Palantir Worth $20bn, Airbnb Hiring a CFO

Palantir, the secretive data and analytics company, disclosed a new fundraising round to the SEC yesterday.  The company issued $500mn worth of stock and has sold $450m so far.  This confirms recent reports that Palantir was doing a raise at a $20bn valuation.  Palantir is now the 4th most highly valued startup in the world behind Uber Technologies, Airbnb and Xiaomi.  Investors in Palantir include Founders Fund, 137 Ventures, Glynn Capital Management, Tiger Global Management and Reed Elsevier Ventures.

Airbnb, the online room rental service, is reportedly in talks to hire Blackstone’s CFO Laurence Tosi.  Airbnb hasn’t had a CFO since Andrew Swain left the company in September 2014.  Airbnb is reportedly in the process of raising $1bn at a $24bn valuation.  Investors in Airbnb include Andreessen Horowitz, Sequoia Capital, Greylock Partners, SV Angel, TPG, T. Rowe Price, and DST.

Palantir and Airbnb are members of the Triton Research IPO Watchlist, a continuously updating database of companies we expect to either IPO or be acquired.  The current IPO Watchlist is comprised of 106 companies organized by investment theme.