IPO Freshworks

Freshworks Inc. offers a suite of solutions to improve interactions with customers and manage business processes. Medium risk. Expected return – medium, up to 80%.

Freshworks SaaS products help manage their customer’s experience and improve employees’ efficiency inside an organization. They include call center solutions, AI-powered chatbots for customer support, automation of routine, repetitive tasks, management of various HR functions, and others.

Freshworks solutions cater to enterprises of all sizes. It has over 52,000 paying customers in more than 120 countries. Klarna, Coupa, Radisson Hotels, American Express, Hugo Boss, Radisson, Toshiba and Cisco are some of them. The company ranks No. 10 on the Forbes 2021 Cloud 100. It operates in two fast-growing markets, CRM and SSM. Its total addressable market may be equal to $120 billion by 2025.

Its last funding round in 2019 valued the company at $3.5 billion. The largest shareholders are Accel and Tiger Global Management. Freshworks is seeking to sell 28.5 million shares priced between $28 and $32 in the offering. Its value at IPO will approximate around $9 billion. According to our estimates, the value of Freshworks in the public market can reach $12-15 billion.

You can apply for this investment today until 19:00 UTC+3.