About SparkPost
SparkPost is a company based in Columbia (United States) founded in 2011 was acquired by MessageBird in April 2021.. SparkPost has raised $258.7 million across 8 funding rounds from investors including PNC, Hercules Capital and Square 1 Bank. The company has 151 employees as of December 31, 2022. SparkPost has completed 3 acquisitions, including Port25, Taxi for Email and eDataSource. SparkPost offers products and services including Email API, Voice API, SMS API, WhatsApp API, and Numbers API. SparkPost operates in a competitive market with competitors including Mailgun, Message Bus, Woodpecker, MailUp and Postmark, among others.
- Headquarter Columbia, United States
- Employees 151 as on 31 Dec, 2022
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Message Systems, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$258.7 M (USD)
in 8 rounds
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Latest Funding Round
$180 M (USD), Series D
Jan 27, 2021
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Investors
PNC
& 6 more
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Employee Count
151
as on Dec 31, 2022
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Investments & Acquisitions
Port25
& 2 more
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Acquired by
MessageBird
(Apr 28, 2021)
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Products & Services of SparkPost
SparkPost offers a comprehensive portfolio of products and services, including Email API, Voice API, SMS API, WhatsApp API, and Numbers API. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
API for sending and optimizing emails worldwide
API for voice messaging and calls
API for sending text messages
API for WhatsApp communications
API for phone number management
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Funding Insights of SparkPost
SparkPost has successfully raised a total of $258.7M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $180 million completed in January 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series D — $180.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Series D - SparkPost | Valuation | LLR Partners , NewSpring |
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| Mar, 2017 | Amount | Debt – Conventional - SparkPost | Valuation |
investors |
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| Dec, 2016 | Amount | Series A - SparkPost | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SparkPost
SparkPost has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include PNC, Hercules Capital and Square 1 Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity firm investing in technology and healthcare businesses for growth capital.
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Founded Year | Domain | Location | |
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Investment firm focusing on lower-middle market growth, healthcare, and various strategies.
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Founded Year | Domain | Location | |
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Tech-focused Venture debt provider investing primarily in the US and Canada
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SparkPost
SparkPost has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Port25, Taxi for Email and eDataSource. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based email collaboration and marketing solutions are offered.
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2013 | ||||
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Competitive intelligence for email marketing, social media and ecommerce activity
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2003 | ||||
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High-volume emails are delivered via PowerMTA SMTP server.
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - SparkPost
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sparkpost Comparisons
Competitors of SparkPost
SparkPost operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mailgun, Message Bus, Woodpecker, MailUp and Postmark, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Transactional email services are delivered via an API for applications.
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| domain | founded_year | HQ Location |
Cloud-native messaging for email and mobile channels is enabled.
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| domain | founded_year | HQ Location |
Email marketing automation is delivered for business outreach and follow-ups.
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| domain | founded_year | HQ Location |
Email and SMS marketing solutions
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| domain | founded_year | HQ Location |
Transactional email delivery is ensured for web applications via API.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sparkpost
Frequently Asked Questions about SparkPost
When was SparkPost founded?
SparkPost was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is SparkPost located?
SparkPost is headquartered in Columbia, United States.
Is SparkPost a funded company?
SparkPost is a funded company, having raised a total of $258.7M across 8 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Jun 01, 2012.
How many employees does SparkPost have?
As of Dec 31, 2022, the latest employee count at SparkPost is 151.
What does SparkPost do?
SparkPost was founded in 2011 in Columbia, United States, and operates in the software-as-a-service sector focused on email infrastructure. Transactional emails are delivered through its cloud platform, where message disposition data is analyzed to refine sending rules and minimize bounces, blocks, and delays. Real-time analytics are provided across various metrics, alongside features for data security, privacy, and performance monitoring. Notable clients include Zillow, Intercom, and Adobe.
Who are the top competitors of SparkPost?
SparkPost's top competitors include Mailgun, Woodpecker and Message Bus.
What products or services does SparkPost offer?
SparkPost offers Email API, Voice API, SMS API, WhatsApp API, and Numbers API.
How many acquisitions has SparkPost made?
SparkPost has made 3 acquisitions, including Port25, Taxi for Email, and eDataSource.
Who are SparkPost's investors?
SparkPost has 7 investors. Key investors include PNC, Hercules Capital, Square 1 Bank, Wellington Financial, and LLR Partners.
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