HomeNewsBusinessStartupDecoding IPO-bound Freshworks in 5 charts

Decoding IPO-bound Freshworks in 5 charts

Girish Mathrubootham's enterprise software company, Freshworks could be valued at as much as $10 billion in its US IPO

Mumbai / August 30, 2021 / 13:25 IST
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Freshworks founder and CEO Girish Mathrubootham [Image: Facebook/rathnagirish]
Freshworks founder and CEO Girish Mathrubootham [Image: Facebook/rathnagirish]

Software firm Freshworks, over the weekend, filed its documents to go public in the US, a landmark moment for India's software startup ecosystem. Freshworks' prospectus reveals a lot about a relatively little-known sector and business, compared to consumer peers heading to the stock markets such as Policybazaar or the recently-listed Zomato.

Here's a quick look at Freshworks' key numbers.

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Freshworks lost around $10 million in the last six months with an annual revenue run rate of over $300 million

Freshworks' customers cut across categories, from large companies to mid-market firms. Getting large clients helps it grow business by cross-selling even without new clients