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Big data analytics company has confidentially filed to go public, the company Monday evening.

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The company has filed a draft S-1 registration document with the U.S. Securities and Exchange Commission, meaning right now the public can鈥檛 get a glimpse at Palantir鈥檚 financials or other business information. But it鈥檚 a significant step for the notoriously secretive company, which was founded in 2003 and remained private for so long.

Monday鈥檚 statement from Palantir confirms a report last month that the company was aiming to file confidentially to go public in the next few weeks. CEO also said on on HBO in May that the company may go public this year after nearly two decades as a private company.

“The real holdup at Palantir was we were building products and we needed to kind of get enough of them out so that people would see the robustness of our company, both internally and externally,鈥� Karp said, according to .

Just last month it was announced the company raised $500 million in a new round of funding from Japanese insurance holding company and $50 million from . Palantir has at least in funding, according to Crunchbase.

The company, which is based in Palo Alto, California, is backed by firms including , 听补苍诲 , per Crunchbase data. More of its investors can be found .

Palantir is among a wave of tech companies looking to go public in recent weeks after a COVID-19-induced lull in the IPO market. Companies like , 听补苍诲 have all gone through IPOs and been well-received by public investors. Other companies including and have reportedly filed confidentially to go public. And just last week, Minneapolis-based filed a public S-1 with the SEC.

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