IPO Profiles
An Emerging Technology Leader in Healthcare Value-Based Care
Signify (SGFY) is an IPO from earlier this year that showed relative strength yesterday and nearing a multi-month basing pattern breakout, also a name that Ark Investment has been buying, so time to look closer at the name. SGFY is a leading healthcare platform that...
DoubleVerify (DV) a Strong Tangential Play on Digital Advertising Growth
DoubleVerify (DV) a 2021 IPO trading in a narrow range since its debut in April and back at its 21-EMA yesterday, poised for a breakout above $37 that measures out to $43-$45. DV is a leading platform for media measurement and analytics that authenticates the quality...
Procore Tech a High Growth Software IPO with a Bright Future as Construction is Digitized
Procore Tech (PCOR) came public in May with a successful IPO gaining 31% on its opening day. PCOR is a leading provider of cloud-based construction management software set on a path to transform one of the oldest, largest, and least digitized industries in the world....
Karooooo (KARO) an Attractively Valued Telematics Leader in International Markets
Karoooo/Cartrack (KARO) a recent IPO trading at a reasonable valuation that is worth taking a closer look at in a strengthening Telematics industry. KARO was founded in South Africa but now is headquartered in Singapore. Cartrack is a leading global provider of...
Zymergen (ZY) an Intriguing Disruptive Biofacturing Company with a Data Moat
Zymergen (ZY) a recent IPO trading back near its April debut price and an interesting story in the hot biologics space. Similar to a Biotech company these plays are dependent on the ability to reach commercialization, so there are plenty of risks, but also has...
IPO Profile: Monday.com (MNDY) Sees Massive Greenfield Opportunity in the Crowded Collaborative Work Space
Monday.com (MNDY) setting terms for their IPO this week offering 3.7M shares at $125-$140, raising $518M and valuing the company at $6.12B. The last funding round, per Bloomberg, valued the company at $2.7B in May 2020. The company is backed by some large VC names...
IPO Profile: Flywire (FLYW) a Intriguing Niche Play on International Payments Growth
Flywire (FLYW) an under-the-radar IPO set to debut today after pricing their deal at $24/share, selling 10.44M shares. Their valuation is $2.5B and deal is being run by Goldman, JP Morgan, Citi and BAML. FLYW has attracted a lot of VC money and recently raised a...
IPO Profile: Oatly (OTLY) an Attractive, Fast-Growing CPG Play On ESG, Millennial Trends
Oatly (OTLY) debuting this week after pricing their IPO at $17/share and then opening around $22, valuing the company at more than $10B. The Swedish company raised $1.4B. Blackstone is a 10% holder and they have other big name backers like Oprah and Starbucks CEO...
DigitalOcean (DOCN) a Differentiated Cloud Platform Focused on Small Businesses
DigitalOcean (DOCN) shares have now pulled back from its initial post-IPO strength and looks to be one of the more attractive sustainable growth stories with strong unit economics. DOCN is seeing strong growth, addresses a large $116B market opportunity, and has...
IPO Profile: Honest Co (HNST) Targets Fast-Growing Millennial Market for Household Goods and Personal Care
Honest Co (HNST) a notable IPO this week raising $400M, issuing 25.8M shares at $14-$17. The deal would value them at $1.6B. HNST is a consumer products company focusing on non-toxic products across baby care, skin and personal care, as well as household and wellness...