Concept time is money.


The initial public offering market, fresh off its biggest transaction of the year, is expected to welcome five deals this week, including two venture capital-backed companies that will be the first tech unicorns in nearly two years.

Grocery-delivery platform Instacart and digital-marketing company Klaviyo are expected to price their IPOs early this week and both have a valuation of more than $1 billion, which is the threshold to be considered a unicorn.

Instacart is planning to raise up to $660 million by offering 22 million shares priced at $28 to $30 each at a valuation of $8.3 billion. The company raised the price range on Friday, after the successful debut of Arm Holdings PLC ARM, -5.22% a day earlier…

The full post is here.

Comment on this article

You must be logged in to post a comment.