IPO Filing – Etsy, Inc.
Etsy, Inc., an online marketplace for buying and selling handmade goods, craft supplies and antiques, filed to raise $100m in an initial public offering. The Company operates worldwide and has booked $196m in LTM Revenue with a 62% ’12-’14 Gross Rev CAGR.
Current Etsy investors include Accel Partners, Index Ventures, Tiger Global Management, and Union Square Ventures. Goldman Sachs, Morgan Stanley, and Allen & Co. have been selected as lead underwriters for the offering. Triton Research expects the deal to price on April 5, 2015.