SoFi Raises $200m Ahead of IPO

Social Finance Inc., or SoFi, raised $200mn in a Series D funding round on February 3, 2015.  The round valued the peer-to-peer (P2P) student loan startup at $1.3bn.  Third Point Ventures led the round, which also included Wellington Management Company, Institutional Venture Partners and existing investors. SoFi has now raised $766m and is reportedly eyeing an IPO later this year.

Social Finance Inc. is a member 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 107 companies organized by investment theme.