Looking to sell FrontApp stock or options?
FrontApp is the creator of a multi-channel inbox platform that consolidates various communication channels into a single location. It specializes in an email application that encourages internal dialogue, allows users to add comments on each message, and incorporates collaborative and social features. This not only enhances user communication efficiency but also saves time.
Streamlined Ventures, Jennifer Tejada, Eric Yuan, Michael Cannon-Brookes, Ryan Smith, Kima Ventures, Battery Ventures, Aaron Harris, Paul Buchheit, Index Ventures, Jay Simons, Threshold Ventures, Slow Ventures, Palm Drive Capital, Arjun Sethi, Stewart Butterfield, MicroVentures, Alexis Ohanian, David Morin, Social Capital, Frederic Kerrest, Jason Lemkin, Raymond Tonsing, DFJ Growth, Hiten Shah.
FrontApp 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 FrontApp stock. Depending on FrontApp’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 FrontApp 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 FrontApp stock in two ways. First, FrontApp 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 FrontApp stock. Note that all transactions in FrontApp 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.
FrontApp 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 FrontApp stock. Typically, shares of private companies like FrontApp 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 Jun 2022, FrontApp is reported to have closed an equity financing in which the investors valued the company at $1.72B. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of FrontApp 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 FrontApp is not currently publicly traded, it does not have a ticker symbol.
FrontApp has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though FrontApp 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 FrontApp 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.
Tai Software and Front Partnering to Revolutionize Freight - Headlines of Today
Customer communication software receives $65 million financing. Funding round doubles startup’s last valuation of $859 million
Salesforce Ventures and Battery Ventures led the Series D round, with Sequoia Capital, Threshold Ventures, Uncork Capital and PageDuty Inc. Chief Executive Officer Jennifer Tejada, also participating
Customer communication software maker FrontApp Inc. is now valued at $1.7 billion after receiving $65 million in financing led by Salesforce Ventures and Battery Ventures. This new round roughly doubles the $859 million valuation that the company raised at in…