Taking a company public is challenging. So it stands to reason that taking a company public in 2020 — a year when nearly every aspect of running a business has been turned on its head — would be that much harder. Yet, by our observation, more B2B SaaS companies have gone public at this point in 2020 than in 2019.
Here’s a look at the 16 B2B SaaS companies that held an IPO or otherwise went public in the first three quarters of the year:
SaaS Companies To Go Public in 2020
- One Medical
- Kingsoft Cloud
- ZoomInfo
- Agora
- Lemonade
- nCino
- Jamf
- BigCommerce
- Duck Creek Technologies
- Snowflake
- JFrog
- Sumo Logic
- Amwell Health
- Unity
- Palantir
- Asana
One Medical
IPO date: Jan. 30, 2020
One Medical is a membership-based and technology-powered primary care platform with seamless digital health and inviting in-office care, convenient to where people work, shop, live and click.
According to Alex Wilhelm, who covered the company’s IPO in TechCrunch, One Medical is “a healthcare provider with a technology and subscription twist” versus a SaaS company, but for this list, we’ll let it slide.
Kingsoft Cloud
IPO date: May 8, 2020
Kingsoft Cloud is a platform for businesses and developers, providing online cloud storage and cloud distribution services.
ZoomInfo
IPO date: June 3, 2020
ZoomInfo is a go-to-market (GTM) intelligence solution powering more than 15,000 companies worldwide.
Vroom
IPO date: June 8, 2020
Vroom is an end-to-end ecommerce platform that offers a better way to buy and a better way to sell used vehicles.
Agora
IPO date: June 25, 2020
Agora’s platform provides developers simple, flexible and powerful application programming interfaces, or APIs, to embed real-time video and voice engagement experiences into their applications.
Lemonade
IPO date: July 2, 2020
Lemonade is an insurance company powered by artificial intelligence and behavioral economics. Like One Medical, the insurtech company could be considered SaaS-adjacent, but still appears in many SaaS IPO conversations.
nCino
IPO date: July 13, 2020
nCino is a global provider of cloud-based software for financial institutions.
Jamf
IPO date: July 21, 2020
Jamf, an Apple Enterprise Management solution, extends the Apple experience people love to businesses, schools and government organizations through its software and the world’s largest online community of IT admins focused exclusively on Apple, Jamf Nation.
BigCommerce
IPO date: Aug. 4, 2020
BigCommerce is a leading software-as-a-service (SaaS) ecommerce platform that empowers merchants of all sizes to build, innovate and grow their businesses online.
Duck Creek Technologies
IPO date: Aug. 13, 2020
Duck Creek Technologies is a provider of SaaS-delivered enterprise software to the property and casualty insurance industry.
Snowflake
IPO date: Sept. 16, 2020
Snowflake allows customers to mobilize their data in ways previously unimaginable with the company’s cloud data platform — a solution for data warehousing, data lakes, data engineering, data science, data application development and data sharing.
JFrog
IPO date: Sept. 16, 2020
JFrog’s hybrid and multi-cloud DevOps platform empowers developers to code high-quality applications that securely flow to end-users without interruption.
Sumo Logic
IPO date: Sept. 17, 2020
The Sumo Logic Continuous Intelligence Platform automates the collection, ingestion and analysis of application, infrastructure, security and IoT data to derive actionable insights.
Amwell Health
IPO date: Sept. 17, 2020
Amwell is a telehealth platform, connecting and enabling providers, insurers, patients and innovators to deliver greater access to more affordable, higher quality care.
Unity
IPO date: Sept. 18, 2020
Unity is a platform for creating and operating interactive, real-time 3D (RT3D) content. Creators, ranging from game developers and architects to automotive designers, filmmakers and more, use Unity to make their creations come to life.
Palantir
IPO date: Sept. 30, 2020*
Palantir Technologies Inc. is a software company that builds enterprise data platforms for use by organizations with complex and sensitive data environments.
Asana
IPO date: Sept. 30, 2020*
Asana is a work management platform for teams.
Eyeing an IPO in 2021? Have other funding news to share? Contact us to learn how PANBlast can implement a PR strategy to support your SaaS business at every stage — from scale-up to publicly traded.
*Palantir and Asana went public through a direct listing versus a traditional IPO.