Enterprise

$2 billion SurveyMonkey just confidentially filed to go public after almost 20 years as a private company

Zander Lurie Sun Valley
SurveyMonkey CEO Zander Lurie. Getty / Drew Angerer
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  • SurveyMonkey's parent company, SVMK Inc., has confidentially filed to go public.
  • SurveyMonkey was last valued at $2 billion in 2014, though we don't have any indication that it will go public at that valuation.
  • It would be the latest enterprise software company to go public in a wild year for initial public offerings.

SurveyMonkey, a dot-com-era survey-software company, has made a big move toward going public.

SVMK Inc., the survey site's corporate parent, confidentially filed a draft S-1 with the Securities and Exchange Commission, it announced on Monday.

It isn't clear how many shares would be offered and at what price, though the company said its initial public offering "is expected to commence" once the SEC reviews its documents.

SurveyMonkey, founded in 1999, was last valued at $2 billion in a 2014 private-equity growth round, according to PitchBook.

It's been a busy year for enterprise tech companies looking to enter the public markets. Dropbox went public at an $11 billion valuation at the end of March and is now worth about $17 billion.

The software companies Zscaler, Zuora, and Smartsheet all went public in the first half of the year.

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Becky Peterson was formerly a tech features correspondent focused on long-form profiles and investigations into the most interesting people and companies at the intersection of technology and finance.She's broken news on major tech stories including Palantir's work on Project Maven, Peter Thiel's $18 million estate in Miami (which was once featured on MTV's 'The Real World'), Jeffrey Epstein's tour of SpaceX, and Uber CEO Dara Khosrowshahi's insistence that employees take "the D."Previously, she covered enterprise tech and tech investment banking with a focus on M&A, IPO and venture capital deals in San Francisco. She graduated from New York University with a master's degree in media, culture and communication with an emphasis on technology and society. ExpertiseSilicon Valley, Venture Capital, Investment Banking, Jeffrey Epstein, Ghislaine MaxwellPopular articlesInside the turmoil at the Bill & Melinda Gates Foundation, where employees say divorce, Epstein, and vaccines have left some staffers polishing their résumésThe secret life of Ian Osborne, the shadowy 38-year-old cofounder of Chamath Palihapitiya's SPAC who has built the ultimate black book of billionairesSilicon Valley VCs are at war with the 'far left radicals' running CaliforniaInside the life of Ghislaine Maxwell's secret husband, a once-high-flying tech entrepreneur backed by Eric Schmidt who is now a central figure in one of the country's most high-profile legal casesRent the Runway CEO Jennifer Hyman, one of the most successful female founders, is fighting to save her companyJeffrey Epstein set Elon Musk's brother up with a girlfriend in effort to get close to the Tesla founder, sources sayA drunken late-night assault allegation has roiled the secretive world of Mark Zuckerberg's private family office. Personal aides are speaking out about claims that household staff endured sexual harassment and racism from their colleagues.