About SPS Commerce
SPS Commerce is a company based in Minneapolis (United States) founded in 1998. SPS Commerce has raised $50.5 million across 4 funding rounds from investors including Granite Partners, CID Capital and Adams Street Partners. The company has 2,780 employees as of December 31, 2024. SPS Commerce has completed 14 acquisitions, including Carbon6, Data Masons and EDIAdmin. SPS Commerce operates in a competitive market with competitors including Zenput, Global-e, Cart.com, AnyMind Group and BigCommerce, among others.
- Headquarter Minneapolis, United States
- Employees 2780 as on 31 Dec, 2024
- Stage Public
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Sectors
RetailTechnology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Sps Commerce, Inc.
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Annual Revenue
$637.76 M (USD)18.78as on Dec 31, 2024
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Net Profit
$77.05 M (USD)17.06as on Dec 31, 2024
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EBITDA
$131.11 M (USD)17.07as on Dec 31, 2024
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Total Equity Funding
$50.5 M (USD)
in 4 rounds
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Latest Funding Round
$7.5 M (USD), Series B
Jun 03, 2007
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Investors
Granite Partners
& 4 more
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Employee Count
2780
as on Dec 31, 2024
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Investments & Acquisitions
Carbon6
& 13 more
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IPO & Listings of SPS Commerce
SPS Commerce is a publicly listed company on the NASDAQ with ticker symbol SPSC 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.
People of SPS Commerce
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Software Development Team
198 people
Sales and Marketing
103 people
Senior Team
65 people
Product Management Team
59 people
Leadership Team
52 people
Data Analysis and Operations Team
28 people
Manager Team
19 people
Human Resources and Administration
14 people
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Funding Insights of SPS Commerce
SPS Commerce has successfully raised a total of $50.5M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $7.5 million completed in June 2007. 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 SPS Commerce
SPS Commerce has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Granite Partners, CID Capital and Adams Street Partners.
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CID Capital is engaged in lower-middle-market buyout investments.
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Private markets investment management with strategies in equity, credit, and secondary investments.
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Investor details for SPS Commerce
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by SPS Commerce
SPS Commerce has strategically engaged in corporate development activities, having acquired 14 companies. Notable acquisitions include Carbon6, Data Masons and EDIAdmin.
Investment portfolio details for SPS Commerce
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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AI-enabled software solutions are provided for Amazon sellers.
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SaaS-based supply chain management software solutions are provided.
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Supply chain integration solutions are delivered via iPaaS cloud platform.
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Locked | Locked | 2002 | Locked |
Complete acquisition details for SPS Commerce
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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 - SPS Commerce
Detailed financials for SPS Commerce
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Sps Commerce Comparisons
Peer comparison for SPS Commerce
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- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
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Competitors of SPS Commerce
SPS Commerce 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 Zenput, Global-e, Cart.com, AnyMind Group and BigCommerce, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Zenput is utilized as an operations execution platform for multi-unit operators.
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Software solutions for cross-border e-commerce industries are provided.
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Software suite solutions are provided for e-commerce businesses.
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Platforms for e-commerce, marketing, and manufacturing are provided.
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SaaS-based software suites for e-commerce operations are provided.
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Cleo is recognized for providing supply chain integration solutions.
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Detailed competitors of SPS Commerce
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 Sps Commerce
Complete news archive for SPS Commerce
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 SPS Commerce
SPS Commerce was founded in 1998 and raised its 1st funding round 2 years after it was founded.
SPS Commerce is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Chad Collins is the current CEO of SPS Commerce.
SPS Commerce is a funded company, having raised a total of $50.5M across 4 funding rounds to date.
As of Dec 31, 2024, the latest employee count at SPS Commerce is 2,780.
Annual revenue of SPS Commerce is $637.76M as on Dec 31, 2024.
SPS Commerce was established in 1998 and is based in Minneapolis, United States. Cloud-based software platforms are delivered to retail businesses, covering areas such as electronic data interchange, inventory management, order fulfillment, product assortment planning, analytics, reporting, and API integrations. Additional support includes customer service operations and staffing resources. These tools enable streamlined trading partner connections and operational efficiency across the retail sector.
SPS Commerce's top competitors include CommerceIQ, ShopUp and Global-e.
Yes, SPS Commerce is publicly traded on NASDAQ under the ticker symbol SPSC.
SPS Commerce has made 14 acquisitions, including Carbon6, Data Masons, and EDIAdmin.
SPS Commerce has 5 investors. Key investors include Granite Partners, CID Capital, Adams Street Partners, River Cities Capital, and Axiom Venture Partners.
The ticker symbol of SPS Commerce is SPSC on NASDAQ.