Software Startup Freshworks Files for IPO With Losses Shrinking
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Freshworks Inc. filed for an initial public offering, contending its customer-relations management software is providing a step toward unified cloud services.
The company in its filing Friday listed the size of the offering as $100 million, a placeholder that will change when terms of the share sale are set. The potential competitor to far larger Salesforce.com Inc. was valued at $3.5 billion in a 2019 funding round.