image credit : Anaplan

U.K originated and San Francisco based cloud software unicorn Anaplan has now filed for an IPO just weeks after nabbing former Tesla chief accounting officer Dave Morton for a CFO position at the company.

Anaplan has filed a registration statement on Form S-1 with the Securities and Exchange Commission for an offering of its stock although the number of shares to be offered and the price range for the offering has not been determined yet.

Founded 12 years ago, Anaplan has raised around $300 million across several rounds in total and was last valued at $1.4 billion in a last year funding round. Notable investors include Coatue Management, Premji Invest, Shasta Ventures, Granite Ventures and Meritech Capital.

The company recorded revenues of $168.4 million amid a net loss of $47.6 million for its fiscal 2018 year while having 1,102 employees in total from its count. Notable customers from over 850 firms using its software include Target, BlaBlaCar, Sonos, Docusign, Booking.com, Mcafee, HP, Activision, VMware, United Airlines, Zillow, Box, Pandora and Autodesk among others.

Prior to its fiscal 2018 year, The company inked $120 .5 million in revenue amid a net loss of $40.2 million. It plans to list under the ticker ‘PLAN’ at an yet unspecified exchange with the likes of Goldman Sachs, Barclays and Morgan Stanley listed as underwriters for the public offering.

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