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

Follow us on Google News:
 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.

Also Read: Why is Ocugen (OCGN) stock soaring? Here's what you must know

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.

Talkdesk IPO                                                                                          ©2022 Kalkine Media® 

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.

Also Read: Porsche IPO: Can Canadian investors buy the automaker's stock?

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.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Incorporated (Kalkine Media), Business Number: 720744275BC0001 and is available for personal and non-commercial use only. The advice given by Kalkine Media through its Content is general information only and it does not take into account the user’s personal investment objectives, financial situation and specific needs. Users should make their own enquiries about any investment and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media is not registered as an investment adviser in Canada under either the provincial or territorial Securities Acts. Some of the Content on this website may be sponsored/non-sponsored, as applicable, however, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used in the Content unless stated otherwise. The images/music that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Featured Articles

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK