Zuora IPO
Zuora was a leading subscription management platform that helped businesses manage recurring revenue models and subscription billing. The company went public in 2018 but was subsequently taken private by Silver Lake and GIC in 2022.
Key Facts
| Industry | Subscription Management Software |
| Founded | 2007 |
| Headquarters | Redwood City, CA |
| Employees | ~1,200 |
| Website | zuora.com |
| Funding | Taken private by Silver Lake and GIC for $1.7B in 2022 |
About Zuora
Zuora built the foundational infrastructure that powers the subscription economy, providing billing, revenue recognition, and subscription management solutions for businesses transitioning from traditional sales models to recurring revenue streams. The company's platform handles complex subscription scenarios including usage-based pricing, hybrid models, and multi-entity billing across global markets. Zuora processes billions in subscription revenue annually for over 1,000 customers.
After going public in 2018, Zuora was taken private by Silver Lake and GIC in 2022 for $1.7 billion, reflecting the strategic value of subscription infrastructure as more businesses adopt recurring revenue models. The company's Subscribed methodology has influenced how enterprises think about customer relationships, moving from ownership-based transactions to ongoing service relationships. Zuora's platform is particularly strong in complex B2B scenarios where traditional billing systems cannot handle the intricacies of modern subscription models.
IPO Status
Zuora completed its IPO in April 2018, raising approximately $154 million and trading on the New York Stock Exchange under the ticker ZUO. The subscription management platform initially performed well as a public company, benefiting from the growing trend toward subscription-based business models across industries. However, like many software companies, Zuora faced challenges with growth and profitability as a public entity. In 2022, Zuora agreed to be acquired and taken private by Silver Lake Partners and GIC (Singapore's sovereign wealth fund) in a deal valued at approximately $1.7 billion. The take-private transaction was completed in 2022, removing Zuora from public markets after about four years as a publicly traded company. The company now operates privately under the ownership of its private equity sponsors, focusing on growth without the pressures of public market quarterly reporting.
Competitors
Frequently Asked Questions
Does Zuora have a stock?
Yes, Zuora had an IPO in April 2018, but the company has since been taken private. Zuora was acquired by Silver Lake Partners and GIC in 2022.
When is the Zuora IPO date?
Zuora already completed its IPO in April 2018, but was subsequently taken private in 2022. Any future IPO would depend on the current private owners' strategic decisions.
How can I buy Zuora stock?
Zuora stock can no longer be purchased as the company was taken private in 2022 by Silver Lake Partners and GIC. The stock no longer trades on public exchanges.
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