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Zuora Priced, NYSE: ZUO

Provides a cloud-based subscription billing and management platform.

Industry: Technology

Latest Trade: $14.79 0.00 (0.0%)

First Day Return: +42.9%

Return from IPO: +5.6%

Industry: Technology

We provide cloud-based software on a subscription basis that enables any company in any industry to successfully launch, manage, and transform into a subscription business. Architected specifically for dynamic, recurring subscription business models, our solution functions as an intelligent subscription management hub that automates and orchestrates the subscription order-to-cash process, including quoting, billing, collections, analytics, and revenue recognition. We offer businesses the ability to meet the constantly-evolving needs of their subscribers, capitalize on new revenue opportunities, and accelerate business growth. An increasing number of industries are undergoing a transformation in business models as part of a broader shift to the Subscription Economy. Success in the Subscription Economy requires companies with legacy product-centric businesses to undertake a large-scale systemic shift in how they operate, reorienting themselves around their subscribers. As companies launch or grow a subscription business, they often conclude that traditional ERP-centric systems are inadequate. We target companies of all sizes, ranging from small businesses to some of the world’s largest enterprises. We currently serve more than 950 customers, including 15 of the Fortune 100.
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IPO News for Zuora
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IPO Data
IPO File Date 03/16/2018
Offer Price $14.00
Price Range $11.00 - $13.00
Offer Shares (mm) 11.0
Deal Size ($mm) $154
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 04/11/2018
Offer Price $14.00
Price Range $11.00 - $13.00
Offer Shares (mm) 11.0
Deal Size ($mm) $154
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters San Mateo, CA
Founded 2006
Employees 933
Website www.zuora.com