📊 Funding Stage

Pre-IPO Companies at Series C

Late-stage companies preparing for major expansion or IPO path. Currently tracking 23 companies. Last updated May 2026.

Companies

Series C Pre-IPO Companies

Late-stage companies preparing for major expansion or IPO path. Currently tracking 23 companies at this stage. Last updated May 2026 on TechStackIPO.

Company Industry Valuation Status
Kraken Fintech $20B Private
Notion Enterprise Software $18.5B Private
Miro Enterprise Software $17.5B Private
Nscale AI Infrastructure / Cloud $14.6B Private
ElevenLabs Artificial Intelligence $11B Pre-IPO
Plata Fintech $5B Pre-IPO
Papaya Global Fintech $3.7B Private
Retool Enterprise Software $3.2B Pre-IPO
Sourcegraph Enterprise Software $2.625B Private
Tenstorrent Semiconductors $2.6B Pre-IPO

Data sourced from SEC EDGAR filings, company press releases, and verified public announcements. Browse all companies →

About Series C Stage Companies in 2026

Series C companies are late-stage growth companies that have typically raised $100M-$500M and are approaching or exceeding $100M in annual revenue. At this stage, companies are scaling internationally, pursuing strategic acquisitions, and building the operational infrastructure required for public markets. Many Series C companies begin engaging with investment banks, appointing independent board members, and implementing SOX compliance frameworks — all precursors to an IPO filing. TechStackIPO provides IPO readiness scores for Series C companies based on 10 factors including revenue scale, growth trajectory, profitability path, and corporate governance maturity.

Series C Stage — Frequently Asked Questions

How many Series C companies does TechStackIPO track?

TechStackIPO currently tracks 23 companies at the Series C stage. This includes companies across technology, fintech, AI, cybersecurity, healthcare, and other high-growth sectors.

What defines a Series C company?

Late-stage companies preparing for major expansion or IPO path. Companies at this stage typically share characteristics in revenue scale, team size, and institutional backing.

Can I invest in Series C companies before they go public?

Accredited investors can access pre-IPO shares in select Series C companies through secondary market platforms including Forge Global, EquityZen, and Hiive. Availability depends on shareholder willingness to sell and minimum investment thresholds typically range from $10,000 to $50,000.