SurveyMonkey files to go public
Though still unprofitable, the online survey platform has annual revenue over $200 million and a large user base.
Online survey platform SurveyMonkey filed to go public last week, asking for the ticker symbol SVMK.
Founded in 1999, the company lets users create, manage and distribute their own online surveys. The company is currently valued at $2 billion, and, according to the Form S-1 filed with the Securities and Exchange Commission, the IPO could raise as much as $100 million.
SurveyMonkey says it has over 16 million active users worldwide out of 60 million registered users, generating an average of 20 million+ answers to questions every day, for such purposes as determining Net Promoter Score data, analyzing employee engagement or conducting product research with potential customers.