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.
Date | Funding Round | Funding Raised | Price per Share | Last Known Valuation |
---|---|---|---|---|
11/13/2019 | Series H |
$150MM raised | $XXX.XX | $XXX.XX |
7/31/2018 | Series G |
$55MM raised | $XXX.XX | $XXX.XX |
11/1/2016 | Series F |
$27.5MM raised | $XXX.XX | $XXX.XX |
4/20/2015 | Series E |
$50MM raised | $XXX.XX | $XXX.XX |
6/12/2014 | Series D |
$31MM raised | $XXX.XX | $XXX.XX |
11/21/2013 | Series C |
$7MM raised | $XXX.XX | $XXX.XX |
4/26/2012 | Series B |
$5MM raised | $XXX.XX | $XXX.XX |
12/1/2011 | Series A |
$1.06MM raised | $XXX.XX | $XXX.XX |