Branding will take center stage in the upcoming IPO resurgence.
Fundraising and IPOs in tech have been as cold as ice for the past few years.đ„¶ This seems to be thawing, and the markets are signaling that IPO season is returning to focus.
For companies eyeing an IPO, the years leading up to the bell-ringing moment are critical. Itâs not just about growth metrics and operational milestones â your brand is one of your most powerful levers. A strategically built brand doesnât only prepare you for the market; it positions you to thrive in it. Most recently, Reddit proved this point before their IPO, which I believe was very successful. They took the time to ensure the visual, verbal, and positioning elements of the brand were ready to stand strong as a public company, proactively evolving the brand beyond its perception of a niche, nerdy internet forum. That investment also gave them the ability to scale post-IPO without slowing down to address any gaps in the brand.
An example closer to home for me is Braze, a platform that rebranded from Appboy in 2016 with help from our team and our friends at Lexicon. At the time, Braze had just secured $20 million in Series C funding and the team was ready to step into their next phase of growth. They knew their startup brand wouldnât carry them into the future they envisioned.
The result? A clear, compelling brand that paved the way for a public launch and an $80 million Series E funding round less than a year later. In 2021, Brazeâs IPO valued the company at $8.4 billion. đ€Ż
They understood years before that brand was going to play a critical part in their growth. Acting earlier than most set them up for BIG returns when it was finally time to ring that IPO bell.
Takeaway: Act early. Let your brand carry you forward. Be brand-ready for the next stage of your business growth, whether thatâs your first fundraise â or your IPO.