Friday, August 31, 2018

Qualtrics Seeks IPO Bankers, Says Report

Provo, Utah-based survey and analytics software developer Qualtrics is reportedly nearing an IPO, and has been interviewing investment bankers to run its IPO process, according to a report from Bloomberg. Bloomberg said Qualtrics could list on the public exchanges as early as this year. Qualtrics was last valued at $2.5 billion. Qualtrics is venture backed by Accel Partners, Insight Venture Partners, and Sequoia Capital. Ryan Smith is co-founder and CEO of Qualtrics. The company has raised $400M in total venture capital funding.