Faith-based organization management platform provider Gloo (GLOO.US) has an IPO price of 10-12 US dollars/share and plans to raise 100 million US dollars

Zhitong Finance App learned that Gloo Holdings, a company that provides a management and marketing platform for religious organizations, announced the IPO terms on Thursday. The company plans to issue 9.1 million shares at a price of 10-12 US dollars each, raising 100 million US dollars. Calculated at the midpoint of the proposed issue price range, Gloo Holdings' market capitalization will reach US$801 million.

Gloo Holdings provides a vertical platform for faith-based organizations (focusing on churches and Christian organizations). Its products include: Gloo360, an enterprise subscription platform for cloud services, IT hosting, cybersecurity, business intelligence and consulting; Gloo Workspace, which integrates communication, content and interaction tools; e-commerce market outreach; and Gloo Media Network, an advertising and donor interaction kit. As of July 31, 2025, the company served approximately 57,000 paying customers.

Gloo Holdings was founded in 2013, and as of July 31, 2025, its 12-month revenue was $41 million. The company plans to list on NASDAQ under the ticker GLOO. Roth Capital was the sole bookkeeper for this transaction. The company expects pricing for the week of November 17, 2025.