Renaissance Capital logo

June 2015 was the most active month for IPOs since the Dotcom Bubble

July 1, 2015

June 2015 saw 35 initial public offerings, more than any month since August 2000, when 66 companies went public. Since then, there have now been just nine months with over 30 IPOs, including six in the past two years.
The 35 June IPOs raised $5.9 billion, more than the $5.5 billion raised by the 34 IPOs during the entire first quarter.



June's top IPOs were Seres Therapeutics (MCRB; +131%), Fitbit (FIT; +91%) and Glaukos (GKOS; +61%). Three IPOs raised more than $500 million: Univar (UNVR), Fitbit (FIT) and TransUnion (TRU).

There were 39 initial filings in June, more than any month since June 2014, including seven that could raise over $500 million. This signals what will likely be an active July and early August in the IPO market. Notable filers include Planet Fitness (PLNT), SunGard (SDS.RC), SunRun (RUN), Blue Buffalo (BUFF) and Patheon (PTHN).

View our 2Q 2015 US IPO Market Review, "US IPO Market Takes Off Again in the Second Quarter."
And our 2Q 2015 Global IPO Market Review, "China A-Share Mania Powers IPO Proceeds and Returns."