About Springbot
Springbot is a company based in Atlanta (United States) founded in 2012 by Allen Nance.. Springbot has raised $53.66 million across 9 funding rounds from investors including SVB, Sterling National Bank and Harbert Management. Springbot has completed 1 acquisition, including Matcha. Springbot offers products and services including Springbot Send, Marketing and Branding Services, and Web and Software Development. Springbot operates in a competitive market with competitors including Klaviyo, Elastic Path Software, Yotpo, Bango and Demandware, among others.
- Headquarter Atlanta, United States
- Founders Allen Nance
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Sectors
TechnologyRetail
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Phone
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Website
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Social
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- Legal Name Nsb Marketing, Inc.
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Products & Services of Springbot
Springbot offers a comprehensive portfolio of products and services, including Springbot Send, Marketing and Branding Services, and Web and Software Development. 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.
Automates email campaigns and customer data for online stores.
Crafts digital campaigns and brand identities for engagement.
Builds websites and custom software for performance optimization.
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Funding Insights of Springbot
Springbot has successfully raised a total of $53.66M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $14 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 9
- Last Round Series B — $14.0M
- First Round First Round
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2021 | Amount | Series B - Springbot | Valuation | Sterling National Bank |
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| Dec, 2020 | Amount | Series B - Springbot | Valuation |
investors |
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| Oct, 2018 | Amount | Series B - Springbot | Valuation | North Atlantic Capital |
| 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 Springbot
Springbot has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include SVB, Sterling National Bank and Harbert Management. 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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Tech-focused Venture debt firm providing debt finacing in the US and Europe
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are provided by TechOperators.
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Founded Year | Domain | Location | |
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Investments are made by TTV Capital in early-stage fintech companies.
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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 Springbot
Springbot has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Matcha. 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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Content management and distribution software is provided for businesses.
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2012 |
| 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 - Springbot
| 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 |
Springbot Comparisons
Competitors of Springbot
Springbot 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 Klaviyo, Elastic Path Software, Yotpo, Bango and Demandware, 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 |
SaaS email marketing solutions are offered to e-commerce businesses.
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| domain | founded_year | HQ Location |
API-based enterprise commerce and content management platform is delivered.
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| domain | founded_year | HQ Location |
Cloud-based marketing platform for e-tailers
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| domain | founded_year | HQ Location |
Marketing solutions for e-commerce businesses are provided by Bango.
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| domain | founded_year | HQ Location |
Enterprise cloud commerce solutions are provided for retailers and manufacturers.
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| domain | founded_year | HQ Location |
AI platform for retail ecommerce management and optimization is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Springbot
Frequently Asked Questions about Springbot
When was Springbot founded?
Springbot was founded in 2012.
Where is Springbot located?
Springbot is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Who is the current CEO of Springbot?
Marc Pickren is the current CEO of Springbot.
Is Springbot a funded company?
Springbot is a funded company, having raised a total of $53.66M across 9 funding rounds to date. The company's 1st funding round was a Series B of $15M, raised on Jul 01, 2012.
What does Springbot do?
Springbot was founded in 2012 in Atlanta, United States, as a SaaS provider for small and medium businesses using Magento. Data, content, and multi-channel marketing toolsincluding social, online, mobile, and emailare integrated to support traffic growth, conversions, and revenue. Predictive analysis is employed to identify high-impact campaigns, which are launched and subsequently tracked, with logic refined based on performance outcomes.
Who are the top competitors of Springbot?
Springbot's top competitors include Klaviyo, CommerceIQ and Yotpo.
What products or services does Springbot offer?
Springbot offers Springbot Send, Marketing and Branding Services, and Web and Software Development.
How many acquisitions has Springbot made?
Springbot has made 1 acquisition, including Matcha.
Who are Springbot's investors?
Springbot has 13 investors. Key investors include SVB, Sterling National Bank, Harbert Management, Georgia Institute of Technology, and North Atlantic Capital.