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Samsara Priced, NYSE: IOT

Develops fleet management and other Internet of Things solutions for businesses.

Industry: Technology

Latest Trade: $54.88 0.00 (0.0%)

First Day Return: +7.4%

Return from IPO: +138.6%

Industry: Technology

Samsara is on a mission to increase the safety, efficiency and sustainability of the operations that power the global economy. To realize this vision, we pioneered the Connected Operations Cloud, which allows businesses that depend on physical operations to harness Internet of Things (IoT) data to develop actionable business insights and improve their operations. We provide an end-to-end solution for operations: Our solution connects physical operations data to our Connected Operations Cloud, which consists of our Data Platform and Applications. Our Data Platform ingests, aggregates and enriches data from our IoT devices and a growing ecosystem of connected assets and third-party systems, and makes the data actionable for use cases through our Applications. Our Connected Operations Cloud captures data that was previously siloed and difficult to analyze in several different ways. For the many physical assets that are still offline, our solution includes IoT devices that capture data and connect it to the cloud. For the physical assets that are increasingly embedded with cloud connectivity, we partner with original equipment manufacturers (OEMs) to capture data via application programming interfaces (APIs).
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IPO Data
IPO File Date 11/19/2021
Offer Price $23.00
Price Range $20.00 - $23.00
Offer Shares (mm) 35.0
Deal Size ($mm) $805
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 12/14/2021
Offer Price $23.00
Price Range $20.00 - $23.00
Offer Shares (mm) 35.0
Deal Size ($mm) $805
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Morgan Stanley
Goldman Sachs
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Company Data
Headquarters San Francisco, CA, United States
Founded 2015
Employees at IPO 1,490
Website www.samsara.com

Samsara (IOT) Performance