FatPipe (FATN) began trading on the Nasdaq on Tue 8 Apr 25

FatPipe, Inc. develops secure software-defined wide area network (SD-WAN), secure access service edge (SASE), and network monitoring service (NMS) software solutions for organizations in the United States and internationally.

Operations in the United States, Nigeria, Philippines, Australia, India, and South Africa.

• Sector: Technology
• Industry: Software - Infrastructure
• Full Time Employees: 154
• Founded in 1989
• HQ in Salt Lake City, Utah
• https://www.fatpipeinc.com

Ticker: FATN

Initial public offering of 695,656 shares of common stock at a public offering price of $5.75 per share.

 

EverCommerce (EVCM) began trading on the Nasdaq on Thur 1 July 21

EverCommerce Inc., together with its subsidiaries, provides integrated software-as-a-service solutions for service-based small and medium sized businesses.

The company was formerly known as PaySimple Holdings, Inc. and changed its name to EverCommerce Inc. in December 2020. 

• Sector(s): Technology
• Industry: Software—Infrastructure
• Full Time Employees: 2,300
• Incorporated in 2016 
• Headquartered in Denver, Colorado
• https://www.evercommerce.com

Health Catalyst (HCAT) began trading on the Nasdaq on Thur 25 July 2019

Health Catalyst, Inc. provides data and analytics technology and services to healthcare organizations.

• Sector: Healthcare
• Industry: Health Information Services
• Full Time Employees: 700
• HQ: Salt Lake City, Utah
• http://www.healthcatalyst.com

Health Catalyst priceD 7 mln share IPO at $26.00 per share, above the expected range of $24-25
Opened for trading at $37.50

Health Catalyst Inc. on Thursday raised $182 million in its initial public offering, with shares trading well above a projected price of $26. The Salt Lake City-based company develops software that uses artificial intelligence to analyze data for hospitals and health-care companies.

Zuora (ZUO) began trading on the NYSE on 12 April 2018

• cloud software company

Tien Tzuo, founder of Zuora

Coupa Software (COUP) began trading on the Nasdaq on 6 Oct 2016

Coupa Software Incorporated provides cloud-based business spend management platform.

• Sector: Technology
• Industry: Software - Infrastructure
• Founded in 2006
• Headquartered in San Mateo, California
• Full Time Employees: 1,202
• http://www.coupa.com

The ticker COUP was previously used  by Coupons.com (NYSE:COUP). The company changed its corporate name to Quotient Technology (NYSE:QUOT) in 2015.

The “spend management” software company priced its IPO at $18 and saw its shares almost double during its first day of trading.

With clients like Nike and Toyota, Coupa helps companies keep tabs on everyday expenditures and competes with divisions of Oracle and SAP. Founded a decade ago, they claim they’ve saved their customers $8 billion to date.

But they’re still not profitable. For the six months ending in July, Coupa lost $24.3 million, which compares to a loss of $25.1 million in the same period last year. Yet revenue is growing, up to $53.2 million from $31.6 million in the same time frames.

Workiva (WK) began trading on the NYSE on 12 December 2014

Description

Workiva Inc. is a United States-based company which provides cloud-based and mobile-enabled platform for enterprises to compile, report and analyze business data in real-time. The Company provides a secure product platform, Wdesk, which allows users to combine documents, spreadsheets, and presentations into one place and link the data together with live-linking technology, which enables users to make any changes to data, including numbers, text, charts and graphics. The Company provides stringent web security standards (SSAE16) to ensure that the data is always secure and never relinquish control of documents to third parties. The Company offer solutions for compliance, risk, sustainability and management reporting, as well as enterprise risk management. The Company provides its services to industries, such as consumer goods and retail, financial services, energy and utilities, life sciences, technology, entertainment, manufacturing, services and transportation.

Address

2900 University Blvd
AMES, IA 50010-8665
United States 

Website 

https://www.workiva.com

Key stats and ratios

	Q3 (Sep '14)	2013
Net profit margin	-47.87%	-30.26%
Operating margin	-44.98%	-29.95%
EBITD margin	-	-27.16%
Return on average assets	-67.13%	-40.43%
Return on average equity	-1233.19%	-999.81%
Employees	949

Paylocity files $115 million public offering

Paylocity Holding Corp., an Arlington Heights, Illinois company that makes payroll-processing software, plans to raise up to $115 million in a public offering.

Founded in 1997, Paylocity has nearly doubled revenue in the past three years.

It booked $77.3 million in revenue and $617,000 in profit in 2013. A year earlier, the company earned $1.7 million on $55.1 million in sales. Expenses rose sharply last year as the company added customers and invested heavily in research and development. It processed $30 billion in payroll in 2013.

Paylocity's primary customers are companies with less than 1,000 employees.

The company's prospectus, filed in secret under new securities rules, was made public late yesterday.

Paylocity is run by Steven Beauchamp, 42, who joined the company in 2007 from Paychex Inc. Founder Steven Sarowitz, 48, is chairman. He cashed out $22 million in 2012 in a sale to Chicago-based investment fund Adams Street Partners.

Underwriters include Deutsche Bank, Bank of America Merrill Lynch and Chicago-based William Blair.

Human-resources software is a hot area. Workday Inc. went public in 2012, enjoying one of the strongest tech IPOs at the time.