Deals
Rokt’s Valuation Hits $3.5 Billion After Secondary Share Sale
- Rokt separately agrees to $300 million purchase of mParticle
- E-commerce group has plans to go public in first half of 2026
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E-commerce company Rokt has agreed a secondary share sale with investors including Tiger Global Management at a $3.5 billion valuation, ahead of plans to go public next year.
Tiger Global, Square Peg Capital, Barrenjoey and SecondQuarter Ventures are among those that will buy $335 million in shares from some existing investors in New York-based Rokt. Board members including John Ho, Terry Bowen and Karen Katz are also buying shares, according to a statement on Thursday.