The online pollster company Survey monkey will now begin trading on Nasdaq stock market as a public enterprise. The firm will be one of the last recognizable names to get into the public domain this year.
The Inside Story
The two decades old company, which will be listed under the banner SVMK, priced its initial offering at $12 on Tuesday. The firm also increased its number of share to 15 million from 13.5 million. All in all, it raised $180 million from the I.P.O as well as $40 million dollars from Salesforce ventures.
In the forthcoming years, Survey Monkey aims to set a strongly performing public offerings. Over the last two weeks, business ranging from retail tech firms to online ticketing company have enjoyed strong debuts on the public marketplace. This is definitely a strong sign that indicates further growth for Survey Monkey.