Gloo, with former Intel CEO Gelsinger as tech head, seeks nearly $900 million valuation in IPO
Update: 2025-10-30
Description
Gloo Holdings, a faith-based tech company, is seeking a valuation of up to $873.4 million in its U.S. IPO, aiming to raise $109.2 million. Led by former Intel CEO Pat Gelsinger, Gloo offers tech tools to churches and plans to develop AI chatbots and virtual assistants. Despite a net loss of $69.8 million in H1, the company is confident in its AI expansion. Roth Capital Partners is the lead underwriter, as the market watches for the success of faith-based tech companies in the public sphere.
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