Interested in 2016’s IPO? You’re just in the right place.
This article studies every detail you need to know about the top 15 companies that went public in 2016.
15 Best: Companies that Went Public in 2016
These are the top 5 IPOs of 2016: Twilio, Atlassian, Square, Line, and Acacia Communications.
Now, let’s take a deeper look at each company.
1. Twilio Inc. (TWLO)
- IPO Date: June 23, 2016
- IPO Price: $15
- Valuation: $1.1 billion
Twilio is a cloud communications platform provider gained rapid traction for its API-based communication solutions.
2. Atlassian Corporation Plc (TEAM)
- IPO Date: May 4, 2016
- IPO Price: $21
- Valuation: $3.2 billion
Developer of collaboration and productivity software tools, known for Jira and Trello, targeted a large enterprise market.
3. Coupa Software (COUP)
- IPO Date: October 6, 2016
- IPO Price: $18 per share
- Valuation: $1.1 billion
Coupa Software is a cloud-based spend management software company.
4. Line Corporation (LN)
- IPO Date: July 14, 2016
- IPO Price: $11.50
- Valuation: $7.3 billion
Popular messaging app with a strong user base in Asia, especially Japan.
5. Acacia Communications, Inc. (ACIA)
- IPO Date: October 28, 2016
- IPO Price: $15
- Valuation: $1.2 billion
Provider of coherent optical interconnect products for data communications networks.
6. BlackLine, Inc. (BL)
- IPO Date: April 7, 2016
- IPO Price: $10
- Valuation: $800 million
Cloud accounting software provider focused on financial close management.
7. US Foods Holding Corp. (USFD)
- IPO Date: May 25, 2016
- IPO Price: $23
- Valuation: $5.1 billion
Leading foodservice distributor with a strong market position.
8. Impinj, Inc. (PI)
- IPO Date: February 25, 2016
- IPO Price: $13
- Valuation: $400 million
Developer of radio-frequency identification (RFID) software and devices.
9. SolarEdge Technologies, Inc. (SEDG)
- IPO Date: March 31, 2016
- IPO Price: $11
- Valuation: $680 million
Provider of power optimization solutions for solar photovoltaic systems.
10. Red Rock Resorts, Inc. (RRR)
- IPO Date: December 9, 2016
- IPO Price: $21
- Valuation: $2.5 billion
Gaming and hospitality company operating casinos in Nevada.
11. Agile Therapeutics, Inc. (AGRX)
- IPO Date: February 2, 2016
- IPO Price: $12
- Valuation: $360 million
Biopharmaceutical company focused on developing and commercializing contraceptive products.
12. Secureworks Corp. (SCWX)
- IPO Date: April 14, 2016
- IPO Price: $14
- Valuation: $1.2 billion
Cybersecurity company offering threat intelligence and managed security services.
13. Trade Desk, Inc. (TTD)
- IPO Date: September 15, 2016
- IPO Price: $14
- Valuation: $1.1 billion
Demand-side platform for digital advertising.
14. NantHealth (NH)
- IPO Date: June 23, 2016
- IPO Price: $16
- Valuation: $1.2 billion
Healthcare company focused on developing personalized cancer therapies.
15. Trivago N.V. (TRVG)
- IPO Date: December 1, 2016
- IPO Price: $11
- Valuation: $2.8 billion
Hotel search platform providing price comparison for accommodations.
Frequently Asked Questions
What does IPO mean?
IPO stands for Initial Public Offering.
It is the process by which a private company offers shares to the public for the first time to raise capital.
What is the IPO of 2016?
The largest IPO of 2016 was by Japanese messaging app Line, which raised $1.1 billion.
This was the biggest technology IPO of that year, debuting on both the New York Stock Exchange and the Tokyo Stock Exchange.
What companies came out in 2016?
Notable companies that went public in 2016 include:
- Line Corporation
- ZTO Express
- Twilio
- Nutanix
- Coupa Software
These companies span various sectors such as technology, logistics, pharmaceuticals, and food services.
