Klarna Pops, lifting $ 1.4b, with sequoia as the largest winner

Been a long road for 20-year-old klarch fince To make it in a IPO. I am But Wednesday, the company successfully landed in the New York exchange, have has raised $ 1.4 billionlargely for their existing investors, rather than yourself.

The fantastic of the giant fiction to $ 40, above the announced range of $ 35 to $ 37, and went out of the $ 15 billion gate. Popped actions, opening $ 52, even if it is quickly setting around $ 46 in the middle of the day.

Of the 34.3 million KLARNED actions sold, only 5 million were sold by the company, she said. I am The rest was sold by existing investors such as the company’s largest capital city. Entity controlled by the Dutch BLIONEE HOLCH POVLSEN, silver, black wood, and many other time. Despite falling some actions, everyone is held on the majority of her palets.

IPO of the Figa made a similar thing. However, Often these existing investors don’t want to sell to the IPO priceA VC told Techcrunch. They tread in actions to help the company the DEMAND IPO match. Floating Fon Strees helps the company achieve a more across a curtailie, and perhaps the gate rating because to help the investitation that will not make with a small insurance.

In Klarna COOnger COOnger CEO sebasiTkowskowskowskows don’t sell any actions. Their game is worth $ 1.02 billion at the $ 40 and controls retail price for 7.5% of the company.

Victor Jacobsson, The co-founder that has left the company in 2012sold, but it was, and is always, a slightly larger sharp. He fell off 1.1 million actions and consent even more than 8% of the company.

Niklas Adalbert’s co-founder ever could be under 3 million actions, Clear is disclosed. I am

Sequoia is far the largest investor in Klarna, controlling almost 23% of the company. FAMILT VC Michael Moritz Who Purchase 2010’s Keal’s Pechall Sequhoy has added another member to the Klarna’s board. But it’s eventually classified when Andrew Andrew gathered his advice in 2024.

“This moment feeling surreal,” SiemiTkowski shared in posted remarks. I am “When we start Klarna in 2005, it was only wild idea, me, niklas, and vitor, fumble at more times than not to go.”

Continued: “Sold public in New York is huge. It’s not only a tapone; it’s a test that a lot of stubborn wander can take the world – and win.”

Interesting, however, $ 1.4 billion is not the record for the greater 2025. It is always held by coreweeave, that raised $ 1.5 billion in June. I am