This Toronto-founded tech unicorn just went public, but it doesn’t need the money

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This Toronto-founded tech unicorn just went public, but it doesn’t need the money
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A big part of the reason PagerDuty went public on the New York Stock Exchange earlier this month was to raise its profile

If you’ve never heard of PagerDuty Inc., you’re not alone. In fact, according to chief executive Jennifer Tejada, a big part of the reason the company went public on the New York Stock Exchange earlier this month was to raise its profile.

“I could raise money in a week. I mean, literally. I raised our Series D . From our first presentation to cash in the bank was three weeks,” she said. “The world doesn’t know who you are. Large enterprises who have, you know, very stringent procurement rules are concerned about your long-term viability as a company because you don’t make your financials transparent,” she said.

After launching in Toronto, PagerDuty’s founders moved to Silicon Valley to participate in the prestigious Y Combinator incubator program, and the company remains headquartered in San Francisco today.

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