Qualtrics International, a Utah-based software startup, filed to go public in October, and it has now proposed prices for its IPO. Qualtrics plans to raise as much as $495 million by offering 23.6 million shares in total, at the price range of $18 to $21. At the midpoint of that price range, Qualtrics would be valued at about $4.8 billion — almost double its last private market valuation of $2.5 billion. Qualtrics plans to list on NASDAQ under the symbol "XM" because it is known for its flagship "Experience Management" software, designed to analyze and improves user experience.