ap

Skip to content

Denver email service SendGrid gets date for its stock market debut

Denver’s home-grown email services firm has talked IPO since last year

SendGrid moved into its new Denver ...
Provided by SendGrid
SendGrid moved into its new Denver headquarters at 1801 California St. in Nov. 2016.
Tamara Chuang of The Denver Post.
PUBLISHED:
Getting your player ready...

Denver-based SendGrid is scheduled to go public on Nov. 15, according to the schedule.

The email software service , priced between $13.50 to $15.50, according to regulatory filings made Thursday.  The sale could raise $100.3 million if shares hit in the middle of the range at $14.50. Its ticker will be “SEND.”

Company officials declined to comment on Friday.

SendGrid is one of the area’s home-grown tech startups that emerged as a leader of managing transactional emails — the digital receipts and customer messages from companies like Uber, eBay and Spotify.

From a three-person startup in 2009 to 408 employees today, SendGrid has since raised from investors. The company left Boulder and last year.

The company offered no immediate plans for the new funding but said it may be used for acquisitions and investing back into the business, and to help meet increased compliance requirements.

RevContent Feed

More in Business