Zuora, Powering the Subscription Economy, IPO Jumps 43% Based on Strong Operating Metrics
Subscription revenue management SaaS vendor Zuora’s IPO on Thursday, priced at $14, closed at $20 and valued the company at $2B. 2018 is shaping up to be a banner year for B-2-B SaaS IPOs: Dropbox and Zuora already have listed, Docusign, Pluralsight, Smartsheet have filed and Qualtrics, Apttus, Github, SurveyMonkey and Slack are expected to file this year as well. It’s worth taking a look at Zuora’s operating metrics over the 3 years leading up to last week’s IPO as an example of a successful enterprise SaaS company.
April 17, 2018