APPF News

Things just got Seres in the IPO market. Thirteen companies went public this past week, more than any week since October 2014. Seres Therapeutics skyrocketed 186% on its debut - the highest first-day pop since January 2014. The thirteen IPOs raised $1.9 billion, less than expected because 70%...read more

AppFolio, which provides a cloud-based platform for managing rental properties and legal cases, raised $74 million by offering 6.2 million shares at $12, at the low end of the range of $12 to $14. Existing investor IGSB planned to buy $20 million on the IPO. AppFolio plans to list on the NASDAQ under the symbol APPF. AppFolio initially filed confidentially on 4/17/2015. Morgan...read more

17 companies are on the calendar to go public this week and raise $2.5 billion. It should be the year's most active week in the IPO market; the second busiest week saw 10 IPOs in January. Investors have plenty of options this week, so expect IPO investors to demand discounts on some of the less hot...read more

AppFolio, which provides a cloud-based platform for managing rental property, filed on Monday with the SEC to raise up to $100 million in an initial public offering. AppFolio is one of three major players in rental property management software next to RealPage (NASDAQ: RP) and Yardi. The Goleta, CA-based company, which was founded in 2006 and booked $54 million in sales...read more