NYSE: NET
$15
35M
$525M
74,873
$4.4B
$404.3M
Notable clients
Board of directors
Matthew Prince
Lead
underwriters
Valuation timeline
Principal shareholders
Discover more industry trends with the PitchBook Platform,
the most comprehensive database covering the private and public capital markets.
price per share
shares for sale
to be raised from IPO
initial market
cap
number of paid
subscribers
Michelle Zatlyn
Maria Eitel
Carl Ledbetter
Stanley Meresman
Scott Sandell
Co-founder and CEO
Co-founder and COO
Independent director
Pelion Ventures
TCV
NEA
The road to IPO
Founded 2009 | San Francisco
Nov. 2009
July 2011
Dec. 2012
Sept. 2015
$6.3M
$80M
$1B
$1.8B
as of 1H 2019
total VC funding
to date
up 48.3% YoY
$87.1M
Revenue
1H 2018:
$129.2M
Revenue
1H 2019:
$32.5M
Net loss
1H 2018:
an increase of 13.3% YoY
$36.8M
Net loss
1H 2019:
$20M
$2.3M
$50M
$182M
Round amount
Valuation
Matthew Prince
20.4%
18.8%
16.2%
14.6%
5.6%
Michelle Zatlyn
5.5%
L'Oreal
Starbucks
Adobe
Coinbase
FBI
Katrin Suder
Independent director
$150M
March 2019
$1.8B*
*new valuation not available
Mark Anderson
Independent director