INSUBCONTINENT EXCLUSIVE:
the middle of its proposed $16 to $18 per-share range
Selling 8.8 million shares, Sprout raised just under $150 million in its debut.Underwriters have the option to purchase an additional 1.3
including the possible underwriter option, Sprout Social is worth about $814 million
First, the company raised just a little over $110 million while private, and will generate over $100 million in trailing GAAP revenue this
$100 million ARR mark between Q2 and Q3 of 2019
slower-growth SaaS companies
Worth $814 million now, we can surmise that Sprout priced at an ARR multiple of about 7.75x
