Gloo Holdings Prices $72.8 Million IPO on Nasdaq, Expanding Technology Platform for Faith Ecosystem

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 approximately $72.8 million in gross proceeds before underwriting discounts and commissions. The technology platform serving the faith and flourishing ecosystem granted underwriters a 30-day option to purchase up to 1,365,000 additional shares, potentially increasing the total offering size. Trading of Gloo 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 milestone for Gloo, which serves over 140,000 faith, ministry and nonprofit leaders through its technology platform. The company provides values-aligned artificial intelligence, resources, insights and funding designed to help people and communities flourish while enabling organizations to thrive. Based in Boulder, Colorado, Gloo has positioned itself as a leading technology platform specifically tailored to the unique needs of the faith ecosystem, an often underserved market in the technology sector.

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 the offering suggests strong institutional interest in Gloo's business model and growth potential within the faith technology sector. The full details of the offering are available in the company's official press release at https://ibn.fm/GBpoR.

The public listing provides Gloo with increased capital to expand its technology offerings and reach within the faith community. For investors, the IPO represents an opportunity to participate in a specialized technology company serving a substantial and loyal user base. The faith technology sector has shown resilience and growth potential, with organizations increasingly seeking digital solutions for community engagement, resource management, and operational efficiency. Gloo's public offering comes at a time when technology adoption within faith-based organizations has accelerated, creating new opportunities for platforms that understand the specific values and requirements of this ecosystem.

The successful pricing of Gloo's IPO may signal growing investor confidence in niche technology platforms serving specific communities. As faith-based organizations continue to embrace digital transformation, companies like Gloo that provide tailored solutions could see increased demand for their services. The capital raised through this offering will likely support Gloo's expansion of its AI capabilities, resource offerings, and funding mechanisms designed to support the flourishing of individuals and communities aligned with faith values. The public listing also provides greater transparency and accountability for the company as it serves its extensive network of faith leaders and organizations across the United States and potentially beyond.