Monthly Analysis

March 2024 IPO Scorecard

March 2024 IPO scorecard: 2 companies went public including Astera Labs, Reddit. Full cohort analysis, sector breakdown, and market context.

2
Companies IPO'd
$37.0B
Total Market Cap
$22.8B
Largest IPO: Reddit
Artificial
Top Sector

IPO Class of March 2024

Company IPO Date IPO Price Exchange Market Cap Total Funding Sector IPO Readiness Score
Astera LabsALAB Mar 20, 2024 Undisclosed N/A $14.3B $330M Artificial Intelligence 62/100 B
RedditRDDT Mar 21, 2024 Undisclosed N/A $22.8B $1.3B N/A 67/100 B+

Sector Breakdown

Artificial Intelligence
1 IPO (50%)
Other
1 IPO (50%)

Key Themes & Observations

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