Tech Company Inital Public Offerings
SendGrid IPO
Headquartered in Denver, SendGrid went public.
Transaction Overview
Company Name
Announced On
11/14/2017
Transaction Type
IPO
Amount
$131,200,000
Proceeds Purpose
The principal purposes of this offering are to increase our capitalization and financial flexibility and create a public market for our common stock. Although we have not yet determined with certainty the manner in which we will allocate the net proceeds of this offering, we intend to use the net proceeds from this offering for working capital and other general corporate purposes, including developing and enhancing our technical infrastructure, platform and services, expanding our research and development efforts and selling and marketing operations, meeting the increased compliance requirements associated with our transition to and operation as a public company, and expanding into new markets.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
1801 California St. 500
Denver, CO 80202
USA
Denver, CO 80202
USA
Phone
Undisclosed
Website
Email Address
Overview
SendGrid transparently handles DKIM, SPF, ISP rate limits, content inspection, bounces, and spam reports to help users achieve higher deliverability. SendGrid integrates in minutes by just changing three SMTP settings. We even assign our users their own IP addresses.
Management Team
Title
Name
Email & Social
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