Pipe

Other Financial Services · San Francisco, CA · Founded 2019 · Privately Held (backing)

Operator of a financial platform designed to help cloud service companies grow efficiently by providing non-dilutive funding. Pipe is based in San Francisco, CA and was founded in 2019. Its last reported valuation was $2 billion in Jul 2021. It has raised $453 million across 1 recorded round; the latest was an early-stage round in Oct 2023.

Last reported valuation
$2.0B
Oct 2026
Priced at
—
Total raised
$453.1M
Last round
Early Stage VC
Oct 2023
What is Pipe worth?
$2.0Blast reported valuation · Oct 2026

Pipe's last reported valuation, Jul 2021. Nothing priced has surfaced since.

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Valuation timeline

0 priced rounds · 33 daily marks since · Sep 2026 – Oct 2026
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Markrounds hold their value until the next priced eventMark, today
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Pipe funding history

1 rounds
DateRoundRaisedPost-money
Oct 2023Early Stage VC—▮
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Pipe valuation

Pipe's last reported valuation was $2 billion in Jul 2021. No priced round, secondary trade or fund mark has surfaced since.

How much has Pipe raised?

Pipe has raised $453 million in total; 1 of its rounds is on record. The most recent was an early-stage round in Oct 2023.

Comparable companies

Comparable other financial services names by valuation on PrivateMarketView: MoonPay ($5 billion), Taptap Send ($1.2 billion) and TRM Labs ($1 billion).

How Pipe's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Pipe, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by last reported valuation. Question about this number? Full methodology →

Frequently asked about Pipe

What is Pipe worth?
Pipe is valued at $2.0B as of Oct 2026. Pipe's last reported valuation, Jul 2021. Nothing priced has surfaced since.
How much has Pipe raised?
Pipe has raised $453.1M in total funding across 1 recorded rounds.
When did Pipe last raise?
Pipe last raised in Oct 2023 (Early Stage VC).