Sprout Social

Chicago, IL Software Public

Sprout Social is a cloud-based social media management and intelligence software platform that helps businesses publish content, engage with audiences, manage customer care, and measure performance across social networks. The Chicago-based SaaS company serves customers from SMBs to enterprises with tools spanning publishing, listening, analytics, employee advocacy, and AI-driven insights. Sprout Social was founded in 2010 by Justyn Howard, Aaron Rankin, Gil Lara, and Peter Soung, and went public on the Nasdaq under ticker SPT in December 2019.

Public Company

Sprout Social is publicly traded

IPO'd on December 13, 2019

SPT NASDAQ

This company is no longer available on our private secondary market. Shares can be traded publicly under SPT.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2010

Employees

1,400–1,450

Total Funding

$93.5M

4 rounds

Last Private Valuation

$0.8B

December 19, 2018

Funding

Total raised $93.5M across 4 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series D

Date

December 19, 2018

Amount

$40.5M

Valuation

$0.8B

Lead Investors

Future Fund
DateRoundAmount RaisedValuationLead Investors
December 19, 2018 Series D $40.5M $0.8B Future Fund
February 17, 2016 Series C $42M Goldman Sachs
February 23, 2011 Series B $10M New Enterprise Associates

Leadership

  • Ryan Barretto

    Chief Executive Officer

    LinkedIn
  • Justyn Howard

    Co-Founder & Executive Chair

    LinkedIn
  • Aaron Rankin

    Co-Founder & Chief Technology Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Sprinklr

    Enterprise customer experience management platform with social media management, advertising, and customer service capabilities. Public on NYSE (CXM).

  • Hootsuite

    Vancouver-based private social media management platform offering scheduling, analytics, and unified inbox across major social networks.

  • Khoros

    Austin-based platform combining social media management, customer care, online community management, and marketing automation for enterprise brands.

  • Emplifi

    Unified customer experience platform combining social media marketing, commerce, and care, formed from the merger of Socialbakers and Astute.

  • Brandwatch

    Consumer intelligence and social media management suite owned by Cision, offering listening, analytics, and engagement tools for enterprises.

  • Meltwater

    Media intelligence and social listening platform offering monitoring, analytics, and social media management capabilities.

Sprout Social Investment FAQ

Sprout Social FAQ

Yes, Sprout Social is publicly traded under the ticker symbol SPT on the NASDAQ. The company went public in December 13, 2019.

Sprout Social trades under the ticker symbol SPT on the NASDAQ. It began trading in December 13, 2019.

Sprout Social (SPT on the NASDAQ) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker SPT to place an order.

Sprout Social went public in December 13, 2019 via ipo, with an offering valuation of approximately $0.8B. Sprout Social completed its IPO on the Nasdaq Capital Market on December 13, 2019, pricing 8,823,530 shares of Class A common stock at $17.00 per share and raising approximately $150 million. The IPO valued the company at a fully diluted market cap of roughly $894M. The stock trades under ticker symbol SPT.

Sprout Social raised $93.5M across 4 disclosed funding rounds prior to its public listing.

Sprout Social was co-founded by Justyn Howard, and Aaron Rankin in 2010.

Sprout Social is headquartered in Chicago, IL.

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