Sometimes it's good to talk, and it seems like cloud-based call center software maker Talkdesk agrees. The business is said to be preparing for a US initial public offering, and an IPO is expected to happen this year. The San Francisco-based company announced in August it had raised $230m in a Series D fundraising round that valued the company at more than $10b. As of August, the company has raised $498m in funding since its inception.
The good news keeps rolling in for the New York Stock Exchange with Asian beauty tech firm Perfect Corp, which has agreed to go public. Perfect Corp has agreed to a tie-up with Provident Acquisition Corp by merging with the blank-check firm in a deal that values it at $1b. Perfect helps companies like Estee Lauder (EL) and Macy’s (M) boost their digital offerings with augmented reality and artificial intelligence-powered try-ons and facial modeling. It already boasts an enviable roster of shareholders including Snap Inc (SNAP) and Goldman Sachs (GS).
Why it matters
With record-breaking IPOs and SPACs last year, we wonder if the rally will continue this year given the recent volatility in the markets — you know, geopolitics and all. After all, companies will want to max out their fundraising prospects when going public.
