As so-called unicorns — or private companies that boast valuations in excess of $1 billion — become more and more commonplace, today’s IPO market has slowed significantly. If companies can continue to raise gobs of private equity, the thinking goes, then why withstand the scrutiny and liability of going public?
A handful of bold-faced IPOs have played out recently to mixed results. Alibaba raised $25 billion in the largest stateside offering of all time last September, though Etsy ETSY -3.02% , following a successful April debut, has since plummeted to become the worst performing IPO of 2015.
Nevertheless, more offerings could be on the way, according to Pitchbook. The private equity and venture capital research firm has compiled a list of 10 U.S.-based companies that are likely to go public over the course of the next year.
Given that most companies tend to IPO after a Series C round of funding and after having raised $200 million in total, Pitchbook narrowed its findings accordingly. Additionally, IT and health care tend to be the most popular business sectors, accounting for 28 percent and 39 percent of all VC-backed IPOs over the past 10 years.
Check out the full list of 10 below:
Year founded: 2009
VC money raised: $5.9 billion
Valuation: $42.8 billion
About: Perhaps no prospective IPO has been more fervently anticipated than that of Uber. As the second most valuable venture-backed company in the world — second only to Chinese electronics company Xiaomi — the ride-hailing platform currently operates in 57 countries. Uber is also eyeing a $2 billion round stateside and a $1 billion Chinese investment that could catapult its valuation to upwards of $50 billion.