Tech Companies Set to Go Public in 2025

The tech industry is optimistic about the number of companies going public this year, thanks in part to a new presidential administration that has promised to ease regulations and support industries like cryptocurrency and artificial intelligence.

Early Signs of Bullishness

There were already early signs of bullishness, particularly in the fintech sector, thanks to the successful 2024 IPO of ServiceTitan, a SaaS platform for the trades.

Companies Planning to Go Public in 2025

TechCrunch has compiled a chronological list of companies that have either announced plans to go public this year or have been reported to have confidentially filed for a 2025 IPO. The list also includes companies that filed as far back as 2023 and could finally go public this year.

What is Confidential Filing?

The confidential filing process allows companies to submit their registration documents to regulators without making them public. However, companies can delay or even withdraw their filings, depending on market conditions.

Companies with Confirmed IPO Plans

• General Atlantic: The investment firm confidentially filed for an IPO in 2023, but there have been no public updates on its plans since then. General Atlantic has $96 billion in assets under management following its acquisition of U.K. PE firm Actis.

Companies with Confirmed IPO Plans

• Oyo: The SoftBank-backed Indian hotel aggregator confidentially filed in India in March 2023, after a prior attempt fell through. Oyo is reportedly planning to file again in the first quarter of 2025, after hitting a $3.8 billion valuation in 2024.