About Sprout Social
Sprout Social is a company based in Chicago (United States) founded in 2009. Sprout Social has raised $101.5 million across 6 funding rounds from investors including Goldman Sachs, National Education Association and Future Fund. The company has 1,320 employees as of December 31, 2024. Sprout Social has completed 4 acquisitions, including NewsWhip, Repustate and Simply Measured. Sprout Social offers products and services including Engagement, Publishing, Analytics, Listening, and Influencer Marketing. Sprout Social operates in a competitive market with competitors including Signal AI, CreativeX, StatSocial, Cision and Ticket fly, among others.
- Headquarter Chicago, United States
- Employees 1320 as on 31 Dec, 2024
- Stage Public
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Sprout Social, Inc
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Annual Revenue
$405.91 M (USD)21.66as on Dec 31, 2024
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Net Profit
-$61.97 M (USD)6.71as on Dec 31, 2024
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EBITDA
-$44.22 M (USD)22.12as on Dec 31, 2024
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Total Equity Funding
$101.5 M (USD)
in 6 rounds
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Latest Funding Round
$40.5 M (USD), Series D
Dec 20, 2018
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Investors
Goldman Sachs
& 4 more
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Employee Count
1320
as on Dec 31, 2024
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Investments & Acquisitions
NewsWhip
& 3 more
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IPO & Listings of Sprout Social
Sprout Social is a publicly listed company on the NASDAQ with ticker symbol SPT in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Sprout Social
Sprout Social offers a comprehensive portfolio of products and services, including Engagement, Publishing, Analytics, Listening, and Influencer Marketing.
Streamlines social interactions and community management for businesses.
Facilitates planning and delivery of social media campaigns.
Drives decision-making with performance data and reports.
Uncovers trends from social conversations for strategic use.
Manages collaborations with influencers to boost reach.
People of Sprout Social
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Software Development Team
95 people
Sales and Marketing
41 people
Product Management Team
26 people
Senior Team
25 people
Strategic Team
15 people
Human Resources and Administration
14 people
Leadership Team
12 people
Legal and Compliance
11 people
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Funding Insights of Sprout Social
Sprout Social has successfully raised a total of $101.5M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $40.5 million completed in December 2018. 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 Sprout Social
Sprout Social has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, National Education Association and Future Fund.
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Venture capital investments are offered to startups by NEA.
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Investment banking services are delivered across multiple financial sectors.
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Tech focused seed & early stage VC firm investing primarily in the US
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Investor details for Sprout Social
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Sprout Social
Sprout Social has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include NewsWhip, Repustate and Simply Measured.
Investment portfolio details for Sprout Social
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Platform providing solutions for influencer marketing
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Social analytics are utilized to discover content and trending topics.
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Social media analytics and monitoring tools are provided for marketers.
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Complete acquisition details for Sprout Social
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- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Sprout Social
Detailed financials for Sprout Social
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- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Sprout Social Comparisons
Peer comparison for Sprout Social
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Sprout Social
Sprout Social 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 Signal AI, CreativeX, StatSocial, Cision and Ticket fly, among others.
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Media and regulatory updates are monitored via AI platform.
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Ad creative analytics are delivered via an automated measurement platform.
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Social media analytics software with audience segmentation is provided.
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Cloud-based PR platform is provided for business media management.
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Cloud-based social marketing and event ticketing platform is operated.
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Detailed competitors of Sprout Social
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Sprout Social
Complete news archive for Sprout Social
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Sprout Social
Sprout Social was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Sprout Social is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Sprout Social is a funded company, having raised a total of $101.5M across 6 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Sprout Social is 1,320.
Annual revenue of Sprout Social is $405.91M as on Dec 31, 2024.
Sprout Social was established in 2009 in Chicago, United States, within the social media management sector. The platform is employed by brands and agencies of varying sizes to oversee conversations and generate actionable insights. Social media trends are analyzed and monitored through integrated tools. Accounts across multiple networks are managed to support marketing operations.
Sprout Social's top competitors include CreativeX, Signal AI and StatSocial.
Sprout Social offers Engagement, Publishing, Analytics, Listening, and Influencer Marketing.
Yes, Sprout Social is publicly traded on NASDAQ under the ticker symbol SPT.
Sprout Social has made 4 acquisitions, including NewsWhip, Repustate, and Simply Measured.
Sprout Social has 5 investors. Key investors include Goldman Sachs, National Education Association, Future Fund, NEA, and Lightbank.
The ticker symbol of Sprout Social is SPT on NASDAQ.