NEW YORK—Business software firm Freshworks said it had priced its U.S. initial public offering well above the target range to raise $1.03 billion, valuing the Salesforce.com rival at $10.13 billion as hybrid work fuels demand for its products. Freshworks priced 28.5 million shares at $36 per share, the company backed by Accel and Sequoia Capital…
Salesforce Rival Freshworks Raises $1.03 Billion in US IPO, Valued at $10.13 Billion
Salesforce Rival Freshworks Aims for Nearly $9 Billion Valuation in US IPO
Freshworks Inc. is aiming for a nearly $9 billion valuation in a U.S. initial public offering, according to a regulatory filing by the business and customer engagement software company on Monday. The company, which rivals Salesforce.com Inc., said it would sell 28.5 million shares priced between $28 and $32. At the top end of the…
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