InvestCloud is considering an IPO in 2022
The company, which is projected to have more than $400 million in revenue next year, could command a valuation of $8 billion to $10 billion, based on comparable multiples of other companies.
InvestCloud Inc., a financial-technology provider whose backers include JPMorgan Chase & Co., is in the early stages of considering an IPO, amid strong investor demand for asset-management software providers, according to people familiar with the matter.
The company is talking to potent
Learn more about reprints and licensing for this article.