Which are the 10 Upcoming US IPOs To Watch Out In 2021?

The year 2020 proved to be a huge success for the US IPO market as 494 initial public offerings combined raised more than US$174 billion. Despite the pandemic, companies like Airbnb, DoorDash, and Snowflakes went public last year, raising the confidence of others to go public. The San Francisco based Nextdoor, a social media company that runs an eponymous social networking site, is expected to go public in 2021. The company raised US$455 million from 24 investors through nine rounds of fundraising.

Founded in 2014, digital mortgage lender Better.com is expected to go public in 2021. The company provides loans and refinancing facilities to new home buyers. Bank of America and Morgan Stanley to advise the company on the IPO. After the SoftBank Group invested US$500 million in the company last month, the company’s value has gone up to US$6 billion from US$4 billion.

Robinhood Inc is a trading app launched in 2013. It has registered for IPO in March 2021 and is expected to go public in the second quarter of 2021. The number of shares and their price are yet to be disclosed.

Databricks, an artificial intelligence and data engineering company launched in 2013, is expected to go public in 2021. The stocks to be sold through investment banks or brokers.

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