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EngageSmart, Inc. (ESMT) is a leading provider of SaaS-based digital engagement solutions. Focused on simplifying complex processes and enhancing customer interactions, EngageSmart operates through various business units across multiple industries. By leveraging innovative SaaS platforms, the company delivers solutions that transform ordinary customer interactions into loyalty-building opportunities. EngageSmart's commitment to continuous innovation ensures that both service providers and their customers gain measurable benefits.
The company prides itself on its ability to merge advanced technology with deep industry expertise, providing tailored solutions for the sectors it serves. Through a shared belief in the power of SaaS to accelerate innovation, EngageSmart drives efficiency and growth for both its clients and itself. Current projects and ongoing partnerships highlight the company's proactive approach to evolving market needs and technological advancements.
Recently, EngageSmart has made significant strides in expanding its market reach and enhancing its suite of products. These achievements underscore its dedication to delivering exceptional value and fostering long-term success. With a robust financial condition and strategic vision, EngageSmart continues to solidify its position as an industry leader.
EngageSmart, Inc. (NYSE: ESMT), a leader in customer engagement software and integrated payments, will announce its first-quarter 2023 financial results on May 4, 2023. The results will be accessible before markets open, followed by a conference call at 8:30 a.m. ET. Interested participants can join via dial-in, with dedicated numbers for domestic and international callers. EngageSmart serves approximately 99,300 customers in the SMB Solutions segment and around 3,300 in the Enterprise Solutions segment, focusing on areas including Health & Wellness, Government, Utilities, Financial Services, Healthcare, and Giving. The company aims to enhance client engagement through its Software-as-a-Service offerings.
EmPRO Insurance Company reported a remarkable 211% increase in electronic payment adoption during its first year using InvoiceCloud’s integrated solution. Following its implementation in
InvoiceCloud, a solution from EngageSmart (NYSE: ESMT), will participate in the exclusive Oracle Energy and Water Customer Edge Conference in San Diego from March 12-14, 2023. The company is one of six selected for the Innovation Showcase, highlighting advancements in energy and water technology. InvoiceCloud has significantly improved customer service, exemplified by the City of Escondido, which reported a 69% decrease in service calls and $23k savings in its first nine months. These results underscore the effectiveness of InvoiceCloud’s digital solutions.
EngageSmart (NYSE: ESMT) has completed a public offering of 8,000,000 shares of its common stock at a price of $19.00 per share. This offering was executed by selling stockholders including affiliates of General Atlantic and Summit Partners. Notably, EngageSmart did not participate in the sale and will not receive any proceeds from the offering. The underwriters for this offering included notable firms like Goldman Sachs and J.P. Morgan. This transaction is part of an automatic shelf registration statement with the SEC and is designed to enhance the liquidity of stockholders' investments.
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