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.
Sprout Social is publicly traded
IPO'd on December 13, 2019
This company is no longer available on our private secondary market. Shares can be traded publicly under SPT.
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
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
| Date | Round | Amount Raised | Valuation | Lead 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 |
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.
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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