Learning platform Coursera files to go public

Heavily funded online learning platform Coursera has filed to go public. The move follows a year of sharp growth for the Silicon Valley-headquartered company, with revenue hitting $294 million for 2020, up 59 percent year over year, paired with a widening loss.

Grocery delivery unicorn Instacart is reportedly considering going public through a direct listing instead of a traditional IPO. In other news, Indonesia’s SiCepat, a provider of logistics for e-commerce, raised $170 million in Series B funding.

In recent years, more options have emerged for startup employees and other shareholders to liquidate their shares in the private market, without having to wait for an IPO or acquisition. Nasdaq Private Market and CartaX, in particular, are seeing sharp growth.

So far, 2021 is shaping up as a huge year for finance-focused IPOs. It may also be the year in which household names for fintech nerds finally become household names for everyone, venture investor Logan Allin of Fin Venture Capital tells Crunchbase News.

Source : Crunchbase