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Interested in AI? Look no further than the IPO market

ARM

For investors interested in artificial intelligence, the IPO market is the space to watch. A number of recent tech issuers have made AI-focused pitches, while private AI startups continue to raise significant funding as they mature. As the field continues to develop, the IPO market will play an important role as the front door for AI. In recent years, a few issuers have come to...read more

Software multiples haven’t fully recovered to pre-pandemic levels. Some major tech IPOs are sitting on the sidelines.

KVYO

After a clear recovery in growth stocks last year, Astera Labs (ALAB) and Reddit (RDDT) have kicked off 2024’s tech IPO pickup. Still, many of the largest software unicorns are content sitting on the sidelines, as valuation multiples remain below pre-pandemic levels. Importantly, jumbo private rounds from 2020-2021 mean they have no...read more

Renaissance IPO Index's longest winning streak of 2024 to date cut short by inflation data

ARM

After a rocky start to the year, the Renaissance IPO Index, the underlying index for the Renaissance IPO ETF (NYSE Arca: IPO), rose 1.9% on Monday, marking its fifth straight day of gains and longest winning streak so far this year. The rally was cut short on Tuesday, as markets pulled back following hotter...read more

Updated: Renaissance Capital's 2023 US IPO Market Review

ARM

US IPO Market Slowly Rebuilds in 2023 After sinking to historic lows in the prior year, the US IPO market started to rebuild in 2023, laying the groundwork for the next upcycle. 108 IPOs raised a combined $19.4 billion, a slow year by historical standards but a significant increase from 2022. Issuance was weighed...read more