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Summary*

Globality, founded in 2015 and headquartered in Menlo Park, California, is a leading player in the autonomous procurement and sourcing technology sector. The company has developed an advanced artificial intelligence platform that streamlines the procurement process, from creating detailed project requirements to identifying suitable suppliers and providing negotiation insights.

Since its inception, Globality has demonstrated significant growth and attracted substantial investment. The company has successfully raised $310.3 million across multiple funding rounds, with its latest Series E round in January 2021 securing $138.3 million from investors including SoftBank and Sienna Investment Managers. This funding history underscores the confidence investors have in Globality's innovative approach to procurement solutions.

While there is currently no official news regarding Globality's IPO prospects, the company's strong financial backing and innovative technology position it as a notable player in the software and procurement industries. Globality's impressive list of key officers, including CEO and founder Joel Hyatt, brings a wealth of experience from companies such as Microsoft, eBay, and Accenture, potentially adding to the company's appeal for future investors.

As with any private company, various factors could influence Globality's decision to go public, including market conditions, growth trajectory, and strategic objectives. However, without official announcements or confirmed reports, it's important to note that any discussions about a potential Globality IPO remain speculative at this time.

How to invest in Globality

While Globality's IPO prospects remain uncertain, investors eager to gain exposure to innovative AI-powered procurement platforms don't have to wait. At Linqto, we offer members access to interests in pre-IPO private companies like Globality, potentially allowing you to benefit from their growth before they go public. Our platform provides opportunities to diversify your portfolio with lower minimum investments in emerging industry leaders, including those in the AI and enterprise software sectors.

*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.