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Freshworks Priced, Nasdaq: FRSH

Provides a business SaaS for customer support and IT projects.

Industry: Technology

Latest Trade: $18.52 +0.17 (+0.9%)

First Day Return: +32.1%

Return from IPO: -49.0%

Industry: Technology

Our mission is to make it fast and easy for businesses to delight their customers and employees. We provide businesses of all sizes with modern SaaS products that are designed with the user in mind. We started with Freshdesk, our customer experience (CX) product, and later expanded our offering to include Freshservice, our IT service management (ITSM) product. We then expanded our product offering to include a more complete customer relationship management (CRM) solution, which includes sales force and marketing automation. Finally, business users can have the power of modern SaaS technology with the ease of use of the most widely used consumer internet services. As of June 30, 2021, approximately 52,500 businesses used our software to delight their customers and employees. At Freshworks, we build products that make it easier for businesses to delight their customers and employees. Our powerful software delivers the modern functionality and capabilities businesses need, while being intuitive and easy to use, rapid to onboard, agile, and affordable for organizations of all sizes. We build intelligence and automation into our products wherever possible to accelerate user productivity and allow them to quickly meet the increasing demands of customers and employees.
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IPO Data
IPO File Date 08/27/2021
Offer Price $36.00
Price Range $32.00 - $34.00
Offer Shares (mm) 28.5
Deal Size ($mm) $1,026
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/21/2021
Offer Price $36.00
Price Range $32.00 - $34.00
Offer Shares (mm) 28.5
Deal Size ($mm) $1,026
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Morgan Stanley
J.P. Morgan
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Company Data
Headquarters San Mateo, CA, United States
Founded 2010
Employees 4,300
Website www.freshworks.com

Freshworks (FRSH) Performance