Gloo Holdings Prices $72.8 Million IPO on Nasdaq, Expanding Faith-Focused Technology Platform

Gloo Holdings, Inc. has priced its initial public offering of 9.1 million shares of Class A common stock at $8 per share, generating approximately $72.8 million in gross proceeds before underwriting discounts and commissions. The technology platform, which serves the faith and flourishing ecosystem, will begin trading on the Nasdaq Global Select Market under the symbol GLOO, with the offering expected to close on November 20, 2025, subject to customary closing conditions.

The company has granted underwriters a 30-day option to purchase up to 1.365 million additional shares, which could increase the total offering size. Roth Capital Partners is serving as sole book-running manager for the offering, with The Benchmark Company, Craig-Hallum Capital Group, Lake Street Capital Markets, Loop Capital Markets, and Texas Capital Securities acting as co-managers. The full details of the offering are available in the company's press release at https://ibn.fm/GBpoR.

This IPO represents a significant development for faith-based technology platforms seeking public market funding. Gloo serves over 140,000 faith, ministry and nonprofit leaders through its technology platform that provides values-aligned artificial intelligence, resources, insights and funding solutions. The company's mission centers on helping people and communities flourish while enabling organizations to thrive through specialized technology services.

The offering's importance extends beyond the immediate capital raise, signaling growing investor interest in technology platforms serving specific community ecosystems. As faith-based organizations increasingly adopt digital solutions for community engagement, resource management and organizational development, Gloo's public market debut could pave the way for similar platforms to access public capital markets. The successful pricing and upcoming trading on a major exchange demonstrates market validation for technology companies focused on serving religious and nonprofit sectors.

For the broader technology investment community, Gloo's IPO represents diversification within the sector, moving beyond traditional consumer or enterprise software companies to include platforms serving specific community needs. The involvement of multiple established financial institutions as underwriters suggests institutional confidence in both the company's business model and the market potential for faith-focused technology solutions. As organizations across various sectors seek values-aligned technology partnerships, Gloo's public offering could influence how investors evaluate companies at the intersection of technology and community service.

The capital raised through this offering will likely support Gloo's expansion of its technology platform, potentially accelerating development of its AI capabilities and expanding services to more faith-based organizations. For current users of Gloo's platform, the public offering could mean enhanced resources and more robust technology solutions as the company gains access to additional capital for research, development and market expansion. The offering also provides transparency through public reporting requirements, giving stakeholders clearer insight into the company's operations and financial performance moving forward.