IPOs are a fantastic location to start your hunt for hot growth stocks. These newly-listed corporations frequently make an impact in the market with lofty growth projections and exorbitant price bands to match. Although not all initial public offerings (IPOs) will succeed. Some of the most valuable businesses in the world, including Amazon and Apple, were previously IPOs that made their early investors billionaires. We have put together a list of companies that had their IPO in 2022. It will help us get started on our investment journeys.
10 Companies That Had Their IPO in 2022
The companies that had their IPOs in 2022 are listed below. The list is updated on an ongoing basis. So check back for more companies that have not yet been added.
Stripe received a rating of $95 billion in its Series H investment round in April 2021. It changed into the most highly prized venture-backed private firm in the whole world. John and Tom Collison, two brothers who are still in charge of Stripe, created the company. However, John said that the corporation was “extremely thrilled” to be private.
He won’t likely be the only one who makes the decision. As numerous investors dispersed across various rounds are likely to want to cash out at some point. With its own service charge added, Stripe currently processes close to $3 billion for every $100 billion in transaction value. Growth reached 70% last year. It might not occur in 2022, but if it does, be prepared for it to be the greatest IPO ever.
Among the most expected IPOs of 2021, Instacart, never materialized. Because the owners felt that it was more necessary to “concentrate on expansion” and “broadening its services”. Once again, there’s a strong probability that they evaluated how past IPOs performed and decided against it. To be sure, there is still a long way to go before an IPO is necessary. As evidenced by the company’s explosive sales growth during the epidemic and its projected 10% increase in 2021.
Additionally, the corporation is in charge of a staggering 75% of the grocery transactions. Made by third parties acting as intermediaries in the US.
Mobil eye is what renowned German management expert Hermann Simon would have referred to as “a hidden champion”. A small business that has dominated the global market for a specific good or service. Advanced driving assistance systems are the company’s product in the instance of Mobileye, an Israeli business (ADAS).
If you’ve ever handled anything other than a sedan, there’s a good chance you’ve utilized some of the software that Mobil eye creates or licenses. Some estimates place the number of cars with the tools at over 100 million. For the corporation, the first two quarters of 2022 already saw record quarterly sales, with Q1 and Q2 totals of $394 million and $460 million, respectively.
The most recent fundraising round placed Databricks at $38 billion. It is the first platform that enables users to conduct conventional SQL analytics and business intelligence (BI), together with data science and machine learning, all on the same system without the usage of a SQL manager. It was developed by the developers of Apache Spark.
Its predicted sales of $421M in 2021 renders the $40B valuation seem exorbitant, but the company’s growth has remained extraordinarily strong, increasing ARR by 75% in the previous year, the key indicator used to value SAAS companies. With a $40 billion valuation, this may be the third-largest IPO of the year among firms going public in 2022. If the debuts of Stripe and Instacart are again postponed, however, this could surpass them.
A large number of successful digital banks must frighten financial firms worldwide. The Bancorp Bank, a solid but otherwise unimpressive traditional bank with earnings of less than $300M, is the actual owner of Chime, which expanded its customer base through fee-free mobile banking options.
Its startup, Chime, is now making almost three times that, so the Bancorp Bank may be experiencing a classic Kodak moment. Chime saw its profits soar over the past two years, just like other businesses on this list, as a result of more and more transactions during the Covid-19 outbreak shifting online.
6. Service Titan
ServiceTitan’s forthcoming IPO is being hailed as the largest vertical SaaS IPO of the year, which is often the IPO that causes technology investors to stand up straight. ServiceTitan offers software for companies that perform field services (such as plumbing, landscaping, pest treatment, etc.), offering it a wide range of potential users.
After creating a scheduling system for their fathers, two friends recognized the need for technological solutions among tradesmen and launched the company. One of the IPOs to watch out for in 2022, the firm they evolved out of that is now a monster with an annual recurring amount of funds available of $250 million and a client base of more than 100,000 enterprises.
Discord is frequently compared to Slack, despite having half the valuation, significantly fewer users, and a much more limited ecosystem. Another aspect of Discord is that it caters to consumers rather than businesses, potentially opening it up to a far wider audience. In 2020, the company’s monthly user base increased from 56 million to 100 million, and in 2021, it increased by an additional 50 million. But with only $130M in present revenues, it will need to continue growing at that rate to support a $15B valuation among the new IPOs in 2022.
The comedy of Blockchain applying for an IPO in late 2022 and the underwriters choosing not to use cryptocurrencies for the sale is not missed by many. Even bitcoin fans turn to the dollar when the going gets tough.
At this point, the IPO timing for Blockchain is unknown; it may possibly happen in 2023. An initial valuation of more than $15 billion appears reasonable given that Blockchain’s series C raise in 2021 generated $300 million and gave it a $5.2 billion valuation. Blockchain appears to be saying that although cryptocurrencies are the future, for now, let’s cash out in dollars.
Zazzle resembles a hybrid of Amazon, Alibaba, and Etsy. It positions itself as an online marketplace where users may design their own items and, if they so choose, sell them to other users. gives customers access to a variety of advanced tools for creation, manufacturing, and transportation, much like the businesses it compares itself to.
There aren’t many financial details available because the company hasn’t yet filed an S-1 with the SEC. However, it’s safe to assume that the company doesn’t have much debt on the financial statements given that it has only raised less than $50 million since its founding in 2005.
Hopefully, this has given you a better idea of the wide variety of companies that had their IPOs in 2022. The list is filled with companies from all sorts of industries, and they range from large to small. From a social networking app to an online food delivery service, these are companies that show just how diverse the market is right now, and how important it is to keep an eye on all of them.