SimilarWeb IPO Info
Company Name: SimilarWeb
Stock Symbol: SMWB
Exchange: NYSE
Status: Priced
IPO Date: 5/12/2021
IPO Price:
22.00 (
-18.59%)
Underwriters
J.P. Morgan, Citigroup, Barclays, and Jefferies
Amount of Offering: N/A
Number of Shares Offered: 8 Mil
Shares Outstanding After Offering: N/A
Valuation: N/A
Company Description
SimilarWeb provides a 360° platform for digital intelligence that empowers its customers to win their markets. The company's proprietary technology analyzes billions of digital interactions and transactions every day from millions of websites and apps in more than 190 countries, and turns these digital signals into actionable insights.
The company has 800 employees across 10 global offices. It has 2,800+ customers, including brands like Lego, DHL, and Rakuten, as well as many SMBs.
In Q1 2021 the company hit $123M in ARR and grew 43% QoQ. Its total addressable market (TAM) is estimated at $34 billion.
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