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samsara.com

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Founded Year

2015

Stage

IPO | IPO

Total Raised

$1.23B

Date of IPO

12/15/2021

Market Cap

10.57B

Stock Price

19.40

About Samsara

Samsara (NYSE: IOT) provides Industrial IoT solutions to increase the efficiency, safety, and sustainability of the operations that power the economy. Its portfolio of IoT solutions combines hardware, software, and cloud to bring real-time visibility, analytics, and AI to operations. The company's suite of solutions includes vehicle telematics, driver safety, mobile workflow and compliance, asset tracking, and industrial process controls all in an integrated, open, real-time platform.

Samsara Headquarter Location

350 Rhode Island Street 4th Floor, South Building

San Francisco, California, 94103,

United States

415-985-2400

Latest Samsara News

16:23 ET Samsara Announces Exercise and Closing of Underwriters' Over-Allotment Option in Initial Public Offering

Jan 19, 2022

News provided by Share this article Share this article SAN FRANCISCO, Jan. 19, 2022 /PRNewswire/ -- Samsara Inc. ("Samsara") (NYSE: IOT ) announced today that the underwriters of the company's initial public offering ("IPO") exercised their previously disclosed over-allotment option and have purchased 3,546,882 shares of Class A common stock (the "Additional Shares"). The net proceeds to Samsara from the sale of the Additional Shares were approximately $77.9 million. After giving effect to the sale of Additional Shares, the total number of shares sold by Samsara in the IPO was 38,546,882 and net proceeds of the IPO were approximately $846.7 million after deducting underwriting discounts and commissions and before estimated offering expenses. Morgan Stanley, Goldman Sachs & Co. LLC, J.P. Morgan, and Allen & Company LLC acted as lead book-running managers for the IPO. RBC Capital Markets, Wells Fargo Securities, Evercore ISI, and William Blair acted as book-running managers for the IPO. Cowen, Wolfe | Nomura Alliance, Academy Securities, Loop Capital Markets, R. Seelaus & Co., LLC, Ramirez & Co., Inc., and Siebert Williams Shank acted as co-managers for the IPO. A registration statement relating to the sale of these securities has been filed with, and declared effective by, the Securities and Exchange Commission. The IPO was made only by means of a prospectus. Copies of the final prospectus related to the IPO may be obtained from: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526 or by email at [email protected] ; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (866) 803-9204, or by email at [email protected] ; or Allen & Company LLC, Attention: Prospectus Department, 711 Fifth Avenue, New York, NY 10022, by telephone at (212) 339-2220 or by email at [email protected] . This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Samsara Samsara is the pioneer of the Connected Operations Cloud, which allows businesses that depend on physical operations to harness IoT (Internet of Things) data to develop actionable business insights and improve their operations. Samsara operates in North America and Europe and serves tens of thousands of customers across a wide range of industries including transportation, wholesale and retail trade, construction, field services, logistics, utilities and energy, government, healthcare and education, manufacturing, and food and beverage. The company's mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy. SOURCE Samsara

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Expert Collections containing Samsara

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Samsara is included in 5 Expert Collections, including Internet of Things ( IoT ).

I

Internet of Things ( IoT )

3,747 items

Companies in the industrial internet of things space, including sensor analytics platforms, edge computing, asset tracking, and more.

S

Supply Chain & Logistics Tech

3,785 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

A

Auto & Mobility Tech

413 items

We define trucking tech broadly as companies developing technology-enabled services and products focused on the freight trucking industry, such as trucking-oriented marketplace platforms, fleet management solutions, and onboard monitoring and tracking systems.

T

Tech IPO Pipeline

568 items

A

Advanced Manufacturing

1,982 items

Samsara Patents

Samsara has filed 36 patents.

The 3 most popular patent topics include:

  • Network protocols
  • Diagrams
  • Sensors
patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/11/2021

1/4/2022

Web mapping, Road transport, Global Positioning System, Computer memory, Emergency communication

Grant

Application Date

5/11/2021

Grant Date

1/4/2022

Title

Related Topics

Web mapping, Road transport, Global Positioning System, Computer memory, Emergency communication

Status

Grant

Samsara Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Samsara Rank

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