Horizon Discovery managed to quadruple its value in the 10 month gap between its latest funding round and its impressive £68.6m IPO last month, according to Beauhurst’s research.
The company has gone from strength to strength since its incorporation in 2005 and has clearly gained the unwavering confidence of its VC investors, as well as its new AIM shareholders, contributing to its £120m market capitalisation.
The pre-IPO round in June 2013 attracted a number of high profile VCs, among them DFJ Esprit and Calculus Capital, and Beauhurst's research revealed a post-money valuation of £34m.
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