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With more than 30,000 churches already using its data, Gloo, a leading technology platform connecting the faith ecosystem to advance human flourishing, has filed an initial public offering with the U.S. Securities and Exchange Commission to raise up to $100 million.
“The faith and flourishing ecosystem constitutes a large and expanding cornerstone of our country. It encompasses all religions and is estimated to contribute over $1.2 trillion annually to the U.S. economy in 2016 and to include over 450,000 organizations in the United States,” the company identified as Gloo Holdings in the filing explains.
“According to research conducted by IBISWorld, in the United States, the religious organizations sector employed approximately 1.7 million people in 2024 and is forecasted t