The company filed to go public on December 6, 2018. The expected offering is $500 million and could value the company at an estimated $25 billion. The transaction is expected to be completed by the first quarter of 2019. Previously, the company raised $600 million of Series I venture funding in a deal led by Fidelity Management on June 27, 2018, putting the pre-money valuation at $14.5 billion. NewDo Venture Reason Venture Partners, Senator Investment Group, NFX, AME Cloud Ventures, Temerity Capital Partners, Tower Equity, AllianceBernstein, Baillie Gifford, Kohlberg Kravis Roberts, CapitalG, Rakuten and other undisclosed investors also participated in the round. The company has raised $5.1 billion to date.
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