General Information |
Business: |
We provide enterprises with customized identity security software. (Incorporated in Delaware)
We offer a range of solutions to meet the varied needs of our customers across multiple deployment options, including Identity Security Cloud, our SaaS-based cloud solution built on our unified platform, Atlas, and IdentityIQ, our customer-hosted identity security solution. These solutions are designed to enable our customers to make more effective decisions regarding access, improve security processes, and provide them with a deeper understanding of identity and access.
Note: Net loss and revenue are for the 12 months that ended Oct. 31, 2024.
(Note: SailPont disclosed its IPO’s terms on Feb. 4, 2025, in an S-1/A filing: 50.0 million shares at a price range of $19.00 to $21.00 to raise $1.0 billion ($1,000.0 million) – if the IPO is priced at the $20.0 mid-point of its range. Of the 50.0 million shares in the IPO, SailPoint is offering 47.5 million shares, while the selling stockholders are offering 2.5 million shares.)
(Note: SailPoint filed its S-1 to go public on Jan. 17, 2025, without disclosing the terms for its IPO. Estimated IPO proceeds are $100 million, a placeholder figure, but some on Wall Street believe that this IPO could raise between $750 million and $1 billion. Background: SailPoint filed confidential IPO documents with the SEC on Sept. 12, 2024.)
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Industry: |
SERVICES - PRE-PACKAGED SOFTWARE |
Employees: |
2645 |
Founded: |
2005 |
Contact Information |
Address |
11120 Four Points Drive, Suite 100 Austin, TX 78726 (512) 346-2000 |
Phone Number |
(512) 346-2000 |
Web Address |
https://www.sailpoint.com/ |
View Prospectus: |
SailPoint Parent, LP |
Financial Information |
Market Cap |
$10931.2mil |
Revenues |
$824.2 mil (last 12 months) |
Net Income |
$-322.99 mil (last 12 months) |
IPO Profile |
Symbol |
SAIL |
Exchange |
NASDAQ |
Shares (millions): |
50.0 |
Price range |
$19.00 - $21.00 |
Est. $ Volume |
$1000.0 mil |
Manager / Joint Managers |
Morgan Stanley/Goldman Sachs/J.P.Morgan/Evercore ISI/BofA Securities/Barclays/Jeffries/RBC Capital Markets/BMO Capital Markets/BTIG/Mizuho/Piper Sandler/TD Cowen/Truist Securities |
CO-Managers |
Netrex Capital Markets/Academy Securities/CastleOak Securities/Penserra Securities/R. Seelaus & Co. |
Expected To Trade: |
2/13/2025 |
Day:
|
Thursday |
Quiet Period Expiration Date: |
Available only to Subscribers |
Lock-Up Period Expiration Date: |
Available only to Subscribers |
SCOOP Rating |
Available only to Subscribers |
Rating Change |
Available only to Subscribers |