 Roblox - $RBLXOnline Gaming | $41B | $23.4B | -43% |
 ADT - $ADTCybersecurity | $10.485B | $6B | -43% |
 Affirm - $AFRMFintech | $11.9B | $6.8B | -43% |
 Uber - $UBERRide hailing | $82.4B | $44.7B | -46% |
 Qualtricks - $XMTech | $15B | $8.1B | -46% |
 Sabre coorporation - $SABRTrade and services | $4.1B | $2.2B | -47% |
 Cvent - $CVTSAAS | $5.3B | $2.8B | -48% |
 Farfetch - $FTCHEcommerce | $5.8B | $3B | -48% |
 GreenSky - $GSKYFintech | $4.35B | $2.24*B* | -49% |
 Fitbit - $FITHardware | $4.1B | $2.1*B* | -49% |
 Playtika - $PLTKGaming | $11B | $5.6B | -49% |
 Coupang - $CPNGEcommerce | $60B | $28.6B | -52% |
 Nubank - $NUFinTech | $41B | $19.2B | -53% |
 Opera - $OPRASoftware product | $1.2B | $0.6B | -54% |
 Stitch Fix - $SFIXEcommerce | $1.4B | $0.6B | -58% |
 Rivian - $RIVNAutomobile/Tech | $66.5B | $27.9B | -58% |
 Tencent Music - $TMEEntertainment | $21.3B | $8.6B | -59% |
 Huya - $HUYAEntertainment | $2.418B | $1B | -60% |
 SolarWinds - $SWICloud computing | $4.6B | $1.8B | -61% |
 Agora - $APITech | $2B | $0.8B | -62% |
 Marqeta - $MQFintech | $15B | $5B | -67% |
 UiPath - $PATHRobotics | $35B | $11.6B | -67% |
 Kingsoft Cloud - $KCCloud computing | $3.7B | $1.1B | -69% |
 Gopro - $GPROHardware | $3B | $0.9B | -71% |
 IQIYI - $IQEntertainment | $13.5B | $3.7B | -72% |
 Grab - $GRABRide Hailing/Delivery | $40B | $10.1B | -75% |
 Robinhood - $HOODFintech | $32B | $7.5B | -76% |
 Coinbase - $COINCrypto/Fintech | $65B | $15B | -77% |
 | $9.6B | $2.1B | -78% |
 Lyft - $LYFTRide hailing | $24B | $4.8B | -80% |
 Gridsum - $GSUMSoftware | $0.453B | $0.1B | -82% |
 The RealReal - $REALEcommerce | $1.7B | $0.3B | -83% |
 | $36B | $4.3B | -88% |
 DouYu - $DOYUEntertainment | $4B | $0.4B | -90% |
 Everspin Technologies - $MRAMHardware | $0.999B | $0.1B | -90% |
 9F - $JFUFintech | $2.1B | $0.2B | -91% |
 Uxin - $UXINEcommerce | $3.5B | $0.3B | -91% |
 Vroom - $VRMTrade and services | $2.5B | $0.2B | -91% |
 Wish - $WISHEcommerce | $14.1B | $1.1B | -92% |
 ONDECK - $ONDKFintech | $1.3B | $0.09*B* | -93% |
 Root Insurance - $ROOTFintech | $6.7B | $0.3B | -96% |
 | $0.917B | $0.04B | -96% |
 NantHealth - $NHHealthtech | $1.7B | $0B | -97% |
Valuation at IPO ($B)
$2.2B
Market Cap ($B)
$99.6B
Growth % (Market Cap vs Valuation at IPO)
4,429%
Valuation at IPO ($B)
$1.3B
Market Cap ($B)
$41.7B
Growth % (Market Cap vs Valuation at IPO)
3,106%
Valuation at IPO ($B)
$1.1B
Market Cap ($B)
$20.9B
Growth % (Market Cap vs Valuation at IPO)
1,801%
Valuation at IPO ($B)
$2.8B
Market Cap ($B)
$51.9B
Growth % (Market Cap vs Valuation at IPO)
1,753%
Valuation at IPO ($B)
$1.9B
Market Cap ($B)
$29.1*B*
Growth % (Market Cap vs Valuation at IPO)
1,432%
Valuation at IPO ($B)
$2.9B
Market Cap ($B)
$37.7B
Growth % (Market Cap vs Valuation at IPO)
1,201%
Valuation at IPO ($B)
$1.18B
Market Cap ($B)
$15*B*
Growth % (Market Cap vs Valuation at IPO)
1,171%
Valuation at IPO ($B)
$2.4B
Market Cap ($B)
$30.3B
Growth % (Market Cap vs Valuation at IPO)
1,163%
Valuation at IPO ($B)
$4.4B
Market Cap ($B)
$52.7B
Growth % (Market Cap vs Valuation at IPO)
1,097%
Valuation at IPO ($B)
$1.9B
Market Cap ($B)
$21.5B
Growth % (Market Cap vs Valuation at IPO)
1,031%
Valuation at IPO ($B)
$1.5B
Market Cap ($B)
$16.4B
Growth % (Market Cap vs Valuation at IPO)
990%
Valuation at IPO ($B)
$1.57B
Market Cap ($B)
$16.2B
Growth % (Market Cap vs Valuation at IPO)
932%
Valuation at IPO ($B)
$0.6356B
Market Cap ($B)
$6.3B
Growth % (Market Cap vs Valuation at IPO)
895%
Valuation at IPO ($B)
$1.3B
Market Cap ($B)
$12.7B
Growth % (Market Cap vs Valuation at IPO)
878%
Valuation at IPO ($B)
$0.347B
Market Cap ($B)
$3.0*B*
Growth % (Market Cap vs Valuation at IPO)
765%
Valuation at IPO ($B)
$4.5B
Market Cap ($B)
$37.5B
Growth % (Market Cap vs Valuation at IPO)
733%
Valuation at IPO ($B)
$2B
Market Cap ($B)
$16.1B
Growth % (Market Cap vs Valuation at IPO)
706%
Valuation at IPO ($B)
$2.9B
Market Cap ($B)
$21.7B
Growth % (Market Cap vs Valuation at IPO)
647%
Valuation at IPO ($B)
$2.5B
Market Cap ($B)
$18.5*B*
Growth % (Market Cap vs Valuation at IPO)
640%
Valuation at IPO ($B)
$6.6B
Market Cap ($B)
$44.1B
Growth % (Market Cap vs Valuation at IPO)
569%
Valuation at IPO ($B)
$0.539B
Market Cap ($B)
$3.3B
Growth % (Market Cap vs Valuation at IPO)
510%
Valuation at IPO ($B)
$1.8B
Market Cap ($B)
$10.9B
Growth % (Market Cap vs Valuation at IPO)
507%
Valuation at IPO ($B)
$0.772B
Market Cap ($B)
$4.6B
Growth % (Market Cap vs Valuation at IPO)
495%
Valuation at IPO ($B)
$3B
Market Cap ($B)
$15.3*B*
Growth % (Market Cap vs Valuation at IPO)
410%
Valuation at IPO ($B)
$1.5B
Market Cap ($B)
$7.4B
Growth % (Market Cap vs Valuation at IPO)
395%
Valuation at IPO ($B)
$2.3B
Market Cap ($B)
$11.3B
Growth % (Market Cap vs Valuation at IPO)
391%
Valuation at IPO ($B)
$0.32B
Market Cap ($B)
$1.5B
Growth % (Market Cap vs Valuation at IPO)
379%
Valuation at IPO ($B)
$0.652B
Market Cap ($B)
$3*B
Growth % (Market Cap vs Valuation at IPO)
360%
Valuation at IPO ($B)
$1B
Market Cap ($B)
$4.5*B*
Growth % (Market Cap vs Valuation at IPO)
350%
Valuation at IPO ($B)
$104B
Market Cap ($B)
$466B
Growth % (Market Cap vs Valuation at IPO)
348%
Valuation at IPO ($B)
$0.537B
Market Cap ($B)
$2.4*B*
Growth % (Market Cap vs Valuation at IPO)
347%
Valuation at IPO ($B)
$0.447B
Market Cap ($B)
$2B
Growth % (Market Cap vs Valuation at IPO)
343%
Valuation at IPO ($B)
$0.88B
Market Cap ($B)
$3.9B
Growth % (Market Cap vs Valuation at IPO)
341%
Valuation at IPO ($B)
$0.84B
Market Cap ($B)
$3.5B
Growth % (Market Cap vs Valuation at IPO)
312%
Valuation at IPO ($B)
$4B
Market Cap ($B)
$15.9B
Growth % (Market Cap vs Valuation at IPO)
298%
Valuation at IPO ($B)
$9.2B
Market Cap ($B)
$36B
Growth % (Market Cap vs Valuation at IPO)
292%
Valuation at IPO ($B)
$4.4B
Market Cap ($B)
$17.2B
Growth % (Market Cap vs Valuation at IPO)
291%
Valuation at IPO ($B)
$0.331B
Market Cap ($B)
$1.2B
Growth % (Market Cap vs Valuation at IPO)
250%
Valuation at IPO ($B)
$3.2B
Market Cap ($B)
$10.7B
Growth % (Market Cap vs Valuation at IPO)
235%
Valuation at IPO ($B)
$24B
Market Cap ($B)
$78.7B
Growth % (Market Cap vs Valuation at IPO)
228%
Valuation at IPO ($B)
$2.5B
Market Cap ($B)
$7.5B
Growth % (Market Cap vs Valuation at IPO)
202%
Valuation at IPO ($B)
$4.498B
Market Cap ($B)
$13.5B
Growth % (Market Cap vs Valuation at IPO)
200%
Valuation at IPO ($B)
$1.7B
Market Cap ($B)
$4.9B
Growth % (Market Cap vs Valuation at IPO)
190%
Valuation at IPO ($B)
$1.9B
Market Cap ($B)
$5.3*B*
Growth % (Market Cap vs Valuation at IPO)
179%
Valuation at IPO ($B)
$4.4B
Market Cap ($B)
$12.2B
Growth % (Market Cap vs Valuation at IPO)
177%
Valuation at IPO ($B)
$2.094B
Market Cap ($B)
$5.7B
Growth % (Market Cap vs Valuation at IPO)
174%
Valuation at IPO ($B)
$2.7B
Market Cap ($B)
$7.3*B*
Growth % (Market Cap vs Valuation at IPO)
170%
Valuation at IPO ($B)
$4.5B
Market Cap ($B)
$11.7B
Growth % (Market Cap vs Valuation at IPO)
160%
Valuation at IPO ($B)
$2.5B
Market Cap ($B)
$6.4*B*
Growth % (Market Cap vs Valuation at IPO)
156%
Valuation at IPO ($B)
$1.4B
Market Cap ($B)
$3.5B
Growth % (Market Cap vs Valuation at IPO)
150%
Valuation at IPO ($B)
$3.1B
Market Cap ($B)
$7.5B
Growth % (Market Cap vs Valuation at IPO)
143%
Valuation at IPO ($B)
$0.603B
Market Cap ($B)
$1.4B
Growth % (Market Cap vs Valuation at IPO)
134%
Valuation at IPO ($B)
$0.898B
Market Cap ($B)
$2B
Growth % (Market Cap vs Valuation at IPO)
126%
Valuation at IPO ($B)
$2.9B
Market Cap ($B)
$6.5*B*
Growth % (Market Cap vs Valuation at IPO)
124%
Valuation at IPO ($B)
$0.872B
Market Cap ($B)
$1.94*B*
Growth % (Market Cap vs Valuation at IPO)
122%
Valuation at IPO ($B)
$1.7B
Market Cap ($B)
$3.8B
Growth % (Market Cap vs Valuation at IPO)
122%
Valuation at IPO ($B)
$1.1B
Market Cap ($B)
$2.4B
Growth % (Market Cap vs Valuation at IPO)
117%
Valuation at IPO ($B)
$2.4B
Market Cap ($B)
$4.9B
Growth % (Market Cap vs Valuation at IPO)
105%
Valuation at IPO ($B)
$8.8B
Market Cap ($B)
$17.8B
Growth % (Market Cap vs Valuation at IPO)
103%
Valuation at IPO ($B)
$0.287B
Market Cap ($B)
$0.6B
Growth % (Market Cap vs Valuation at IPO)
92%
Valuation at IPO ($B)
$169.4B
Market Cap ($B)
$319.1B
Growth % (Market Cap vs Valuation at IPO)
88%
Valuation at IPO ($B)
$0.121B
Market Cap ($B)
$0.2B
Growth % (Market Cap vs Valuation at IPO)
85%
Valuation at IPO ($B)
$0.8B
Market Cap ($B)
$1.5B
Growth % (Market Cap vs Valuation at IPO)
83%
Valuation at IPO ($B)
$4.5B
Market Cap ($B)
$8.2*B*
Growth % (Market Cap vs Valuation at IPO)
82%
Valuation at IPO ($B)
$8.2B
Market Cap ($B)
$14.9B
Growth % (Market Cap vs Valuation at IPO)
82%
Valuation at IPO ($B)
$0.524B
Market Cap ($B)
$0.95*B*
Growth % (Market Cap vs Valuation at IPO)
81%
Valuation at IPO ($B)
$0.9B
Market Cap ($B)
$1.6*B*
Growth % (Market Cap vs Valuation at IPO)
78%
Valuation at IPO ($B)
$1.98B
Market Cap ($B)
$3.5*B*
Growth % (Market Cap vs Valuation at IPO)
77%
Valuation at IPO ($B)
$8.6B
Market Cap ($B)
$14*B*
Growth % (Market Cap vs Valuation at IPO)
63%
Valuation at IPO ($B)
$14B
Market Cap ($B)
$22*B*
Growth % (Market Cap vs Valuation at IPO)
57%
Valuation at IPO ($B)
$33.2B
Market Cap ($B)
$50.6B
Growth % (Market Cap vs Valuation at IPO)
52%
Valuation at IPO ($B)
$2.2B
Market Cap ($B)
$3.3B
Growth % (Market Cap vs Valuation at IPO)
52%
Valuation at IPO ($B)
$4.88B
Market Cap ($B)
$7.3*B*
Growth % (Market Cap vs Valuation at IPO)
50%
Valuation at IPO ($B)
$1.8B
Market Cap ($B)
$2.4B
Growth % (Market Cap vs Valuation at IPO)
36%
Valuation at IPO ($B)
$2.8B
Market Cap ($B)
$3.8B
Growth % (Market Cap vs Valuation at IPO)
35%
Valuation at IPO ($B)
$47B
Market Cap ($B)
$63B
Growth % (Market Cap vs Valuation at IPO)
34%
Valuation at IPO ($B)
$0.332B
Market Cap ($B)
$0.4B
Growth % (Market Cap vs Valuation at IPO)
29%
Valuation at IPO ($B)
$0.494B
Market Cap ($B)
$0.62*B*
Growth % (Market Cap vs Valuation at IPO)
26%
Valuation at IPO ($B)
$1.4B
Market Cap ($B)
$1.7B
Growth % (Market Cap vs Valuation at IPO)
24%
Valuation at IPO ($B)
$24.6B
Market Cap ($B)
$29.6B
Growth % (Market Cap vs Valuation at IPO)
20%
Valuation at IPO ($B)
$23B
Market Cap ($B)
$27.7B
Growth % (Market Cap vs Valuation at IPO)
20%
Valuation at IPO ($B)
$1.5B
Market Cap ($B)
$1.7B
Growth % (Market Cap vs Valuation at IPO)
13%
Valuation at IPO ($B)
$3B
Market Cap ($B)
$3.3B
Growth % (Market Cap vs Valuation at IPO)
10%
Valuation at IPO ($B)
$12.7B
Market Cap ($B)
$12.8B
Growth % (Market Cap vs Valuation at IPO)
6%
Valuation at IPO ($B)
$13.7B
Market Cap ($B)
$13.2B
Growth % (Market Cap vs Valuation at IPO)
-4%
Valuation at IPO ($B)
$22B
Market Cap ($B)
$20.8B
Growth % (Market Cap vs Valuation at IPO)
-5%
Valuation at IPO ($B)
$9.2B
Market Cap ($B)
$8.6B
Growth % (Market Cap vs Valuation at IPO)
-7%
Valuation at IPO ($B)
$1.2B
Market Cap ($B)
$1B
Growth % (Market Cap vs Valuation at IPO)
-13%
Valuation at IPO ($B)
$7.1B
Market Cap ($B)
$5.9*B*
Growth % (Market Cap vs Valuation at IPO)
-17%
Valuation at IPO ($B)
$1.3B
Market Cap ($B)
$0.9B
Growth % (Market Cap vs Valuation at IPO)
-28%
Valuation at IPO ($B)
$3.8B
Market Cap ($B)
$2.7*B*
Growth % (Market Cap vs Valuation at IPO)
-29%
Valuation at IPO ($B)
$33B
Market Cap ($B)
$23.4B
Growth % (Market Cap vs Valuation at IPO)
-29%
Valuation at IPO ($B)
$29.5B
Market Cap ($B)
$20.4B
Growth % (Market Cap vs Valuation at IPO)
-31%
Valuation at IPO ($B)
$39B
Market Cap ($B)
$26.7B
Growth % (Market Cap vs Valuation at IPO)
-32%
Valuation at IPO ($B)
$2B
Market Cap ($B)
$1.4B
Growth % (Market Cap vs Valuation at IPO)
-32%
Valuation at IPO ($B)
$2B
Market Cap ($B)
$1.3B
Growth % (Market Cap vs Valuation at IPO)
-34%
Valuation at IPO ($B)
$5.639B
Market Cap ($B)
$3.6B
Growth % (Market Cap vs Valuation at IPO)
-37%
Valuation at IPO ($B)
$3.5B
Market Cap ($B)
$2.1B
Growth % (Market Cap vs Valuation at IPO)
-39%
Valuation at IPO ($B)
$0.09B
Market Cap ($B)
$0.06B
Growth % (Market Cap vs Valuation at IPO)
-41%
Valuation at IPO ($B)
$41B
Market Cap ($B)
$23.4B
Growth % (Market Cap vs Valuation at IPO)
-43%
Valuation at IPO ($B)
$10.485B
Market Cap ($B)
$6B
Growth % (Market Cap vs Valuation at IPO)
-43%
Valuation at IPO ($B)
$11.9B
Market Cap ($B)
$6.8B
Growth % (Market Cap vs Valuation at IPO)
-43%
Valuation at IPO ($B)
$82.4B
Market Cap ($B)
$44.7B
Growth % (Market Cap vs Valuation at IPO)
-46%
Valuation at IPO ($B)
$15B
Market Cap ($B)
$8.1B
Growth % (Market Cap vs Valuation at IPO)
-46%
Valuation at IPO ($B)
$4.1B
Market Cap ($B)
$2.2B
Growth % (Market Cap vs Valuation at IPO)
-47%
Valuation at IPO ($B)
$5.3B
Market Cap ($B)
$2.8B
Growth % (Market Cap vs Valuation at IPO)
-48%
Valuation at IPO ($B)
$5.8B
Market Cap ($B)
$3B
Growth % (Market Cap vs Valuation at IPO)
-48%
Valuation at IPO ($B)
$4.35B
Market Cap ($B)
$2.24*B*
Growth % (Market Cap vs Valuation at IPO)
-49%
Valuation at IPO ($B)
$4.1B
Market Cap ($B)
$2.1*B*
Growth % (Market Cap vs Valuation at IPO)
-49%
Valuation at IPO ($B)
$11B
Market Cap ($B)
$5.6B
Growth % (Market Cap vs Valuation at IPO)
-49%
Valuation at IPO ($B)
$60B
Market Cap ($B)
$28.6B
Growth % (Market Cap vs Valuation at IPO)
-52%
Valuation at IPO ($B)
$41B
Market Cap ($B)
$19.2B
Growth % (Market Cap vs Valuation at IPO)
-53%
Valuation at IPO ($B)
$1.2B
Market Cap ($B)
$0.6B
Growth % (Market Cap vs Valuation at IPO)
-54%
Valuation at IPO ($B)
$1.4B
Market Cap ($B)
$0.6B
Growth % (Market Cap vs Valuation at IPO)
-58%
Valuation at IPO ($B)
$66.5B
Market Cap ($B)
$27.9B
Growth % (Market Cap vs Valuation at IPO)
-58%
Valuation at IPO ($B)
$21.3B
Market Cap ($B)
$8.6B
Growth % (Market Cap vs Valuation at IPO)
-59%
Valuation at IPO ($B)
$2.418B
Market Cap ($B)
$1B
Growth % (Market Cap vs Valuation at IPO)
-60%
Valuation at IPO ($B)
$4.6B
Market Cap ($B)
$1.8B
Growth % (Market Cap vs Valuation at IPO)
-61%
Valuation at IPO ($B)
$2B
Market Cap ($B)
$0.8B
Growth % (Market Cap vs Valuation at IPO)
-62%
Valuation at IPO ($B)
$15B
Market Cap ($B)
$5B
Growth % (Market Cap vs Valuation at IPO)
-67%
Valuation at IPO ($B)
$35B
Market Cap ($B)
$11.6B
Growth % (Market Cap vs Valuation at IPO)
-67%
Valuation at IPO ($B)
$3.7B
Market Cap ($B)
$1.1B
Growth % (Market Cap vs Valuation at IPO)
-69%
Valuation at IPO ($B)
$3B
Market Cap ($B)
$0.9B
Growth % (Market Cap vs Valuation at IPO)
-71%
Valuation at IPO ($B)
$13.5B
Market Cap ($B)
$3.7B
Growth % (Market Cap vs Valuation at IPO)
-72%
Valuation at IPO ($B)
$40B
Market Cap ($B)
$10.1B
Growth % (Market Cap vs Valuation at IPO)
-75%
Valuation at IPO ($B)
$32B
Market Cap ($B)
$7.5B
Growth % (Market Cap vs Valuation at IPO)
-76%
Valuation at IPO ($B)
$65B
Market Cap ($B)
$15B
Growth % (Market Cap vs Valuation at IPO)
-77%
Valuation at IPO ($B)
$9.6B
Market Cap ($B)
$2.1B
Growth % (Market Cap vs Valuation at IPO)
-78%
Valuation at IPO ($B)
$24B
Market Cap ($B)
$4.8B
Growth % (Market Cap vs Valuation at IPO)
-80%
Valuation at IPO ($B)
$0.453B
Market Cap ($B)
$0.1B
Growth % (Market Cap vs Valuation at IPO)
-82%
Valuation at IPO ($B)
$1.7B
Market Cap ($B)
$0.3B
Growth % (Market Cap vs Valuation at IPO)
-83%
Valuation at IPO ($B)
$36B
Market Cap ($B)
$4.3B
Growth % (Market Cap vs Valuation at IPO)
-88%
Valuation at IPO ($B)
$4B
Market Cap ($B)
$0.4B
Growth % (Market Cap vs Valuation at IPO)
-90%
Valuation at IPO ($B)
$0.999B
Market Cap ($B)
$0.1B
Growth % (Market Cap vs Valuation at IPO)
-90%
Valuation at IPO ($B)
$2.1B
Market Cap ($B)
$0.2B
Growth % (Market Cap vs Valuation at IPO)
-91%
Valuation at IPO ($B)
$3.5B
Market Cap ($B)
$0.3B
Growth % (Market Cap vs Valuation at IPO)
-91%
Valuation at IPO ($B)
$2.5B
Market Cap ($B)
$0.2B
Growth % (Market Cap vs Valuation at IPO)
-91%
Valuation at IPO ($B)
$14.1B
Market Cap ($B)
$1.1B
Growth % (Market Cap vs Valuation at IPO)
-92%
Valuation at IPO ($B)
$1.3B
Market Cap ($B)
$0.09*B*
Growth % (Market Cap vs Valuation at IPO)
-93%
Valuation at IPO ($B)
$6.7B
Market Cap ($B)
$0.3B
Growth % (Market Cap vs Valuation at IPO)
-96%
Valuation at IPO ($B)
$0.917B
Market Cap ($B)
$0.04B
Growth % (Market Cap vs Valuation at IPO)
-96%
Valuation at IPO ($B)
$1.7B
Market Cap ($B)
$0B
Growth % (Market Cap vs Valuation at IPO)
-97%
* Price of company exit via acquisition/merger
Disclaimer
- Market data used in the analysis was collected from public sources incl. Nasdaq, Alpha Vantage, official press releases and tech media.
- The analysis of the share price and market capitalization was conducted on May 15th, 2023.
- This list is not exhaustive. It comprises the largest ~15 Tech IPOs by valuation of each year.