Opower (OPWR)

Financial Snapshot (Last 12 Months):

Market Cap: $855.00M Revenues: $88.70M Net Income: $-14.20M

Deal Structure

Filing Date:March 3, 2014 Expected to Trade:April 4, 2014 Status:Priced Lead Underwriters:Morgan Stanley; Goldman Sachs Co-Managers:Allen & Company; Pacific Crest Securities; Canaccord Genuity; Cowen
Shares Offered:6.1M Deal Type:IPO Price Range:$19.00 Issue Price:$19.00


Business Profile

Opower is a leading provider of cloud-based software to the $2.2 trillion utility industry. Utilities use our software platform to deliver key customer-facing applications that reduce energy demand and improve customer perception of the utility. Our software analyzes energy data and presents personalized insights to consumers in order to motivate reductions in energy consumption. These reductions are valued as a source of energy much like a conventional power plant. We believe that we are poised to transform the way the utility industry meets energy demand.

Industry: Technology Founded: 2007 Employees: 465 Prospectus: Click Here

comments powered by Disqus