AI hardware startup Plaud eyes a 2028 U.S. public listing after reaching $100M in ARR and a $1B valuation, supported by a growing global user base and a new Singaporean regional hub.
Plaud targets a U.S. IPO in 2028 after surpassing $100M ARR and a $1B valuation, indicating strong private growth but no current public market impact.
Vertex Holdings is Plaud's largest investor, indirectly exposed to a potential future IPO but with no direct trading impact.
Temasek owns Vertex Holdings and thus has indirect private-market exposure to Plaud, but no public-market impact.
Plaud, the AI-powered note-taking device maker, plans a U.S. initial public offering by 2028. The company, which recently surpassed $100 million in annual recurring revenue and a $1 billion valuation, is currently profitable and expanding its global footprint with a new regional hub in Singapore.
Plaud develops AI-powered note-taking hardware and software, including the Plaud Note device, which transcribes and summarizes phone conversations.
Vertex Holdings, which is a subsidiary of the Singaporean state investment firm Temasek Holdings, is Plaud's largest investor.