Airbase Current · Verified less than 14 days ago · Last verified: Oct 19, 2026

Airbase: $2.1B valuation, IPO Readiness 54, Series D. Airbase is the all-in-one spend management platform for mid-market and enterprise companies — combining accoun. Track live on The IPO Stack.

Series DFintechprivate
54
/100
IPO Readiness Score
Grade D — Early Stage
TechStackIPO proprietary score based on funding scale, valuation, stage progression & momentum.
Track Airbase →

Airbase is the all-in-one spend management platform for mid-market and enterprise companies — combining accounts payable automation, corporate card management, and expense reporting in one system. Valued at $600M with $150M raised, Airbase serves 1,000+ companies and competes with Brex, Navan, and Rho in the $50B+ business spend management market. Major fintech IPO candidate as AI-driven spend management replaces legacy ERP and manual expense processes.

Valuation
$2.1B
Total Funding
$450M
Stage
Series D
Sector
Fintech
Headquarters
San Francisco, CA
CEO
Thejo Kote
IPO Status
private

Funding History

March 2018
Seed
$7M
September 2020
Series A
$60M
March 2022
Series B
$150M
August 2026
Series C
$150M
August 2026
Series D
$150M
September 2026
Series E
$59M
The IPO Stack Newsletter

Get Tuesday's IPO moves + one deep-dive in your inbox

Scores, valuations, and IPO signals for the companies that matter. 5-minute read, every Tuesday.

🚀

2026 IPO Watchlist

Top companies most likely to IPO in 2026, ranked by IPO Readiness Score.

Canva
$42B · Design & Creative
88
Readiness
Shein
$30-50B · E-Commerce
87
Readiness
Faire
$12.4B · E-commerce
84
Readiness
Abnormal Security
$5.1B · Cybersecurity
83
Readiness
Brex
$12.3B · Fintech
82
Readiness
Hugging Face
$20.0B · Artificial Intelligence
82
Readiness
Miro
$17.5B · Enterprise Software
82
Readiness
Rapyd
$18.2B · Fintech
82
Readiness

Related Analysis

📊 IPO Readiness Stack 🏭 Fintech Sector ⚖️ vs Canva ⚖️ vs Shein 📈 IPO Pipeline
Related companies

Track Airbase IPO timeline, funding rounds, investor activity, and valuation on TechStackIPO — the pre-IPO intelligence platform.

Frequently Asked Questions

When is Airbase going public? +

Airbase has not publicly announced IPO plans. Track TechStackIPO for the latest signals and subscribe to The IPO Stack for weekly updates.

What is Airbase's current valuation? +

Airbase is valued at $2.1B as of March 2022. This valuation is based on its most recent private funding round tracked by TechStackIPO.

How can I invest in Airbase before IPO? +

Accredited investors can access Airbase shares through secondary market platforms, pre-IPO investment funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace tracks available access options. Note: pre-IPO investments carry higher risk and limited liquidity compared to public market investing.

What is Airbase's IPO Readiness Score? +

Airbase scores 54/100 (Grade: D) on TechStackIPO's IPO Readiness Index. The score evaluates funding scale, valuation trajectory, funding momentum, stage progression, and company maturity. Scores above 70 indicate strong near-term IPO potential.

How much total funding has Airbase raised? +

Airbase has raised $450M in total venture capital and private equity funding, with backing from First Round Capital, Bain Capital Ventures, Menlo Ventures.

Who are Airbase's key investors? +

Airbase's notable investors include First Round Capital, Bain Capital Ventures, Menlo Ventures. Full investor details, funding round history, and lead investor breakdowns are available on TechStackIPO.

What sector is Airbase in? +

Airbase is a Fintech company. Airbase is the all-in-one spend management platform for mid-market and enterprise companies — combining accounts payable.

Full access — $49/mo