The Renaissance IPO Index has had a positive start to the third quarter, and this week reached its highest level since April 2022. Prior to yesterday’s sell-off, markets rallied from the past week as a cool inflation report and positive...read more
IPO Market Posts Another Record Quarter in a Record Year In the third quarter of 2021, 94 IPOs raised $27.6 billion, marking the busiest 3Q by deal count since 2000. Following an explosive second...read more
It was another busy week for the fall IPO market as 13 IPOs raised $4.6 billion led by restaurant payment processor Toast (TOST), which jumped 56% in its debut. Six SPACs also went public, and one IPO postponed: Canadian consumer products...read more
Freshworks, which provides a business SaaS for customer support and IT projects, raised $1.0 billion by offering 28.5 million shares at $36, above the upwardly revised range of $32 to $34. The company originally planned to offer its shares at $28 to $32, before...read more
The IPO Index reached a two-year high this week. Here are the biggest winners.
The Renaissance IPO Index has had a positive start to the third quarter, and this week reached its highest level since April 2022. Prior to yesterday’s sell-off, markets rallied from the past week as a cool inflation report and positive...read more
Updated: Renaissance Capital's 3Q 2021 US IPO Market Review
IPO Market Posts Another Record Quarter in a Record Year In the third quarter of 2021, 94 IPOs raised $27.6 billion, marking the busiest 3Q by deal count since 2000. Following an explosive second...read more
US IPO Weekly Recap: Toast gets buttered up in a 13 IPO week
It was another busy week for the fall IPO market as 13 IPOs raised $4.6 billion led by restaurant payment processor Toast (TOST), which jumped 56% in its debut. Six SPACs also went public, and one IPO postponed: Canadian consumer products...read more
Customer support software firm Freshworks prices IPO at $36, above the upwardly revised range
Freshworks, which provides a business SaaS for customer support and IT projects, raised $1.0 billion by offering 28.5 million shares at $36, above the upwardly revised range of $32 to $34. The company originally planned to offer its shares at $28 to $32, before...read more