Partner Grow
Weekly newsletter doing deep dives into the fastest-growing startups and helping you invest smarter in quality IPOs
Written by
Rohit Malhotra
Connect
S1
May 22, 2025
•
39 min read
Chime's S1: $1.64B revenue in 2024, 8.6M active members, an interchange driven model and its first positive EBITDA quarter in Q1 2025.
Nov 6, 2024
27 min read
Jul 10, 2025
8 min read
Figma's S1 shows $912M ARR, 88% gross margins and 132% net dollar retention. How its PLG to enterprise motion works and the key risks.
M&A
Nov 2, 2026
3 min read
Revenue and ARR multiples for every tech acquisition Partner Grow has broken down, from Hugging Face at 86x to Miro at 2.3x. Median about 9x.
Nov 1, 2026
Every IPO filing Partner Grow has broken down, with valuation, revenue, growth and profitability in one table. SpaceX, Oura, Nscale, Bending Spoons and more.
Oct 28, 2026
Salesforce is paying $5.66B for Braze, 6.2x revenue versus the market's 3.14x and still 27% below its IPO price. Why it paid up, and who loses.
Round
Oct 21, 2026
6 min read
Modal raised $750M at a $15.75B valuation, five months after its Series C, as run rate crossed $1B. What Accel is paying for, and why Sandboxes matters.
Oct 15, 2026
Firecrawl raised a $75M Series B led by Smash Capital, 13 months after a $14.5M Series A. What the round says about the web data layer for AI.
Oct 8, 2026
EliseAI raised $350M at a $4B valuation, double its Series E price. It runs in one in six US apartments and crossed $200M ARR. What a16z is buying.
Oct 1, 2026
10 min read
Nscale filed for a NYSE IPO at a reported $35B. Revenue up 1,252% to $140.6M, gross margin of negative 35% and a $1.02B net loss. What the S1 hides.
Sep 24, 2026
9 min read
Bending Spoons pays $1.79B for Miro, but strip out $435M of cash and enterprise value is $1.355B on about $600M ARR. The same playbook, twice in five weeks.
Sep 17, 2026
Oura filed at a reported $16B valuation. We break down $1.4B revenue up 74%, its 89% margin membership, 74% ring share and $1.2B of buybacks.