Monthly Analysis

September 2023 IPO Scorecard

September 2023 IPO scorecard: 3 companies went public including Arm Holdings, Instacart, Klaviyo. Full cohort analysis, sector breakdown, and market context.

3
Companies IPO'd
$259.7B
Total Market Cap
$238.4B
Largest IPO: Arm Holdings
Other
Top Sector

IPO Class of September 2023

Company IPO Date IPO Price Exchange Market Cap Total Funding Sector IPO Readiness Score
Arm HoldingsARM Sep 14, 2023 Undisclosed N/A $238.4B $4.2B Semiconductors 77/100 A
InstacartCART Sep 19, 2023 Undisclosed N/A $12.8B $2.9B N/A 63/100 B
KlaviyoKVYO Sep 20, 2023 Undisclosed N/A $8.5B $778M N/A 63/100 B

Sector Breakdown

Other
2 IPOs (67%)
Semiconductors
1 IPO (33%)

Key Themes & Observations

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