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Netskope, Inc.'s Path to IPO

Securing the Cloud, Unlocking the Market

Written by EquityZen

•

September 23, 2025

Netskope, Inc.'s Path to IPO

Founded

2012

Expected IPO Valuation

$7.3B

Based on ~$19 IPO Price

Growth Trajectory: From Funding to Public Valuation

Source: Pitchbook Data as of 9/12/2025

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: S-1 Filing, sec.gov

Principal Shareholder Breakdown & Expected Value

Source: S-1 Filing, sec.gov; Shares outstanding estimate does not include dilutive securities.

Expected Value at IPO calculated based on IPO price of $19.

This is not intended to predict or project the performance of Netskope, Inc. 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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