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EngageSmart Priced, NYSE: ESMT

Provides SaaS solutions for invoicing, payments, and health practice management.

Industry: Technology

Latest Trade: $34.12 0.00 (0.0%)

First Day Return: +31.2%

Return from IPO: +31.2%

Industry: Technology

We are a leading provider of vertically-tailored customer engagement software and integrated payments capabilities. We offer single instance, multi-tenant, true Software-as-a-Service (“SaaS”) vertical solutions that are designed to simplify our customers’ engagement with their clients by driving digital adoption and self-service. As of June 30, 2021, we served over 68,000 customers in the SMB Solutions segment and over 3,000 customers in the Enterprise Solutions segment across five core verticals: Health & Wellness, Government, Utilities, Financial Services, and Giving. Our SaaS solutions are purpose-built for each vertical we serve and they simplify and automate mission-critical workflows such as scheduling, client onboarding, client communication, paperless billing, and electronic payment processing. In 2020, we estimate over 26 million consumers interacted with an EngageSmart solution. Our solutions transform our customers’ digital engagement and empower them to manage, improve, and grow their businesses. We believe the end-markets we serve are burdened by legacy systems and processes that result in operational inefficiencies and relatively low digital adoption from consumers. At the same time, consumers increasingly demand the convenient self-service capabilities and intuitive, frictionless, and personalized digital experiences that have become commonplace in other industries.
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IPO News for EngageSmart
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IPO Data
IPO File Date 08/27/2021
Offer Price $26.00
Price Range $23.00 - $25.00
Offer Shares (mm) 14.6
Deal Size ($mm) $378
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/22/2021
Offer Price $26.00
Price Range $23.00 - $25.00
Offer Shares (mm) 14.6
Deal Size ($mm) $378
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Braintree, MA
Founded 2009
Employees 697
Website www.engagesmart.com