Freshworks Inc.

Freshworks Inc. (FRSH) priced its initial public offering on Sep 22, 2021 at $36.00 per share, above its $32.00–$34.00 range, raising $1.03B, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $10.13B. Cooley advised the company and Orrick advised the underwriters.

Freshworks Inc. provides software-as-a-service products for businesses of all sizes. It began with Freshdesk for customer experience, added Freshservice for IT service management, and later expanded into customer relationship management with sales and marketing automation.

Status

IPO

Ticker

FRSH

Exchange

Nasdaq Global Select

Priced

Sep 22, 2021

IPO price

$36.00

Price range

$32.00–$34.00

Raised

$1.03B

Market cap at IPO price

$10.13B

First filed

Aug 27, 2021

Company counsel

Cooley

Underwriters' counsel

Orrick

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.