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Tech unicorn PagerDuty files for a $100 million IPO

March 15, 2019
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PagerDuty, a SaaS-based developer operations management platform, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

The company is reportedly valued at over $1 billion.

The San Francisco, CA-based company was founded in 2009 and booked $107 million in sales for the 12 months ended October 31, 2018. It plans to list on the NYSE under the symbol PD. PagerDuty filed confidentially on December 20, 2018. Morgan Stanley, J.P. Morgan, RBC Capital Markets and Allen & Company are the joint bookrunners on the deal. No pricing terms were disclosed.