GitLab
- Industry: DevOps Software
- IPO Status: Publicly Traded (October 14, 2021)
- Valuation: Not applicable (Currently public company – Market Cap: $11.2 Billion as of April 12, 2024)
- Funding Raised: $1.8 billion (prior to IPO)
- USP: Open-source foundation for a comprehensive DevOps platform
While GitLab was not expected to be included in the list of upcoming IPOs for 2024, it’s a noteworthy player in the tech sector. GitLab had a successful IPO in October 2021, raising over $800 million. They offer a comprehensive DevOps platform that combines version control, collaboration tools, and continuous integration and continuous delivery (CI/CD) functionalities. Notably, GitLab is built on an open-source foundation, fostering a strong developer community and attracting users who value transparency and customization. As a publicly traded company, GitLab’s market cap currently sits around $11.2 billion, and its continued growth and innovation within the DevOps space are worth keeping an eye on.
11 Startups Predicted To Launch IPOs This Year
The year 2024 is shaping up to be a banner year for Initial Public Offerings (IPOs), particularly in the tech sector. After a strong showing in the latter half of 2023, investor sentiment remains bullish, and a healthy pipeline of exciting startups is primed to go public.
The IPO market is a fascinating space where private companies raise capital from the public by selling shares on a stock exchange. A successful IPO can be a transformative event for a startup, allowing it to scale operations, fuel growth, and potentially reward early investors. For investors, upcoming IPOs in 2024 present an opportunity to get on the ground floor of promising companies with the potential for high returns.
Read In Short:
- Tech giants like Databricks and UiPath are lining up to go public, alongside exciting newcomers like Ola Electric in India.
- Investors are eyeing opportunities in high-growth areas like artificial intelligence (AI), e-commerce, and automation with robotic process automation (RPA).
- Blockbuster IPOs like Swiggy in India and potentially ByteDance are generating significant buzz.
- 2024 is shaping up to be a banner year for the IPO market.
- This presents exciting opportunities for investors seeking a piece of the action.
Table of Content
- Databricks
- UIPath
- Flipkart
- Discord
- SpaceX
- GitLab
- Chime
- Instacart
- Swiggy
- Ola Electric
- ByteDance (TikTok)
- Conclusion
- Startups To Launch IPOs This Year – FAQs
Contact Us