Sprout Social

General Information


Sprout Social is a powerful, centralized platform that provides the critical business layer to unlock the massive commercial value of social media. Currently, more than 23,000 customers across 100 countries rely on our platform to reach larger audiences, create stronger relationships with their customers and make better business decisions. Sprout Social empowers businesses around the globe to tap into the power and opportunity presented by the shift to social communication. Social media reaches almost half of the world’s population, significantly influences buying behaviors and has changed the way the world communicates. Billions of users are sharing their interests, opinions and values with their social networks every day and are using social media to communicate with and about businesses, organizations and causes on an unprecedented scale. Virtually every aspect of business has been impacted by social media, from marketing, sales and public relations to customer service, product and strategy, creating a need for an entirely new category of software. We offer our customers a centralized, secure and powerful platform to manage this broad, complex channel effectively across their organization.

Employees: 610
Founded: 2010
Contact Information
Address 131 South Dearborn St., Suite 700, Chicago, IL 60603, US
Phone Number (866) 878-3231
Web Address http://www.sproutsocial.com
View Prospectus: Sprout Social
Financial Information
Market Cap $814.0mil
Revenues $96.8 mil (last 12 months)
Net Income $-24.9 mil (last 12 months)
IPO Profile
Symbol SPT
Exchange NASDAQ
Shares (millions): 8.8
Price range $17.00 - $17.00
Est. $ Volume $150.0 mil
Manager / Joint Managers Goldman Sachs/ Morgan Stanley
CO-Managers KeyBanc Capital Markets/ William Blair/ Canaccord Genuity/ Stifel
Expected To Trade: 12/13/2019
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change