Talkdesk IPO: How to buy this cloud contact centre's stock?

Published on March 03, 2022 03:17 AM EST

Talkdesk IPO: How to buy this cloud contact centre's stock? — Image source: © Profitimage | Megapixl.com

Highlights:

Some reports have claimed that Talkdesk IPO could happen sometime this year.

Talkdesk reportedly got in touch with underwriters and confidentially filed documents with the Securities and Exchange Commission (SEC).

Between 2019 to 2021, Talkdesk introduced over 30 product innovations and expanded into new markets.

San-Francisco-based cloud contact centre solution and artificial intelligence (AI) software provider Talkdesk Inc. is reportedly looking to go public in the US equities markets.

Talkdesk reportedly got in touch with underwriters and confidentially filed documents with the Securities and Exchange Commission (SEC).

In August 2021, Talkdesk announced that its valuation was more than US$ 10 billion after it raised US$ 230 million in a Series D funding round.

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After the funding round, Talkdesk secured a place among the highly valued private companies in the category of software-as-a-service (SaaS) providers.

All you need to know about Talkdesk IPO

As of now, the company has not announced its initial public offering (IPO) plans officially. Some reports have claimed that Talkdesk IPO could happen sometime this year.

Suppose the company has confidentially filed for an IPO. In that case, interested investors will have to wait for the company to file a registration statement with the SEC to know more about the IPO details.

If and when the company receives approval from the SEC for an IPO, retail investors could get a chance to invest in the pre-IPO stocks.

Bottom line

As of August last year, Talkdesk had raised US$ 498 million in total. After the Series D funding round, the cloud-based contact centre added Sydney Carey as its chief financial officer, known to be a Saas-industry veteran.

Since its launch in 2011, Talkdesk has grown significantly, and it secured a place on the Forbes Cloud 100 for the third consecutive year in 2021.

The San Francisco-based company added new investors like TI Platform Management, Alpha Square Group, and Whale Rock Capital Management in the last funding round.

Between 2019 to 2021, Talkdesk introduced over 30 product innovations and expanded into new markets like Canada, Brazil, Australia, Ireland, France, Netherlands, Spain, Southeast Asia, Italy, and Germany.

In 2020, the company set a record by doubling its employees to approximately 2,000, and it could consider an IPO for further expansion.

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Potential investors could be looking for Talkdesk IPO plans. However, the recent market volatility due to ongoing geopolitical tensions between Ukraine and Russia and a chance of interest rate hikes have already affected several public debut plans.

Please note, the above content constitutes a very preliminary observation or view based on digital trends and is of limited scope without any in-depth fundamental valuation or technical analysis. Any interest in stocks or sectors should be thoroughly evaluated taking into consideration the associated risks.

Raza Naqvi

Author

Raza Naqvi - Financial Journalist
1007 Posts
Raza comes from a hard-news background and is an experienced writer with a demonstrated history of working in reputed organizations like the United Nations, Indian Express, and Hindustan Times. Currently, he is exploring the financial world!...

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