Sprout Social

About

Sprout Social provides a platform for businesses to manage social media engagement, publishing and analytics.

Chicago,Illinois,United States
501 - 1000
http://sproutsocial.com

Highlights

Details

Last Funding Type: Series D
Last Funding Money Raised: $40.50M
Industries: Analytics,Apps,SaaS,Social Media,Software
Founded date: Jan 1, 2010
Number Of Employee: 501 - 1000
Operating Status: Active
Stock Symbol: nasdaq:SPT
Legal Name: Sprout Social, Inc.

Sprout Social is built on the idea that the world is better when businesses and customers communicate freely. They exist to help streamline and enhance those conversations—with customers, prospects and enthusiasts. Their platform is packed with handy features but stays out of the way to let brands easily engage with people and build lasting relationships.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

8

$261.09M

Sprout Social has raised a total of $261.09M in funding over 2 rounds. Their latest funding was raised on Dec 12, 2019 from a IPO round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 12, 2019	IPO	$149.60M	—	—	—	Detail
Dec 19, 2018	Series D	$40.50M	3	Future Fund	—	Detail
Feb 17, 2016	Series C	$42M	2	Goldman Sachs Merchant Banking Division	—	Detail
Jun 27, 2014	Series B	$8M	2	New Enterprise Associates	—	Detail
Jun 20, 2014	Series B	$10M	1	New Enterprise Associates	—	Detail

Investors

Number of Lead Investors

Number of Investors

6

5

Sprout Social is funded by 5 investors. Future Fund and Goldman Sachs Merchant Banking Division are the most recent investors.

Investor Name	Lead Investor	Funding Round
Future Fund	Yes	Series D
Goldman Sachs Merchant Banking Division	Yes	Series C
Goldman Sachs	—	Series D
New Enterprise Associates	—	Series D
Lightbank	—	Series B