California-based SaaS company Freshworks is aiming for a valuation of $9B in its US initial public offering, from which it hopes to raise $800M. The company hopes to sell 28.5mn shares in the range of $28 to $32. If it’s able to sell at the top range, it will raise up to $925mn. The startup, which had filed paperwork for an IPO in late August, has applied to list its shares on NASDAQ under the name FRSH.
Freshworks aims to raise $800 M at valuation of $9B in US IPO