Frore Systems is a AI Infrastructure / Hardware founded in 2018, currently valued at $1.64B. IPO Status: Pre-IPO. IPO Readiness Score: 64/100 (C).
Frore Systems IPO status, timeline, valuation and S-1 filing tracker. Last updated May 2026.
| Industry | AI Infrastructure / Hardware |
| Stage | series_d |
| IPO Status | Pre-IPO |
| Valuation | $1.64B |
| Total Funding | $350M |
| Headquarters | San Jose, CA |
| IPO Readiness Score | 64/100 |
| Founded | 2018 |
Track Frore Systems IPO status, valuation updates, and S-1 filing milestones on TechStackIPO. Last updated May 2026.
AI computing cooling architecture using active solid-state cooling chips
Frore Systems is in the pre-IPO phase as of May 2026. The company has an IPO readiness score of 64/100, suggesting it may be 1–3 years from a public listing depending on market conditions and internal milestones. Pre-IPO companies at this stage typically evaluate market conditions, complete board appointments, and engage underwriters before initiating the formal S-1 filing process.
Frore Systems is valued at $1.64B based on the most recent private market data. The company has raised a total of $350M in funding. Private market valuations are determined by the latest funding round and may differ from eventual IPO pricing, which reflects public market conditions, investor demand, and comparable company multiples at the time of listing.
Accredited investors may be able to access Frore Systems pre-IPO shares through secondary market platforms. These platforms facilitate private share transactions between existing shareholders (employees, early investors) and new buyers.
Risk factors: Pre-IPO investments are illiquid, carry higher risk than public market investments, and are typically restricted to accredited investors. Share availability and pricing depend on current shareholders willing to sell. TechStackIPO provides data and tracking tools but does not facilitate or recommend investments.
Funding rounds from seed through latest — Series A, B, C and beyond.
| Round | Date | Amount | Valuation | Lead Investor(s) |
|---|---|---|---|---|
| Series D | Mar 2026 | $143M | — | MVP Ventures |
Total funding raised: $350M
Bear / base / bull scenarios based on current private market valuation and comparable IPO multiples.
| Scenario | Est. Valuation | Basis |
|---|---|---|
| Bear | $1.6B | Compressed multiples, delayed listing |
| Base | $1.64B | Last private round valuation |
| Bull | $2.9B | Strong market, premium AI/tech multiple |
Estimates are illustrative. Not investment advice. All figures based on publicly available data.
Frore Systems has an IPO readiness score of 64/100 on TechStackIPO. A moderate readiness score suggests the company may be 2–4 years from IPO.
Frore Systems's last known private valuation is $1.64B. IPO valuations typically reflect current market conditions at time of listing and may differ from private market valuations.
Pre-IPO access options may include: (1) secondary market platforms such as Forge Global or EquityZen that facilitate private share sales, (2) ETFs holding pre-IPO companies or venture portfolios, and (3) direct secondary share purchases if eligible as an accredited investor. TechStackIPO tracks availability but does not facilitate investments.
No. Frore Systems has not yet filed an S-1 registration statement with the SEC as of TechStackIPO's latest data update.
Frore Systems operates in the AI Infrastructure / Hardware sector. TechStackIPO tracks multiple AI Infrastructure / Hardware companies from seed through IPO, including their funding rounds, valuations, and IPO readiness scores. You can compare Frore Systems against other AI Infrastructure / Hardware companies using TechStackIPO's comparison tool.
Frore Systems is at the series_d stage. The company has raised a total of $350M in funding. Companies at this funding stage are typically scaling operations, expanding market share, and evaluating public market timing.
Frore Systems is headquartered in San Jose, CA. The company's location can influence IPO exchange selection, regulatory requirements, and investor interest. Companies headquartered in major tech hubs often benefit from proximity to venture capital networks and talent pools.