General Information |
Business: |
Opower is a leading provider of cloud-based software to the $2.2 trillion utility industry. Utilities use our software platform to deliver key customer-facing applications that reduce energy demand and improve customer perception of the utility. Our software analyzes energy data and presents personalized insights to consumers in order to motivate reductions in energy consumption. These reductions are valued as a source of energy much like a conventional power plant. We believe that we are poised to transform the way the utility industry meets energy demand. |
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Industry: |
PREPACKAGED SOFTWARE |
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Employees: |
465 |
Founded: |
2007 |
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Contact Information |
Address: |
1515 North Courthouse Road, 8th Floor, Arlington, VA 22201, US |
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Financial Information |
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Revenues: |
$ 88.7 mil (last 12 months) |
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Net Income: |
$ -14.2 mil (last 12 months) |
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IPO Profile |
Symbol: |
OPWR |
Shares (millions): |
6.1 |
Price Range: |
$19.00 - $19.00 |
Est.$ Volume |
$ 115.9 mil |
Manager / Joint Managers |
Morgan Stanley/ Goldman Sachs |
Co Managers |
Allen & Company/ Pacific Crest Securities/ Canaccord Genuity/ Cowen and Company |
Expected to Trade |
4/4/2014 |
Status |
Priced |
SCOOP RATING |
Available only to Subscribers |
RATING CHANGE |
Available only to Subscribers |
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