Faith-Tech Firm Gloo Targets $873 Million Valuation in Upcoming IPO

Gloo Holdings, a faith-oriented technology company, is preparing for its US initial public offering (IPO) as it aims for a valuation of up to $873 million, signaling growing investor interest in the intersection of religion and artificial intelligence.
The company plans to sell 9.1 million shares priced between $10 and $12 each, potentially raising about $109 million in the offering.(1) Gloo intends to list its shares on the Nasdaq under the ticker symbol GLOO, with Roth Capital Partners serving as the sole book-running manager.
Founded in 2013 and based in Boulder, Colorado, Gloo develops AI-driven tools designed for Christian churches and other faith-based organizations. Its products include virtual assistants and Bible-based chatbots that help religious leaders and communities connect and communicate more effectively.
Earlier this year, the company appointed former Intel and VMware CEO Pat Gelsinger as its head of technology and executive chairman, bolstering its leadership team as it seeks to expand its AI capabilities.(2) Gloo raised $110 million in growth funding last year to accelerate development but reported a net loss of $69.8 million for the first half of 2025.
The offering comes as IPO activity in the US shows signs of recovery following a sluggish period earlier this year. If successful, Gloo’s listing could mark one of the most notable public debuts from the emerging “faith-tech” sector.
Investors using Robinhood can access the IPO before shares hit the open market by visiting the platform’s IPO section and requesting an allocation.
For more details on the company and how to participate, visit Finder’s Gloo stock guide, and sign up for our Market Briefing newsletter to get top market stories before the bell.
Related stocks: How the industry’s leaders have done over the past year
Curious how related stocks have performed in the Software – Application industry? Here are the top three by market cap:
- SAP (SAP SE). ~$322B market cap; +10.97% 1-year total return.
- Salesforce (CRM). ~$242B market cap; -14.73% 1-year total return.
- Shopify (SHOP). ~$215B market cap; +107.64% 1-year total return.
Source: Stock Analysis for related stocks. Google Finance for 12-month performance, accurate as of November 5, 2025.
Sources
Ask a question