Watch List Update: 360 Added
Family Management platform provider Life 360 has been added to the list, and no that’s not a typo, it really is a $4.79 ask.
Looking to raise $145M from the sale of 30M shares, Life 360 “runs on your mobile device to allow you to view your family members on a map, communicate with them, and receive alerts when your loved ones arrive at home, school or work.” It’s not hard to see the appeal of such a platform given the current social climate.
With plans to “disrupt the multi-billion dollar security and insurance industries", most of the funds are planned for global expansion.
We’re yet to locate a prospectus for this one in a our quick glance this morning, have you got a copy?