Compass, which runs an integrated software platform that serves real estate agents in the residential market, has seen a surge in online home transactions during the COVID-19 pandemic. The firm aims to raise up to $936m in the IPO, selling 36 million Class A shares priced between $23 and $26 per share, it said in a filing.
| less than a minute read
SoftBank-backed Compass targets $10b valuation in U.S. IPO
The company has raised $1.5 billion from investors including SoftBank, Goldman Sachs and Canada Pension Plan Investment Board. It was valued at $6.4 billion after its $370 million funding round in 2019.
