Asana CEO Dustin Moskovitz. Photo credit: Seb Daly/Web Summit via Sportsfile, under Creative Commons license

Asana, the collaboration software startup, has formally filed for a public listing with the U.S. Securities and Exchanges Commission. The San Francisco-based company is looking to list on the New York Stock Exchange, with its listing being a direct rather than a conventional one, direct in the sense that Asana isn’t issuing new shares to raise money but rather transferring its existing share structure from the private to the public markets. As a private company, Asana has raised more than $200 million in equity funding and with a most recent valuation of $1.5 billion by investors. Among the company’s backers include the likes of Founders Fund, 8VC, G Squared, and Generation Investment Management.

Asana was famously co-founded by Dustin Moskovitz, an entrepreneur also known for co-founding social media giant Facebook. He founded the company in 2008 alongside Justin Rosenstein, another early Facebook employee. Asana develops collaborative software tools that are currently used by tens of thousands of organizations globally. The company has a continentally widespread business, with 700 employees across offices in the US, Dublin, London, Munich, New York, Reykjavik, Sydney, Tokyo, and Vancouver.

In its most recent fiscal year, Asana recorded $142.6 million in revenues, compared to $77 million in the year before. As revenues more than doubled, losses also followed suit, coming at roughly $119 million in Asana’s most recent fiscal year, compared to $51 million a year before. For the first three months of this year, Asana pulled in roughly $48 million in revenues, compared to $28 million in the same period a year earlier.

Asana revealed its formal filing for a public listing on the same day several other software companies also did theirs. They include Snowflake Computing, Sumo Logic, and gaming company Unity, all of whom revealed their S-1 filings today.