logo_the-flow

affiliate news

Semrush is going public

2021.03.29

All-in-one SEO tool has raised $140 million for IPO after pricing its 10 million shares.

Founded by Oleg Shchegolev and Dmitri Melnikov, the SaaS company offers an SEO tool and browser extension to provide analytical data including website traffic, Google Ads keyword data, site audits, topic research, lead generation, and other SEO related data.

The company had 404,000 clients and 67,000 paying customers in 142 countries as of Dec. 31. Semrush also reported a $7M net loss for 2020 on $124.9M of revenues, improving on 2019’s $10.2M of red ink on $92.01M in sales.