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Squarespace is reportedly in talks to borrow up to $400 million ahead of a public listing - Business Insider

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Squarespace is reportedly in talks to borrow up to $400 million ahead of a public listing

Squarespace is talking to banks about borrowing as much as $400 million as it prepares to go public,The website-building platform wants to secure a credit facility before pursuing an IPO in 2021 or later, Bloomberg reported, citing people with knowledge of the matter. Squarespace was last valued at $1.

When that moment arrives, "Hopefully we'll be in charge of a public company, but otherwise, there's no rush to raise capital or anything like that," he added.in April: Acuity Scheduling, which helps businesses to manage their appointments online. Last month it snapped up Unfold, which helps users to create striking content for social media.

 

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