Confluent, Inc.

Confluent, Inc. (CFLT) priced its initial public offering on Jun 25, 2021 at $36.00 per share, above its $29.00–$33.00 range, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $9.09B.

Confluent, Inc. provides a data infrastructure platform for data in motion, built around Apache Kafka, to which it is a significant contributor. It licenses its software under a Confluent Community License and a commercial license, and aims to connect applications across organizations.

Status

IPO

Ticker

CFLT

Exchange

Nasdaq Global Select

Priced

Jun 25, 2021

IPO price

$36.00

Price range

$29.00–$33.00

Market cap at IPO price

$9.09B

First filed

Jun 1, 2021

Sector

Technology

Country / state

CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.