REFILE-Freshworks valued at $10.13 bln after raising $1.03 bln in U.S. IPO - source

  • 9/22/2021
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(Corrects to add media packaging code) NEW YORK, Sept 21 (Reuters) - Business software firm Freshworks, which counts Accel and Sequoia Capital among its major backers, on Tuesday priced its U.S. initial public offering (IPO) well above the target range to raise $1.03 billion, a source familiar with the matter said. Freshworks priced 28.5 million shares at $36 per share, the source said, requesting anonymity as the talks are confidential. The IPO valued Freshworks at $10.13 billion.

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