Freshworks priced its initial public offering at $36 a share Tuesday night, above its expected range and raising more than $1 billion.
The San Mateo, Calif.-based company, which provides customer experience and management services as well as IT management products, will sell 28.5 million shares, with an additional 2.
85 million shares to cover overallotments, raising more than $1 billion.Shares are expected to begin trading Wednesday on the Nasdaq Global Select Market under the ticker symbol “FRSH.”Read more: Freshworks IPO: 5 things to know about the customer software-as-a-service provider
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