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Klarna's Path to IPO

A Journey of Growth, Innovation, and Strategic Investment

EquityZen
Written by EquityZen
•
September 23, 2025
Klarna's Path to IPO

Founded

2005

Expected IPO Valuation

$14B

Based on ~$36 IPO Price

Growth Trajectory: From Funding to Public Valuation

Sources: Klarna Press, Business Insider, TechCrunch

Key Milestones

Return by Funding Round

Funding Round Year Valuation Issue Price 1 Return Multiple at IPO Price $16 2 (IPO Price/Issue Price at Round)

1 Source: EquityZen Capitalization Table Analysis

2 Source: Reuters

Overall Ownership Distribution

Source: Klarna Group PLC F-1/A

Principal Shareholder Breakdown & Expected Value

Source: Klarna Group PLC F-1/A

Expected Value at IPO calculated based on IPO price of $36.

This is not intended to predict or project the performance of Klarna. Not all pre-IPO companies will go public or be acquired, and not all IPOs or acquisitions are or will become successful investments. There are inherent risks in pre-IPO investments, including the risk of loss of the entire investment, illiquidity, and fluctuations in value and returns.

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