For pre-IPO companies

IPO readiness software for pre-IPO companies

IPO readiness software helps a CFO build the investor list, the materials and the data room, put disclosure controls in place and start investor relations before the listing, so the company behaves like a public issuer before it becomes one.

CFO of a growth company working through an IPO readiness plan with her finance team

01 Readiness

The readiness work that sits with the CFO

The path to a listing has many workstreams: audit, controls, governance, legal structure, the equity story and the investors who will buy it. Banks, auditors and counsel own parts of it. The CFO owns the whole and needs one place to see where each part stands.

Issuers gives the CFO that place for the investor side and the disclosure side. The investor list, the materials, the data room, the disclosure calendar and the approval steps live in one workspace that keeps working after the listing.

That matters on day one as a public company. The CRM already holds two years of investor history, the Q&A library holds approved answers and the team already works with approvals and an audit trail.

Readiness board

Sample company

Investor target list built Done
Equity story and teaser drafted Done
Data room structure approved by counsel In review
Disclosure calendar with owners Done
Approval steps for announcements In review
Insider list process agreed Next
Q&A library for the roadshow Next

Sample data.

02 First raise

Use the pre-IPO round to build the future book

Many companies raise a private round before they list, often from crossover funds that also buy at IPO. That round is the first time institutional investors examine the company as a future public issuer, and the relationships it creates often carry into the IPO book.

The offering workspace holds the round: target size, timeline, status board and the shortlist. Investor targeting ranks funds by mandate, ticket size, sector and past participation from public filings, and the materials assistant drafts the teaser, a deck outline and an FAQ from your documents.

Outreach sequences go out from the CFO mailbox after approval, and every reply and meeting lands in the CRM. When the round closes, the list of funds that looked and passed is as useful as the list that invested.

Active offering on Growth, 5 on Public

2,500

CRM contacts on Growth, 25,000 on Public

Meeting briefs per month on Growth

03 Data room

One data room for the round, the audit and the bankers

Permissions per audience

Investors, bankers and advisers each see the folders they need. Growth includes 2 active rooms, Public 10, so the round and the IPO preparation can run side by side.

Watermark and analytics

NDA by click, a watermark with the viewer name on every page, view analytics per investor and access you revoke in one step.

04 Disclosure controls

Disclosure controls in place before the listing

A public company has to identify material information, decide when and how to disclose it, control who knows it and publish on time. Building that habit before the listing is far easier than building it during the first quarter as a public company.

Issuers gives you the disclosure calendar with reminders on every plan, and on Public the full disclosure management software workflow: announcement drafts, approval steps, a material event log and insider lists, with a 7 year audit trail.

Private raises in the US are often made under Regulation D, which comes with a notice on Form D filed after the first sale. The calendar can hold that date and every other filing date your counsel sets, with an owner and reminders.

Issuers does not decide which exemption applies or what must be filed. Your counsel does. Issuers is software for the issuer, not a broker dealer, placement agent or adviser, and gives no investment or legal advice.

05 Path to public

Start on Growth, move to Public when you list

Plans along the path to a listing
Stage	Plan	Price billed yearly	What it adds
Private round and readiness	Growth	$499 per month	Targeting, CRM, 2 data rooms, outreach, materials, calendar
IPO year and listing	Public	$1,499 per month	Earnings prep, shareholder base, disclosure workflow, IR website
Group with several entities	Enterprise	$3,999 per month	Multiple entities, SSO, SCIM, data residency, SLA

An upgrade charges the difference for the rest of the period right away and opens the new modules at once. Your data, history and approvals stay where they are. See pricing for every limit.

Questions

Questions issuers ask before they start

What does IPO readiness mean?

A company is ready to list when it can behave like a public company before it becomes one: audited financials on a public company timetable, internal controls and disclosure controls that work, a board and committees that fit listing rules, an equity story investors understand, and an IR function that can meet investors and answer them consistently.

When should a company start investor relations before an IPO?

Many companies start one to two years before a listing. Early relationships with the funds that may anchor the book, a consistent story told over several rounds and a record of who you met make the IPO roadshow a continuation rather than a cold start. Your advisers set the rules for communication close to the offering.

Which disclosure controls are needed before listing?

At minimum a calendar of reporting dates with owners, a process to identify and escalate potentially material information, approval steps before anything is published, a record of who knows inside information and a log of investor communications. Your counsel adapts these to the market where you list.

Start the investor list before the bankers arrive

Growth costs $499 a month billed yearly and covers targeting, the CRM, two data rooms and outreach with approvals. Upgrade when you list.

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