Tuesday, June 6, 2023
Home Industry Insights News CXM Company Sprinklr Files for Initial Public Offering

CXM Company Sprinklr Files for Initial Public Offering

Sprinklr, the customer experience management software company, filed for its initial public offering on May 28 with the U.S. Securities and Exchange Commission. In the IPO filing, the company has revealed a 19.3% increase in annual revenue, per Reuters.

“The company reported total revenue of about $386.9 million in the year ended Jan. 31, while its annual net attributable loss widened to $41.2 million from $39.1 million,” Reuters reported.

About Sprinklr

Sprinklr was founded in 2009 that provides cloud services that help large enterprises manage interactions with customers. The company provides five major services, including marketing, technical support and product feedback production. Now it has over 2,000 employees worldwide. In March, it filed for IPO confidentially in March.

About the author

Larissa Gaohttps://larissagao.com/
Larissa Gao is a senior student at the University of Missouri-Columbia, majoring in Convergence Journalism-Multimedia Production. She is passionate about storytelling and videography, and she is an aspiring journalist and screenwriter.

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