IPO Tracker

Track 2,050 companies and their IPO status.

Pershing Square Holdings

Pershing Square Holdings is the publicly-traded vehicle for Bill Ackman's hedge fund operations, though this likely refers to potential IPO plans for Pershing Square Capital Management itself. Ackman is known for activist investing and has been exploring various public market structures for his investment management business.

Public

Hemab Therapeutics Holdings, Inc.

Hemab Therapeutics is a clinical-stage biopharmaceutical company focused on developing innovative therapies for hemophilia and other bleeding disorders. The company's pipeline addresses significant unmet medical needs in rare hematologic conditions, which has attracted investor interest in the specialized biopharma sector.

Public
Cohere Technologies logo

Cohere Technologies

Cohere Technologies is a wireless technology company that develops advanced signal processing solutions for mobile networks. The company's technology aims to improve wireless network performance and capacity through innovative approaches to signal transmission and interference management.

Acquired
Beast Industries logo

Beast Industries

Beast Industries operates in the content creation and digital media space, though specific details about their core business operations are not widely confirmed. The company appears to be involved in digital content and media production. Limited public information is available about Beast Industries' specific market focus and business model.

No IPO Announced
Arena logo

Arena

Arena is a biotech company focused on developing immuno-oncology therapies for cancer treatment. The company works on novel approaches to activate the immune system against tumors and has built a pipeline of potential cancer treatments, making it a candidate for biotech investor interest.

Public
Anysphere logo

Anysphere

Anysphere develops Cursor, an AI-powered code editor that integrates advanced language models to assist developers with coding tasks. The company focuses on enhancing developer productivity through AI-assisted programming tools and intelligent code completion.

Acquired

The Elmet Group Co.

The Elmet Group Co. is a private company with limited publicly available information about its business operations. Without access to detailed company information, specific details about its industry focus and IPO attractiveness cannot be definitively determined.

Public

Lakewood-Amedex Biotherapeutics

Lakewood-Amedex Biotherapeutics is a biotechnology company focused on developing therapeutic treatments. The company is pursuing a direct listing rather than a traditional IPO, which would allow existing shareholders to sell shares without raising new capital. Investors are watching for details on its product pipeline and commercialization strategy.

Public
Discord logo

Discord

Discord is a communication platform built around voice, video, and text chat, used by over 200 million monthly active users. Originally popular with gamers, it now hosts communities for everything from study groups to professional teams. Discord has been valued at around $15 billion and has turned down acquisition offers from Microsoft.

Public
VAST Data logo

VAST Data

VAST Data builds high-performance data storage infrastructure optimized for AI, deep learning, and analytics workloads. The company's platform eliminates the tradeoff between fast and cheap storage with a disaggregated architecture. VAST Data is valued at around $9.1 billion and is growing rapidly as AI drives demand for better storage.

IPO Expected

Liberty Defense Holdings, Ltd.

Liberty Defense develops AI-based detection technology for concealed weapons screening in high-traffic public venues. The company's HEXWAVE system uses 3D imaging and machine learning to detect threats without requiring people to remove personal items, targeting airports, stadiums, schools, and other security-conscious facilities.

Public
Bullish logo

Bullish

Bullish is a cryptocurrency exchange backed by Block.one that focuses on institutional and professional traders with advanced trading features and deep liquidity. The exchange aims to bridge traditional finance and digital assets with institutional-grade infrastructure and compliance.

Public

Yesway

Yesway is a convenience store chain operator focused on acquiring and rebranding convenience stores in rural and small-town markets across the United States. The company has been rapidly expanding through acquisitions and store improvements, targeting underserved markets with modern retail concepts.

Public
SAS logo

SAS

SAS Institute is a privately held analytics and business intelligence software company that has been operating for nearly 50 years. The company serves over 80,000 organizations worldwide with statistical analysis, AI, and data management tools. SAS has been exploring strategic options including a potential IPO or sale, reportedly valued at around $7-8 billion.

No IPO Announced
Cursor logo

Cursor

Cursor is an AI-powered code editor that integrates advanced language models to assist developers with coding tasks. The company is part of the emerging wave of AI-enhanced development tools, though it remains a relatively early-stage company compared to typical IPO candidates.

Acquired

National Healthcare Properties

National Healthcare Properties is a real estate investment trust (REIT) focused on acquiring and developing healthcare-related properties including medical office buildings, outpatient facilities, and senior housing. The company benefits from the aging demographics and growing healthcare infrastructure needs.

Public
Ayar Labs logo

Ayar Labs

Ayar Labs develops optical input/output technology for data centers and high-performance computing applications. The company's solutions aim to replace traditional electrical connections with optical ones to improve data transfer speeds and reduce power consumption. Investors are interested in its potential to address growing data center infrastructure demands.

IPO Rumored
Armis logo

Armis

Armis operates an IoT security platform that provides visibility and protection for connected devices across enterprise networks. The company addresses the growing cybersecurity challenge of securing Internet of Things devices and has attracted significant investment as enterprises prioritize IoT security.

IPO Expected
Ant Group logo

Ant Group

Ant Group is a Chinese fintech giant that operates Alipay, one of the world's largest mobile payment platforms, along with various financial services including lending, insurance, and wealth management. The company was spun off from Alibaba and represents one of the most valuable fintech companies globally, making any potential IPO highly significant for financial markets.

IPO Expected

Jatt II Acquisition Corp.

Jatt II Acquisition Corp. is a special purpose acquisition company (SPAC) structured as a stock-only vehicle, meaning it raises capital through equity rather than traditional cash units. The company seeks to identify and merge with a private operating business, providing investors exposure to a yet-to-be-announced target company. As a SPAC, investor interest centers on management's track record and the quality of the eventual merger target.

Public
Ramp logo

Ramp

Ramp is a corporate card and expense management platform that helps businesses control spending, automate accounting, and reduce costs. The company is one of the fastest-growing fintech startups in the U.S. and has raised at a $7.65 billion valuation. Ramp competes with Brex and is a top-tier fintech IPO candidate.

IPO Filed

Kailera Therapeutics

Kailera Therapeutics is a biotechnology company focused on developing innovative cancer therapies using novel drug delivery and targeting approaches. The company's pipeline addresses unmet needs in oncology through its proprietary platform technologies.

Public

Alamar Biosciences

Alamar Biosciences develops ultrasensitive protein detection technologies for biomarker discovery and clinical diagnostics. The company's NULISA platform enables researchers to detect and quantify thousands of proteins simultaneously, positioning it as a key player in the growing precision medicine market.

Public

Newhold Investment Corp. IV

Newhold Investment Corp. IV is a special purpose acquisition company (SPAC) formed to identify and merge with a target business in the consumer, dining, hospitality, entertainment, or gaming sectors. As a blank-check company, investor interest centers on which private company it will select for its business combination, providing that target with a path to public markets.

Public

Arxis, Inc.

Arxis, Inc. appears to be a private company with IPO expectations, though specific details about its business operations and industry focus are not publicly available. Limited information exists about the company's products, services, or market position.

Public

QuasarEdge Acquisition Corp.

QuasarEdge Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and merge with a private company to take it public. The company's IPO potential depends on its ability to find an attractive merger target and complete a successful business combination.

Public

Madison Air Solutions

Madison Air Solutions operates in the aviation and aerospace sector, though specific details about their business model and services are not widely publicized. The company has indicated expectations for a potential public offering, suggesting growth ambitions and capital needs typical of expanding aviation companies.

Public

Maywood Acquisition Corp. 2

Maywood Acquisition Corp. 2 is a special purpose acquisition company (SPAC) formed to identify and merge with a private company to take it public. SPACs have become a popular alternative to traditional IPOs, offering investors a way to invest in pre-identified acquisition targets.

Public
Medline logo

Medline

Medline is one of the largest private medical supply companies in the U.S., manufacturing and distributing products to hospitals, surgery centers, and clinics nationwide. The company generates over $20 billion in annual revenue. Medline has been exploring an IPO that could value it at $50 billion or more.

Public

Aevex Corp.

Aevex Corp. is a defense and aerospace company specializing in intelligence, surveillance, and reconnaissance (ISR) solutions for government and military clients. The company provides advanced technology services and platforms for national security applications, making it attractive to investors interested in the growing defense technology sector.

Public

Encore Medical Inc.

Encore Medical Inc. is a medical device and healthcare company that develops products and solutions for the healthcare industry. The company operates in the growing medical technology sector, which has attracted significant investor interest due to aging demographics and healthcare innovation trends.

Public
Crescendo logo

Crescendo

Crescendo is a technology company focused on developing innovative solutions in the digital space. The company has attracted investor attention for its potential in the growing tech sector, though specific details about its business model and market positioning remain limited.

Public
Clear logo

Clear

Clear operates biometric identity verification technology used in airports, stadiums, and other venues to expedite security screening. The company has expanded beyond airports into sports venues, retail locations, and healthcare facilities. Investors are interested in Clear's recurring subscription model and potential for continued expansion into new verticals.

Public
Binance logo

Binance

Binance is one of the world's largest cryptocurrency exchanges by trading volume, offering spot and derivatives trading for hundreds of digital assets. The company has faced increasing regulatory scrutiny globally, making any potential IPO complicated by regulatory challenges and the evolving crypto regulatory landscape.

No IPO Announced
Baseten logo

Baseten

Baseten is a machine learning infrastructure platform that helps companies deploy, manage, and scale ML models in production. The company provides tools for model serving, monitoring, and infrastructure management to simplify the deployment of AI applications. Investors are interested in Baseten as the MLOps and AI infrastructure market continues to expand rapidly.

No IPO Announced
Axiom logo

Axiom

Axiom is a legal services platform that connects companies with on-demand legal talent and provides technology-enabled legal solutions. The company has disrupted traditional legal staffing by offering flexible, high-quality legal services to enterprises. Investors are watching Axiom as it transforms how businesses access legal expertise in an increasingly digital world.

Acquired
Aleph Alpha logo

Aleph Alpha

Aleph Alpha is a German AI company that develops large language models and AI systems, positioning itself as a European alternative to American AI giants like OpenAI. The Heidelberg-based company focuses on providing AI solutions for enterprise and government clients with emphasis on data sovereignty and European values. Investors are watching Aleph Alpha as Europe seeks to develop independent AI capabilities.

Acquired
AI21 Labs logo

AI21 Labs

AI21 Labs is an artificial intelligence company focused on developing advanced language models and natural language processing technologies. The company creates AI tools for businesses and developers, competing in the rapidly growing generative AI market alongside companies like OpenAI and Anthropic. AI21 Labs has gained attention for its Jurassic language models and enterprise AI applications.

Acquired
Shield AI logo

Shield AI

Shield AI builds autonomous AI pilot systems for military aircraft, including drones and fighter jets that can fly missions without GPS or communications. The company has deployed its Hivemind autonomy software in combat zones. Shield AI is valued at around $2.8 billion and is a growing defense technology IPO candidate.

IPO Rumored
Alchemy logo

Alchemy

Alchemy provides blockchain development infrastructure and APIs that help developers build and scale decentralized applications across multiple blockchains including Ethereum, Polygon, and Solana. The platform serves as critical infrastructure for much of the Web3 ecosystem, powering many popular DeFi and NFT applications.

Public

Apogee Acquisition Corp.

Apogee Acquisition Corp. is a special purpose acquisition company (SPAC) focused on identifying and merging with high-growth technology companies. SPACs like Apogee provide an alternative path to public markets for private companies seeking to go public without traditional IPO processes.

Public
CodeRabbit logo

CodeRabbit

CodeRabbit develops AI-powered code review tools designed to help software development teams improve code quality and development efficiency. The platform uses artificial intelligence to automatically review code, identify issues, and provide suggestions for improvements. Investors are interested in CodeRabbit's position in the growing developer tools market and the increasing adoption of AI in software development workflows.

No IPO Announced
CloudKitchens logo

CloudKitchens

CloudKitchens operates ghost kitchens and delivery-only restaurant facilities, providing infrastructure for food delivery businesses. Founded by former Uber CEO Travis Kalanick, the company has attracted significant investor attention as the food delivery market has grown. The company's asset-heavy model and connection to the booming delivery economy make it a closely watched potential IPO candidate.

Acquired
CleverTap logo

CleverTap

CleverTap is a customer engagement and retention platform that helps mobile apps and websites personalize user experiences through AI-powered analytics and marketing automation. The company serves over 1,200 brands globally and has raised significant venture funding, making it a potential IPO candidate in the marketing technology sector.

No IPO Announced
Cadre logo

Cadre

Cadre is a real estate investment platform that provides accredited investors access to institutional-quality commercial real estate deals through technology-driven investment management. The company offers direct investment opportunities and managed portfolios focused on commercial properties. Investors are interested in Cadre's technology-enabled approach to commercial real estate investing and its high-profile backing.

Public
Branch logo

Branch

Branch provides mobile linking and measurement solutions that help app developers and marketers optimize user acquisition and engagement. The company's deep linking technology connects users seamlessly across different platforms and devices. Investors are interested in its position in the mobile marketing technology stack as app-based commerce continues to grow.

IPO Rumored
BrainCo logo

BrainCo

BrainCo is a brain-computer interface company that develops neurotechnology products including brain-controlled prosthetics and educational tools that monitor brain activity. The company has gained attention for its innovative applications of brain-computer interface technology in healthcare and education sectors.

IPO Rumored
Bloomreach logo

Bloomreach

Bloomreach provides e-commerce personalization and digital experience software, helping retailers optimize their online customer experiences through AI-powered recommendations and search. The company serves major e-commerce brands and has been growing as digital commerce continues to expand globally.

No IPO Announced
BitGo logo

BitGo

BitGo provides institutional cryptocurrency custody, wallet infrastructure, and trading services to financial institutions, exchanges, and corporations. The company is a leading provider of multi-signature wallet technology and serves as the security backbone for many major crypto businesses.

Public
Binance.US logo

Binance.US

Binance.US is the American affiliate of global cryptocurrency exchange Binance, offering digital asset trading services to U.S. customers. The platform provides spot trading for various cryptocurrencies while operating under U.S. regulatory compliance, making it a key player in the American crypto exchange market alongside Coinbase.

No IPO Announced