Freshworks, formerly Freshdesk, was founded in 2010 by Girish Mathrubootham and Shan Krishnasamy. In an interview with Inc42 from July 2019, a company spokesperson stated the company would aim for an IPO “if and when a public offering proves opportune for the business.” These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Freshworks offers a variety of business software with solutions including call center management, customer messaging, sales CRM, and IT service management. The company has raised approximately $400 million in Venture Capital funding from investors including Sequoia Capital, CapitalG, Tiger Global Management, Accel, and Microsoft BizSpark. Per company press releases, Freshworks last raised $150 million in November 2019 at a post-money valuation of $3.5 billion.

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Learn More About Freshworks

To invest in Freshworks pre-IPO

Can you invest in Freshworks pre-IPO?

You may invest in Freshworks as it is a public company listed on the NASDAQ with ticker FRSH. But if you are an accredited investor interested in buying pre-IPO shares of a private company, you can learn more about how to invest in the private market or register today to get started.

Can you sell shares of Freshworks before it goes public?

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What is the pre-IPO value of my Freshworks shares?

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Is Freshworks a publicly traded company?

Freshworks became a public company following its IPO on 09/22/2021 and is now traded on the NASDAQ under the ticker FRSH.

To learn more about Freshworks potential IPO

Will Freshworks go IPO?

Freshworks became a public company following its IPO on 09/22/2021 and is now traded on the NASDAQ under the ticker FRSH.

What is Freshworks’ IPO price?

The IPO price of Freshworks is not currently available.

When was Freshworks founded?

Freshworks was founded in 2010.

What is Freshworks funding to date?

Freshworks has raised $326.56MM to date.

Who are Freshworks’s major investors?

Accel
CapitalG
Sequoia Capital India

Freshworks Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
11/13/2019 Series H $150MM $xx.xx $3.5B Accel, Capitalg, Sequoia Capital India
Price per Share
$xx.xx
Shares Outstanding
11,276,220
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Accel, Capitalg, Sequoia Capital India
07/31/2018 Series G $55MM $xx.xx $1.5B Accel, Capitalg, Sequoia Capital India
Price per Share
$xx.xx
Shares Outstanding
9,151,440
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Accel, Capitalg, Sequoia Capital India
11/01/2016 Series F $27.5MM $xx.xx $703.26MM Accel, Sequoia Capital India
Price per Share
$xx.xx
Shares Outstanding
8,708,920
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Accel, Sequoia Capital India
04/20/2015 Series E $50MM $xx.xx $488.91MM Accel, Capitalg, Tiger Global Management
Price per Share
$xx.xx
Shares Outstanding
21,292,060
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Accel, Capitalg, Tiger Global Management
06/12/2014 Series D $31MM $xx.xx $174.61MM Accel, Capitalg, Tiger Global Management
Price per Share
$xx.xx
Shares Outstanding
30,662,710
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Accel, Capitalg, Tiger Global Management
11/21/2013 Series C $7MM $xx.xx $66.73MM Accel, Tiger Global Management
Price per Share
$xx.xx
Shares Outstanding
15,306,750
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Accel, Tiger Global Management
04/26/2012 Series B $5MM $xx.xx $17.68MM Accel, Lee Fixel, Rajesh Rajasekar, Ravi Raman, Tiger Global Management
Price per Share
$xx.xx
Shares Outstanding
36,229,260
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Accel, Lee Fixel, Rajesh Rajasekar, Ravi Raman, Tiger Global Management
12/01/2011 Series A $1.06MM $xx.xx $4.26MM Accel
Price per Share
$xx.xx
Shares Outstanding
21,428,070
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Accel
Updated on: Dec 3, 2024

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