WalkMe, an AI-powered enterprise customer engagement and business insight platform, raised $287 million by offering 9.3 million shares at $31, within the range of $29 to $32.
WalkMe's no-code Digital Adoption Platform overlays any application and provides businesses with a unified view and insights across the organization's software stack to improve key business processes and drive customers to action. As of March 31, 2021, the company had roughly 2,000 customers including 155 of the Fortune 500, 368 customers with ARR over $100,000, and 22 customers with ARR over $1 million.
WalkMe plans to list on the Nasdaq under the symbol WKME. Morgan Stanley, Goldman Sachs, Citi, Wells Fargo Securities, Barclays, and BMO Capital Markets acted as joint bookrunners on the deal.
