5 Most Anticipated IPOs in 2021 and 2022

4. Couchbase

Couchbase is a software company founded in 2011. It is placed fourth on our list of 10 most anticipated IPOs in 2021 and 2022. The company primarily develops commercial packages for open-source databases. The company filed for an IPO back in March and is valued at over $3 billion. It has already reported more than $100 million in annual revenue, according to news agency Reuters. The demand for products offered by Couchbase has soared amidst the COVID-19 pandemic as data storage and management becomes more important. 

Couchbase has so far raised close to $300 million from investors led by GPI Capital, North Bridge Venture Partners and Accel, among others. There are some parallels in the Couchbase story and Amazon.com, Inc. (NASDAQ: AMZN), the Washington-based technology company that operates one of the largest web service businesses in the world. Amazon.com, Inc. (NASDAQ: AMZN) is one of five big tech giants that are expected to reach more than $2 trillion in market capitalization in the coming years. 

On June 9, an executive at Amazon.com, Inc. (NASDAQ: AMZN) told news media that Amazon Care, a telehealth service of Amazon, had signed initial agreements with multiple firms and that the names of the partners would be released soon. Amazon Care was previously an inhouse service only. At the end of the first quarter of 2021, 243 hedge funds in the database of Insider Monkey held stakes worth $50 billion in Amazon.com, Inc. (NASDAQ: AMZN), down from 273 in the preceding quarter worth $51 billion.