About Spring Global
Spring Global is a company based in Reston (United States) founded in 2001.. Spring Global has raised $115.07 million across 8 funding rounds from investors including Goldman Sachs, NEA and SAP Ventures. Spring Global offers products and services including Coach AI, Field Team AI Agent, and AI Sales Management. Spring Global operates in a competitive market with competitors including Movista, SimpliField, Localz, FieldAssist and Spotio, among others.
- Headquarter Reston, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Spring Mobile Solutions Usa, 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
$115.07 M (USD)
in 8 rounds
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Latest Funding Round
$1.25 M (USD), Series D
Feb 25, 2021
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Investors
Goldman Sachs
& 4 more
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Employee Count
Employee Count
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Products & Services of Spring Global
Spring Global offers a comprehensive portfolio of products and services, including Coach AI, Field Team AI Agent, and AI Sales Management. 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.
Delivers real-time sales strategies and insights for teams
Automates field operations for improved retail execution
Enhances sales processes with automation and data orchestration
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Funding Insights of Spring Global
Spring Global has successfully raised a total of $115.07M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $1.25 million completed in February 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 — $1.2M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Series D - Spring Global | Valuation |
investors |
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| Dec, 2016 | Amount | Series D - Spring Global | Valuation |
investors |
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| Feb, 2013 | Amount | Series D - Spring Global | Valuation |
investors |
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| 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 Spring Global
Spring Global has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Goldman Sachs, NEA and SAP Ventures. 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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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Venture capital fund backed by corporate office
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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 Spring Global
| 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 |
Financial Statements - Spring Global
| 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 |
Spring Global Comparisons
Competitors of Spring Global
Spring Global 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 Movista, SimpliField, Localz, FieldAssist and Spotio, 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 |
Field management solutions are provided for retail and service teams.
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| domain | founded_year | HQ Location |
Saas for field teams
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| domain | founded_year | HQ Location |
Location tracking and customer communication solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Provider of cloud-based sales force automation and distributor management software
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| domain | founded_year | HQ Location |
Cloud-based field sales engagement software is delivered for mobile tracking.
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| domain | founded_year | HQ Location |
Field sales management software
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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 Spring Global
Frequently Asked Questions about Spring Global
When was Spring Global founded?
Spring Global was founded in 2001 and raised its 1st funding round 3 years after it was founded.
Where is Spring Global located?
Spring Global is headquartered in Reston, United States. It is registered at Reston, Virginia, United States.
Is Spring Global a funded company?
Spring Global is a funded company, having raised a total of $115.07M across 8 funding rounds to date. The company's 1st funding round was a Series D of $6M, raised on Jun 01, 2004.
What does Spring Global do?
Spring Global was founded in 2001 and is headquartered in Reston, United States. Cloud-based field force automation tools are offered to support sales, marketing, and distribution operations. Features include data capture from the field, route planning for sales and deliveries, collaboration messaging, sales material access, performance monitoring, surveys, invoicing, payment processing, and territory management. Notable clients encompass companies such as LOréal, Unilever, Anheuser-Busch InBev, Coca-Cola, and Kellogg.
Who are the top competitors of Spring Global?
Spring Global's top competitors include SimpliField, Movista and Zipline.
What products or services does Spring Global offer?
Spring Global offers Coach AI, Field Team AI Agent, and AI Sales Management.
Who are Spring Global's investors?
Spring Global has 5 investors. Key investors include Goldman Sachs, NEA, SAP Ventures, Ideiasnet, and Darby Overseas Investments.
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