Looking to sell Assembled stock or options?
Assembled operates a workforce management platform designed to empower organizations in decision-making. Their platform assists teams in predicting support volume, scheduling, building and managing team timetables, and uncovering insights to enhance operations. This enables organizations to effectively forecast, schedule, and analyze in order to scale their customer support services efficiently.
Alison Pickens, Basis Set Ventures, Earl Grey Capital, Jay Simons, New Enterprise Associates, Emergence (Financial Services), Des Traynor, Felicis, Stripe, SignalFire, Neo (Consulting Services (B2B)), Hilarie Koplow-McAdams, Jack Altman.
Assembled is currently a private company. This means that the company is not listed on any public exchange and so there is no public market for its stock. However, there may still be ways to monetize Assembled stock. Depending on Assembled’s policies, you may be able to: (1) find a private buyer in the secondary market to purchase your stock, (2) borrow against your stock, or (3) exchange Assembled stock into the Collective Exchange Fund for a limited partnership interest and then borrow non-recourse against your interest to generate immediate cash. This last alternative can be much quicker and net you more after-tax cash than your other options. An exchange into our fund also reduces your risk by diversifying your holdings out of an over-concentrated position.
Collective Liquidity can provide liquidity to shareholders of Assembled stock in two ways. First, Assembled employees can exchange shares into the Collective Exchange Fund and then borrow non-recourse to generate immediate cash. This can net you more after-tax cash than a stock sale. It also reduces your risk by diversifying your holdings out of an over-concentrated position. In some cases, Collective may also be able to purchase your Assembled stock. Note that all transactions in Assembled shares are subject to the company’s policies regarding secondary transactions. Schedule a call with a Collective Liquidity representative to learn more about your private market liquidity alternatives.
Assembled stock is not listed on any public exchange and so there is no public market for its shares. Therefore, there is no single, centralized price for Assembled stock. Typically, shares of private companies like Assembled are set with buyers in one off negotiations. Collective Liquidity, however, uses a proprietary algorithm to determine its bids so we almost always have an immediately actionable price for you.
On May 2022, Assembled is reported to have closed an equity financing in which the investors valued the company at $462M. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Assembled shares outstanding assuming the conversion of all stock options, warrants, etc.
Tickers are used to identify company’s shares on public markets like the NYSE or Nasdaq. Because Assembled is not currently publicly traded, it does not have a ticker symbol.
Assembled has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Assembled is a well-known, successful company, there can be no assurance that it will ever go public or be sold. Because of the risk this imposes on Assembled shareholders, many investors elect to gain liquidity for at least some of their shares before the IPO. Schedule a call with a Collective Liquidity representative to discuss your private market liquidity alternatives.