About SpringBig
SpringBig is a company based in West Palm Beach (United States) founded in 2012. SpringBig has raised $25.79 million across 4 funding rounds from investors including TVC Capital, KEY Investment Partners and Argonautic. SpringBig has completed 2 acquisitions, including BudTender and Vice CRM. SpringBig offers products and services including SMS Marketing, Email Marketing, Push Notifications, Subscriptions Service, and Budz Referral Program. SpringBig operates in a competitive market with competitors including Fyllo, YOOMA, Happy Cabbage Analytics, Terrayn and Casters Holdings, among others.
- Headquarter West Palm Beach, United States
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Sectors
HealthcareTechnology
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Email
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Phone
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Website
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Social
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Annual Revenue
$24.65 M (USD)-12.12as on Dec 31, 2024
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Net Profit
-$1.88 M (USD)81.67as on Dec 31, 2024
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EBITDA
-$56 K (USD)99.27as on Dec 31, 2024
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Total Equity Funding
$25.79 M (USD)
in 4 rounds
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Latest Funding Round
$8 M (USD), Series C
Jan 23, 2024
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Investors
TVC Capital
& 4 more
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Employee Count
Not available
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Investments & Acquisitions
BudTender
& 1 more
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Products & Services of SpringBig
SpringBig offers a comprehensive portfolio of products and services, including SMS Marketing, Email Marketing, Push Notifications, Subscriptions Service, and Budz Referral Program.
Sends personalized messages to customers for targeted advertising.
Creates dynamic emails to engage and retain customers.
Delivers app-based alerts for real-time marketing campaigns.
Offers customized paid subscriptions for loyalty rewards.
Generates trackable links for customer referrals and rewards.
People of SpringBig
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Funding Insights of SpringBig
SpringBig has successfully raised a total of $25.79M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $8 million completed in January 2024. 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.
Investors in SpringBig
SpringBig has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include TVC Capital, KEY Investment Partners and Argonautic.
| Investor | Description | Founded Year | Domain | Location |
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Growth equity investments are made in B2B software companies by TVC Capital.
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Venture capital investments are managed by KEY Investment Partners.
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Venture capital investments are made in cannabis technology sectors.
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Investor details for SpringBig
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Investments & Acquisitions by SpringBig
SpringBig has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include BudTender and Vice CRM.
Investment portfolio details for SpringBig
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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It provides text messaging and mobile marketing solutions
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Post-purchase feedback is surveyed and analyzed for cannabis retailers.
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Complete acquisition details for SpringBig
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Financial Statements - SpringBig
Detailed financials for SpringBig
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Springbig Comparisons
Peer comparison for SpringBig
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Competitors of SpringBig
SpringBig 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 Fyllo, YOOMA, Happy Cabbage Analytics, Terrayn and Casters Holdings, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online marketing platform for cannabis brands and products is provided.
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Delivers digital marketing solutions for cannabis health product brands.
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Marketing and data analytics solutions are offered for cannabis businesses.
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Provider of marketing solutions for cannabis dispensaries
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Cannabis marketing platform is provided using AI for data analysis.
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Detailed competitors of SpringBig
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Latest news on Springbig
Complete news archive for SpringBig
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Frequently Asked Questions about SpringBig
SpringBig was founded in 2012 and raised its 1st funding round 6 years after it was founded.
SpringBig is headquartered in West Palm Beach, United States. It is registered at West Palm Beach, Florida, United States.
SpringBig is a funded company, having raised a total of $25.79M across 4 funding rounds to date.
Annual revenue of SpringBig is $24.65M as on Dec 31, 2024.
SpringBig was founded in 2012 and is based in West Palm Beach, United States. Loyalty and marketing solutions are delivered to cannabis dispensaries in the retail sector. Customer loyalty programs are implemented, rewards for purchases are distributed, SMS marketing campaigns are scheduled and executed, customer data is segmented and managed, and churn insights are extracted from available data. Operations focus on customer engagement and retention through these integrated features.
SpringBig's top competitors include Happy Cabbage Analytics, Fyllo and Terrayn.
SpringBig offers SMS Marketing, Email Marketing, Push Notifications, Subscriptions Service, and Budz Referral Program.
SpringBig has 5 investors. Key investors include TVC Capital, KEY Investment Partners, Argonautic, HALLEY Venture Partners, and Altitude Investment Management.