Which companies had their IPO in 2014? In this twenty world century world, the digital and tech market is growing rapidly. So each year’s IPO entry is being taken over tremendously by tech companies. The year 2014 is no different from that. Some famous as well as promising tech companies have debuted their initial offering in the year of 2014. Such as, Godaddy online registration site, Box, Dropbox cloud-based storage service, Spotify online music streaming site, GoPro high tech video camera development company and many more. In 2014, a total of 273 companies made their IPO entry. The number has increased a lot in the last few years.
Like the last two years (Facebook & Twitter), this year Alibaba Group Holding Limited made its grand initial public offering entry.
The 12 Biggest IPO Companies in 2014
Here, we have a list of the most discussed top companies that started their IPO journey in 2014. So let’s dive in.
1. Alibaba
Alibaba (Alibaba Group Holding) is a Chinese technology-based multinational company. They offer a variety of specialized online services like e-commerce, retail shops, C2C, B2B, as well as B2C sales services. Online business entrepreneur Jack Ma founded this company in 1995, inspired by other online markets such as Amazon, and eBay. The company came into the light in 1999, as officially they started operating in Hangzhou, Zhenjiang in China.
Alibaba is the largest online company with around 500 million active clients. Alibaba’s IPO on the New York Stock exchange with a $25 billion fund is also the largest IPO in history worldwide.
IPO Funding : $25 billion
Offering Stock Price: $68 (per share)
Opening Stock Price: $92.70 (per share)
IPO Debut Date: September 19, 2014.
2. LendingClub
LendingClub is an American financial service company with its headquarters is in San Francisco, California. The company offers exchange Commissions, peer-peer lending, financial Securities, as well as load trading on a secondary market.
LendingClub started its journey in 2006 by Renaud Laplanche, Soul Htite. They have around more than 1300 employees. They became the largest fintech (finance technology) IPO company raising almost $1 billion.
IPO Funding : $870 million
Offering Stock Price: $23 (per share)
Opening Stock Price: $23.43(per share)
Offering Stock : 66,700,000 shares
IPO Debut Date: December 10, 2014.
3. King.com Limited
King Digital Entertainment is a Swedish video game developer company. King company reached its popularity for developing and publishing the game Candy Crush Saga in 2012. Firstly, this game, financially speaking, is the most successful game. Surprisingly, the game has a free version.
In 2003 The company was founded in Stockholm. A total of 9 co-founders, featuring big names such as Riccardo Zacconi; Toby Rowland; Mel Morris; Thomas Hartwig; Sebastian Knutsson; Lars Markgren and Patrik Stymne contributed to this company. Consequently, they ended up having 11 studios in different locations.
IPO Funding : $500 million
Offering Stock Price: $22.50 (per share)
Opening Stock Price: $20.50(per share)
IPO Debut Date: March 26, 2014.
4. GoPro
GoPro is an American technology company that was founded in 2002. The company develops video editing tools, mobile apps as well as advanced camera techniques. Their headquarters is based in San Mateo, California.
The founder, Nick Woodman, had a plan to invent a high-resolution, well-defined camera device. Something the market didn’t experience at that time. He made his plan successful, as we are enjoying this company’s high-tech cameras.
IPO Funding : $425 million
Offering Stock Price: $24 (per share)
Opening Stock Price: $31 (per share)
Offering Stock: 17.8 million shares.
IPO Debut Date: June 26, 2014.
5 . Virgin America
Virgin America Inc was an American airline corporation from 2007 and 2008. Later this company was purchased by Alaska Airlines. The company became focused to offer better quality facilities at low cost in West Coast and metropolitan city areas.
However, it was criticized for a failed space ship launch while flight testing that took place on October 31, 2014, in the Mojave desert.
IPO Funding : $307 million
Offering Stock Price: $23 (per share)
Opening Stock Price: $27 (per share)
Offering Stock: 13.3 million shares
IPO Debut Date: November 14, 2014.
6 . TriNet Group (TNET)
TriNet is a technology-based company that provides cloud-based HR solutions; expense reporting; applicant tracking; an online learning library; travel services; performance evaluation as well as time management. The company’s headquarters are in Dublin, California and it was founded in 1988, trading as an NYSE TNET Russell 2000 component.
Their stock price climbed up to 101% on the public offering opening day.
IPO Funding : $276 million
Offering Stock Price: $16 (per share)
Opening Stock Price: $17.28 (per share)
Offering Stock : 15,000,000 shares
IPO Debut Date: March 26, 2014.
7. OnDeck Capital
On Deck Capital is an International finance lending company in America. They have branches in several big states in the US such as New York, Virginia, Arlington, Denver, and Colorado. They also have their business in Canada and Australia. The company offers small business loans and other financial services.
Mitch Jacob founded the company in 2006, in New York.
IPO Funding : $200 million
Offering Stock Price: $20 (per share)
Opening Stock Price: $26.63 (per share)
Offering Stock: 10000000 shares
IPO Debut Date: December 16, 2014.
8. GrubHub
GrubHub is an online food ordering service but they also offer delivery. The company was founded in 2004 with headquarters in Chicago as well as some other states Illinois being on of them. This company made its strong IPO entry on the New York Stock exchange in 2014. On the first opening day, their stock price peaked at 50%. Interestingly, it is a sister concern platform of the Dutch Company named Just Eat Takeaway.
IPO Funding : $200 million
Offering Stock Price: $27 (per share)
Opening Stock Price: $40 (per share)
Offering Stock: 7.4 million shares
IPO Debut Date: August 2014.
9. Coupons.com (Quotient Technology)
Coupons.com (Quotient Technology) was founded in 1998. The company provides online-based digital coupons, loyalty card promotions, and also on mobile platforms. This company announced rebranding as Quotient Technology in 2015 with Steve Boal as the founder and chairman.
Quotient Technology got its biggest investment around $200 million in June 2011 and consequently, their IPO entry raised approximately $168 million.
IPO Funding : $168 million
Offering Stock Price: $16 (per share)
Opening Stock Price: $32.43 (per share)
Offering Stock: 10 million shares
IPO Debut Date: January 31, 2014.
10. Nevro (NVRO)
Nevro is an international medical equipment company that works on high-tech innovative products that then helps to decrease patients’ chronic pain. They developed Senza which is a spinal cord stimulation system which commercially launched in the US (2015), approved by the FDA.
Nevro went public in 2014, and on the first day of trading its share price rose up to 98%.
IPO Funding : $145 million
Offering Stock Price: $18 (per share)
Opening Stock Price: $23.13 (per share)
Offering Stock: 6.25 million shares
IPO Debut Date: November 5, 2014.
11. Zendesk
Zendesk is an American software company that was founded in Copenhagen and Denmark in 2007, offering customers support-based software services. Its headquarters is Sanfransisco, California-based. Zendesk’s market capitalization was around $86 million before its public offering in 2014. Their entry was quite successful and consequently raised approximately 100$ million.
Mikkel Svane, Alexander Aghassipour, Morten Primdahl are the founders of Zendesk. The company has branch offices in 19 locations.
IPO Funding : $100 million
Offering Stock Price: $9 (per share)
Opening Stock Price: $11.40 (per share)
Offering Stock : 11,111,111 shares
IPO Debut Date: May 14, 2014.
12. Truecar
Truecar is an online-based information website that provides new as well as used car pricing lists. And also other care-related details. This platform posts new and used car prices based on local areas. This online platform is so popular that car dealers pay them for company product promotions on their sites.
The company traded as Nasdaq: True Russell 2000 component. It was founded in 2005 as Zag.com.
IPO Funding : $70 million
Offering Stock Price: $9 (per share)
Opening Stock Price: $9.70 (per share)
Offering Stock: 7.78 million shares
IPO Debut Date: May 16, 2014.
Conclusion
This article included 12 IPO companies from different sectors in 2014. This year’s IPO entry list was longer than the last few years with 278 companies. Let us know your opinion about 2014’s IPO entry.
