IPO

All the companies making 2018 a historic year for IPOs in the US

November 7, 2018 View comment (1)
VC-backed IPOs are booming in the US this year.

So far in 2018, 80 VC-backed companies in the United States have hit the public markets, per PitchBook data. And the current year is on pace to see around 94 VC-backed IPOs before it's over, more than any year in the last decade except 2015, when 125 such companies made their debuts.

With less than two months left in the year, the total deal value for US VC-backed IPOs is $10.56 billion, also according to PitchBook data. That means 2018 is set for nearly $12.4 billion in total deal value, which would surpass every year since 2008, except 2012 (an outlier because the $21.2 billion total for that year includes Facebook's massive IPO, which contributed roughly $16 billion). This year has already surpassed 2017's totals in deal value and IPO count.

The year has also been characterized by several IPOs that valued businesses in the multibillion-dollar range, like the debuts from Dropbox and DocuSign, and a strong showing from healthcare and pharmaceutical companies.

We've taken a look at all the VC-backed companies in the US that have hit the public markets so far in 2018, ranked by valuation at the time of their debut:

 

Next year could be even bigger for US IPOs. Uber, Lyft, Airbnb and Slack are among the high-profile—and highly valuable—tech companies rumored to be gearing up to go public sometime in 2019.

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