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WalkMe IPOs on NASDAQ a decade after launching

The company last closed a $90 million Series G in December 2019.

Yessi Bello-Perez

Technologist

Unleash Your Digital Adoption WalkMe, which is headquartered in San Francisco, has raised $307.5 million to over the past decade.

Digital adoption platform WalkMe (WKME) has IPO’ed on NASDAQ Global Select Market today with its shares pricing at $31.

The company’s digital adoption platform allows organizations to maximize the impact of their digital transformation.

[Read more: The Dawn of the Employee-centric business]

“Our goal has always been to make technology adapt to people, not the other way around. We are beyond grateful to have reached this milestone, and are excited for WalkMe’s future,” a statement reads.

“Going public means that we have succeeded in impacting the digital landscape on a massive scale and that our vision, to fundamentally transform the productivity of humanity by harnessing the power of technology, is within our reach. Our cloud-based Digital Adoption Platform (DAP) enables organizations to measure, drive, and act to accelerate their digital transformations and discover the full value of their software investments. We are proud to say that DAP has already powered the successful business transformations of about 2,000 companies around the world,” it adds.

WalkMe, which is headquartered in San Francisco, has raised $307.5 million to over the past decade.

Investors in the company include Vitruvian Partners and Insight Partners.

[Read more: Driving business value through user experiences]

The company, which was co-founded by Dan Adika, Rafael Sweary, Eyal Cohen, and Yuval Shalom Ozanna, last closed a $90 million Series G in December 2019.

WalkMe proudly co-sponsored UNLEASH’s ‘Why HR Projects Fail’ report. Check it out here.

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