About SPS Commerce
SPS Commerce is a publicly listed company based in Minneapolis (United States) founded in 1998. Software suite solutions for retail supply chain are provided. It operates in the Retail and Technology sectors. 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. SPS Commerce has completed 14 acquisitions, including Carbon6, Data Masons and EDIAdmin. Its chief executive, as recorded, is Chad Collins. Its website spscommerce.com draws about 986 thousand monthly visits. Its focus areas include In Store Retail Tech, Store Operations Management, Store Development and Tech Enabled Services. Its competitors include Zenput, Cart.com and BigCommerce; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Annual Revenue$751.5 M (USD)17.83as on Dec 31, 2025
- Net Profit$93.34 M (USD)21.13as on Dec 31, 2025
- EBITDA$176.56 M (USD)34.66as on Dec 31, 2025
- Total Equity Funding$50.5M (USD)
in 4 rounds
- Latest Funding Round$7.5M (USD), Series B
Jun 2007
- InvestorsGranite Partners
& 4 more
- Employee Count2,780
- Investments & AcquisitionsCarbon6
& 13 more
Apps and channels of SPS Commerce
its YouTube channel SPS Commerce has 1.29K subscribers and 30 videos.
Videos from SPS Commerce
The most watched videos on SPS Commerce's YouTube channel, SPS Commerce (1.29K subscribers). Click a video to play it here.
More on SPS Commerce.
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.
- Total Funding $50.5M
- Total Rounds 4
- Last Round Series B — $7.5M
- First Round $15M
(Feb 2000)
- Investors Count 5
All 4 funding rounds of SPS Commerce with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2007 | $7.5M | Series B | – | – | – |
| May 2003 | $18M | Series B | – | River Cities Capital | |
| Jun 2001 | $10M | Series B | – | CID Capital, Adams Street Partners | – |
| Feb 2000 | $15M | Series A | – | Axiom Venture Partners, Granite Partners | – |
5 investors in total: 5 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
CID Capital is engaged in lower-middle-market buyout investments. | 1981 | cidcap.com | Carmel, United States | |
Private markets investment management with strategies in equity, credit, and secondary investments. | adamsstreetpartners.com | |||
| rccf.com | ||||
| axiomventures.com | ||||
Private equity investment firm | 1996 | granitepartners.ca | Toronto, Canada |
Investor details for SPS Commerce
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People of SPS Commerce
634 people are tracked at SPS Commerce (89 in leadership, 6 in board & advisors, 539 in team); the tracked headcount is 2,780.
| Name | Role | Group |
|---|---|---|
Chad Collins | CEO | Leadership |
Lynn Myhran | Chief Administrative Officer (cao) | Leadership |
Shane Davis | Director, Technology Operations | Leadership |
David Verette | Vice President And Strategic Advisor, Retail | Leadership |
David Liebl | Retail Key Accounts Director | Leadership |
Tony Dipaolo | Vice President, Head Of Retail, Sales & Customer Success | Leadership |
Colby Bolin | Director, Sales - Analytics | Leadership |
Amanda Swan | Director | Leadership |
Nick Gundale | Director Of Enterprise Architecture | Leadership |
Justin Gamble | Director Tier One Retail | Leadership |
Jennifer Presnell | Director, Accounting Operations And Shared Services | Leadership |
Eduardo Rosini | Chief Commercial Officer | Leadership |
Kanat· Bektemirov | Senior Director Of Engineering | Leadership |
Valentin Kornukh | Director Of Engineering, Fulfillment | Leadership |
Tony Thrasher | Senior Director Of Product Management | Leadership |
Nicholas Schwalbach | Sr Director Product Management | Leadership |
Christina Borglund | Vice President, Revenue Recovery | Leadership |
Maarten Arnouts | Vp, Commercial Europe | Leadership |
Megan McNulty | Director, Global Accounting | Leadership |
Kim Nelson | CFO | Leadership |
614 more people are available in the full profile.
Complete people profiles for SPS Commerce
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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.
- IPO date22 Apr 2010
- Listed onNASDAQ: SPSC
- Listed entitySPS Commerce, Inc.
- Exchange sectorTechnology services
- ISINUS78463M1071
- Share price$83.76 (-0.99% on the day) · 2026-10-13
- Market capitalisation$3.02B
- Price to earnings40.4
- EPS (diluted, trailing year)$2.07
- Volume (last session)638,718
Financials of SPS Commerce
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $751.5M | $93.3M | $176.6M |
| 2024 | $637.8M | $77.0M | $131.1M |
| 2023 | $536.9M | $65.8M | $112.0M |
| 2022 | $450.9M | $55.1M | $99.4M |
| 2021 | $385.3M | $44.6M | $80.0M |
Detailed financial statements for SPS Commerce
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
AI-enabled software solutions are provided for Amazon sellers. | carbon6.io | New York, United States | 2021 | Jan 2025 | •••• | |
SaaS-based supply chain management software solutions are provided. | supplypike.com | Fayetteville, United States | 2016 | Aug 2024 | •••• | |
SaaS-based supply chain visibility solutions are provided for multiple sectors. | traversesystems.com | Sugar Land, United States | 2000 | May 2024 | •••• | |
Middleware application offering order management solutions | theorderexchange.com.au | Langwarrin, Australia | 0 | Sep 2023 | •••• | |
SaaS solutions for electronic document exchange are offered. | tiekinetix.com | Breukelen, Netherlands | 1987 | Sep 2023 | •••• | |
Cloud-based EDI software is provided for supply chain collaboration. | intertrade.com | Boston, United States | 1996 | Oct 2022 | $48.5M | |
SaaS-based supply chain management solutions provider | gcommerceinc.com | Des Moines, United States | 2000 | Jul 2022 | $45M | |
Order and inventory management solutions are provided for offline retailers. | geniuscentral.com | Sarasota, United States | 1999 | Nov 2021 | •••• | |
EDI solutions for ERP are provided to enterprises. | datamasons.com | Sarasota, United States | 1996 | Dec 2020 | •••• | |
Supply chain integration solutions are delivered via iPaaS cloud platform. | ediadmin.com | Minneapolis, United States | 2002 | Oct 2018 | •••• |
Complete acquisition details for SPS Commerce
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Timeline of SPS Commerce
14 dated milestones of SPS Commerce across 27 years, from founding to its latest funding, stage changes and deals.
- Founded SPS Commerce is founded.
- Funding First funding round of $15.0M.
- Funding Latest funding round, Series B, of $7.5M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires EDIAdmin.
- Acquisition Acquires Data Masons.
- Acquisition Acquires GeniusCentral.
- Acquisition Acquires GCommerce.
- Acquisition Acquires InterTrade.
- Acquisition Acquires TIE Kinetix.
- Acquisition Acquires The Order Exchange.
- Acquisition Acquires Traverse Systems.
- Acquisition Acquires SupplyPike.
- Acquisition Acquires Carbon6.
Competitors of SPS Commerce
SPS Commerce has 3 listed competitors in our database, 3 of them funded. They include Zenput, Cart.com and BigCommerce.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zenput.com | 2011 | San Francisco, United States | $43.82M | 71 | Zenput is utilized as an operations execution platform for multi-unit operators. | |
| cart.com | 2020 | Austin, United States | $735.24M | 998 | Software suite solutions are provided for e-commerce businesses. | |
| bigcommerce.com | 2009 | Austin, United States | $233.45M | 1,321 | SaaS-based software suites for e-commerce operations are provided. |
Detailed competitors of SPS Commerce
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Web traffic of SPS Commerce
The website of SPS Commerce (spscommerce.com) receives about 985.9K visits a month and ranks #31,360 among all websites worldwide, #828 in Shipping and Logistics.
- Monthly visits985.9K
▼ 3.2% vs previous month
- Unique visitors89K
per month
- Global rank#31,360
among all websites
- Category rank#828
Business and Consumer Services · Shipping and Logistics
- Bounce rate16%
- Pages per visit16.9
- Average visit12 min 47 sec
- DevicesDesktop 91% · Mobile 9%
Websites whose visitors overlap most with SPS Commerce. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
portal.hosted-commerce.net | portal.hosted-commerce.net | 100% | – | ||
| accellos.com | 95% | View details | |||
| ffeinc.com | 87% | 42.5K | #337,347 | View details | |
| truecommerce.com | 85% | 133.6K | #307,032 | View details | |
| ups.com | 83% | 210.9M | #157 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for SPS Commerce
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Top companies in B2B Marketplaces & Wholesale
3 companies that operate in the same segment as SPS Commerce (B2B Marketplaces & Wholesale) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category products are facilitated through an online B2B cross-border marketplace. | 1999 | New York, New York, United States | USD 144.12 B | 124,320 | ||
Online catering marketplace for enterprises | 2007 | Boston, Massachusetts, United States | USD 435.92 M | 923 | ||
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 200.44 M | USD 686.63 M | 1,090 |
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Related news about Sps Commerce
Complete news archive for SPS Commerce
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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 CEO of SPS Commerce, as recorded in our data.
SPS Commerce is a funded company, having raised a total of $50.5M across 4 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Feb 2000.
SPS Commerce has 2,780 employees.
Annual revenue of SPS Commerce is $751.5M as on Dec 31, 2025.
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 Cart.com, Zenput and BigCommerce.
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 website of SPS Commerce receives about 986 thousand visits a month and ranks #31,360 among all websites worldwide.