EverCommerce, which provides SaaS solutions to SMBs for business and customer management, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
EverCommerce is a leading provider of integrated, vertically-tailored SaaS solutions for service-based small- and medium-sized businesses, or service SMBs. Its platform spans the full lifecycle of interactions between consumers and service professionals with vertical-specific applications. The company serves over 500,000 customers across three core verticals: Home Services, Health Services, and Fitness & Wellness Services.
The Denver, CO-based company was founded in 2016 and booked $365 million in revenue for the 12 months ended March 31, 2021. It plans to list on the Nasdaq under the symbol EVCM. EverCommerce filed confidentially on March 31, 2021. Goldman Sachs, J.P. Morgan, RBC Capital Markets, KKR, Barclays, Deutsche Bank, Jefferies, Evercore ISI, Oppenheimer & Co., Piper Sandler, Raymond James, and Stifel are the joint bookrunners on the deal. No pricing terms were disclosed.
