5 Most Anticipated IPOs of 2022

In this article, we discuss 5 most anticipated IPOs of 2022. If you want to see more companies in this selection, click 10 Most Anticipated IPOs of 2022. 

5. Instacart

Potential Valuation: $39 billion

Instacart is a California-based company that offers grocery retail and delivery services to customers in the United States and Canada. The company has a mobile application and a website where customers can place their orders. Instacart has listed products from more than 700 retailers, and users have millions of items to choose from. Instacart was founded in 2012 by Apoorva Mehta, Max Mullen, and Brandon Leonardo. 

Instacart is a widely discussed and speculated IPO of 2022. Amid the pandemic-fueled online retail frenzy in 2020, Instacart rose to the occasion and added 200 new retailers to its application for the convenience of its customers. 

The most recent funding round for Instacart was concluded in March 2021, where $265 million was raised. This propelled the company’s valuation to a whopping $39 billion, up from $17.7 billion a few months prior. Instacart’s 2021 revenue grew 10% year-over-year to $1.65 billion. 

While the company has not officially filed for an IPO, it is rumored that it will debut in 2022. These rumors are fueled by the management’s comments late last year, when it pushed its IPO that was expected in Q4 2021 “until next year”.