Sprout Social

Sprout Social

Social media management and analytics platform

About Sprout Social

Simplify's Rating
Why Sprout Social is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Consulting

Consumer Software

Company Size

1,001-5,000

Company Stage

IPO

Total Funding

$98.7M

Headquarters

Chicago, Illinois

Founded

2010

Overview

Sprout Social provides a social media management platform that helps businesses enhance their social media strategies. The platform offers a variety of tools for publishing content, analyzing performance, engaging with audiences, and listening to social conversations. Users can access these features through a subscription model, which allows them to manage their social media presence effectively. Sprout Social stands out from competitors by offering extensive educational resources, including webinars and certification programs, to help users improve their social media management skills. The company's goal is to assist businesses in increasing brand awareness, fostering customer loyalty, and achieving better return on investment by providing insights and metrics that inform their social media efforts.

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Simplify's Take

What believers are saying

  • Growing demand for AI-driven social media analytics enhances Sprout Social's market potential.
  • Recognition as a leader in social marketing platforms boosts Sprout Social's credibility.
  • Strategic partnerships, like with O&L BrandX, expand Sprout Social's market reach.

What critics are saying

  • Emerging competition offers similar features at lower costs, threatening market share.
  • Rapid evolution of AI tools by competitors may outpace Sprout Social's offerings.
  • Changes in social media algorithms require constant adaptation and updates.

What makes Sprout Social unique

  • Sprout Social offers a comprehensive suite of tools for social media management.
  • The platform integrates with popular business software like Salesforce and Zendesk.
  • Sprout Social provides robust security features and compliance certifications.

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Funding

Total Funding

$98.7M

Below

Industry Average

Funded Over

5 Rounds

Notable Investors:
IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Wellness Program

Professional Development Budget

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

2%

2 year growth

1%
Solutions Review
Feb 14th, 2025
Top MarTech News From the Week of February 14th: Updates from monday.com, Upland, Amplitude, and More

Sprout Social, a social media management and analytics software, has launched its rebranded influencer marketing platform.

Stock Titan
Jan 14th, 2025
Sprout Social Recognized by Built In as a Best Place to Work for the Sixth Consecutive Year

CHICAGO, Jan. 14, 2025 (GLOBE NEWSWIRE) - Sprout Social (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, has been named as a best place to work in Chicago and Seattle by Built In's 2025 Best Places to Work Awards.

MarTech 360
Dec 18th, 2024
Sprout Social Named Leader in IDC MarketScape on Worldwide Social Marketing Platform

Sprout Social named Leader in IDC MarketScape on Worldwide Social Marketing Platform.

GlobeNewswire
Dec 17th, 2024
Sprout Social Named A Leader In Worldwide Social Marketing Software For Large Enterprises By Idc Marketscape

CHICAGO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Sprout Social (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, has been named a Leader in the 2024-25 IDC MarketScape on Worldwide Social Marketing Platform: Large Enterprises. The report recognizes Sprout for its innovative platform that helps enterprise organizations scale their strategies and drive more business impact with social.Sprout Social helps organizations amplify their brands, engage more efficiently with customers and deliver more ROI from their social efforts. The independent report highlights Sprout’s intuitive workflows, AI-powered features and strong integrations with popular business software like Salesforce and Zendesk. The IDC report also emphasizes Sprout’s robust security features and compliance certifications, which provide critical support to enterprise companies scaling their social operations.“Our team works incredibly hard to deliver powerful products and results for our customers, and we are proud to be recognized by IDC as a leader in our industry,” said Erika Trautman, Chief Product Officer at Sprout Social. “We strive to provide the world’s largest and most innovative brands with an intuitive platform that solves their complex workflows and provides comprehensive functionality

New Era
Dec 12th, 2024
O&L's BrandX to partner with Sprout Social

O&L BrandX proudly announces its strategic agency partnership with Sprout Social.

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