Gloo Holdings Prices $72.8 Million IPO to Expand Faith-Based Technology Platform

Gloo Holdings, Inc. (NASDAQ: GLOO) has priced its initial public offering of 9,100,000 shares of Class A common stock at $8 per share, generating gross proceeds of $72.8 million before underwriting discounts and commissions. The technology platform, which serves the faith and flourishing ecosystem, has granted underwriters a 30-day option to purchase up to 1,365,000 additional shares. Trading of Gloo's shares is expected to begin on the Nasdaq Global Select Market under the symbol GLOO, with the offering scheduled to close on November 20, 2025, subject to customary closing conditions.

The IPO represents a significant development for the faith-based technology sector, as Gloo provides values-aligned artificial intelligence, resources, insights, and funding to help people and communities flourish while enabling organizations to thrive. The company serves over 140,000 faith, ministry, and nonprofit leaders through its platform, positioning itself as a leading technology provider in this specialized ecosystem. The successful pricing of the offering demonstrates investor confidence in Gloo's business model and growth potential within the faith and nonprofit technology market.

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 involvement of multiple financial institutions in managing the IPO underscores the transaction's significance and the broader market's recognition of faith-based technology as an emerging investment category. The offering's structure, including the underwriters' option to purchase additional shares, provides flexibility to meet potential investor demand while supporting the company's capital raising objectives.

The funds raised through this offering will enable Gloo to accelerate its platform development, expand its services, and potentially pursue strategic initiatives within the faith and flourishing ecosystem. As organizations increasingly seek technology solutions aligned with their values and missions, Gloo's public market debut creates new opportunities for growth and innovation in a sector that has traditionally received limited attention from public investors. The company's Boulder, Colorado headquarters serves as its operational base while it reaches faith and nonprofit leaders nationwide through its digital platform.

This IPO comes at a time when technology platforms serving specific community ecosystems are gaining traction in public markets. Gloo's focus on combining technology with values-aligned services addresses a growing need among faith-based and nonprofit organizations for digital tools that support their unique missions. The offering's successful pricing and upcoming Nasdaq listing provide Gloo with increased visibility and resources to scale its impact across the communities it serves. Additional information about the offering is available through the full press release at https://ibn.fm/GBpoR.