Although 2024 was another exceptionally lackluster year for new public offerings, the IPO market could gain momentum in 2025 after its three-year lull. Yes, many large private companies still have stockpiles of capital that have helped tide them over in recent years as they wait for the public markets to improve, but eventually every venture-backed startup needs to exit, whether it be through an acquisition or in a public-market debut.
With that in mind, here are 13 companies that the Crunchbase News team thinks could be top contenders to go public if our 2025 market forecast bears out.
Enterprise tech and AI
Cerebras Systems: Yes, this one is kind of cheating. Cerebras should likely already be public. It filed to go…































