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TaskUs Priced, Nasdaq: TASK

Provides outsourced customer support and content review services to tech firms.

Industry: Technology

Latest Trade: $29.45 0.00 (0.0%)

First Day Return: +35.2%

Return from IPO: +28.0%

Industry: Technology

We are a digital outsourcer, focused on serving high-growth technology companies to represent, protect and grow their brands. We serve our clients to support their end customers’ urgent needs, navigate an increasingly-complex compliance landscape, and handle sensitive tasks, including online content moderation. As of December 31, 2020, we had over 100 clients spanning numerous industry segments within the Digital Economy, including social media, e-commerce, gaming, streaming media, food delivery and ride sharing, HiTech, FinTech and HealthTech. Between 2019 and 2023, the verticals we prioritize are projected to grow at a compound annual growth rate (“CAGR”) of 18%. As our clients grow, we are the beneficiary of increased outsourcing volumes and incremental revenue as we enable our clients to focus on their core businesses. Between 2017 and 2020, our current clients with publicly disclosed financials grew their revenue at an estimated unweighted average CAGR of 40%. Over the same period, TaskUs achieved a revenue CAGR of 60% as we grew with our existing clients and added new clients.
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IPO News for TaskUs
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IPO Data
IPO File Date 04/12/2021
Offer Price $23.00
Price Range $22.00 - $24.00
Offer Shares (mm) 13.2
Deal Size ($mm) $304
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/10/2021
Offer Price $23.00
Price Range $22.00 - $24.00
Offer Shares (mm) 13.2
Deal Size ($mm) $304
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters New Braunfels, TX
Founded 2008
Employees 23,600
Website www.taskus.com