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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

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

US IPO Market Update - November 2023 (Video)

IPO

Renaissance Capital's Director of Research, Nick Einhorn, and Senior IPO Market Strategist, Matt Kennedy, discuss the state of the US IPO market halfway through the fourth quarter of 2023. ...read more