"Pre-IPO" refers to the period and activities that take place before a private company becomes publicly traded through an Initial Public Offering (IPO). It represents a unique opportunity for investors to buy shares in a company before its stock becomes available on public exchanges.

Here’s what the pre-IPO stage typically involves:

• Fundraising by Private Companies: During the pre-IPO phase, companies often raise capital from a select group of private investors. These funds are usually used to support business growth, product development, expansion efforts, or preparations for the upcoming IPO.
• Investment Opportunity: For investors, the pre-IPO stage offers a chance to invest early in a company's journey. Shares are typically offered at a lower valuation than what they may reach after the IPO, providing the potential for substantial returns if the company performs well post-listing.