SendGrid, which provides a cloud-based platform for email marketing, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering.
The Denver, CO-based company was founded in 2009 and booked $96 million in sales for the 12 months ended June 30, 2017. It plans to list on the NYSE under the symbol SEND. SendGrid filed confidentially on August 21, 2017. Morgan Stanley and J.P. Morgan are the joint bookrunners on the deal. No pricing terms were disclosed.
