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

Headquarters

Chicago, Illinois

Founded

2010

Overview

Sprout Social provides a social media management platform that helps businesses improve 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 pay a recurring fee for the services. Sprout Social also provides educational resources like webinars and certification programs to help users enhance their social media skills. What sets Sprout Social apart from competitors is its focus on delivering over 180 metrics and dimensions in its premium analytics, which helps businesses understand their audience and optimize their strategies effectively. The goal of Sprout Social is to assist businesses in increasing brand awareness, fostering customer loyalty, and improving their return on investment.

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Simplify's Take

What believers are saying

  • Sprout Social's subscription model ensures predictable revenue and customer retention.
  • The company is recognized as a leader in social marketing platforms by IDC MarketScape.
  • Sprout Social's strong gross profit margins of 77.5% indicate financial health.

What critics are saying

  • Sprout Social relies on debt financing, extending credit agreements to 2030.
  • The rise of video-centric tools in recruitment may challenge Sprout Social's offerings.
  • Intensifying competition from companies like monday.com could erode market share.

What makes Sprout Social unique

  • Sprout Social offers a comprehensive suite of social media management tools.
  • The platform integrates seamlessly with popular CRM systems like Salesforce and Zendesk.
  • Sprout Social provides advanced analytics with over 180 metrics for detailed insights.

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Funding

Total Funding

$251.5M

Above

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

-1%

1 year growth

0%

2 year growth

1%
A Health Insurance
Apr 19th, 2025
DBL PONEY, SAW, SKADE, Sprout through to ESEA Premier Season 38 Europe

DBL PONEY, SAW, SKADE, Sprout through to ESEA Premier Season 38 Europe.

SFNet
Apr 7th, 2025
Sprout Social Extends Credit Agreement to 2030

CHICAGO - Sprout Social, Inc. (SPT), a prepackaged software services company with a market capitalization of $1.15 billion and impressive revenue growth of 22% over the last twelve months, has amended its credit agreement, extending the maturity date and revising the interest rate determination method, according to a recent SEC filing. According to InvestingPro analysis, the company maintains strong gross profit margins of 77.5%, though it’s currently operating at a loss.

PR Newswire
Feb 27th, 2025
Truckers Network Association Introduces Video Job Spotlights, Paving The Way For The Future Of Recruitment

New app update harnesses video technology to enhance recruiting and hiring, signaling a shifttoward more engaging recruitment across industries.CHICAGO, Feb. 27, 2025 /PRNewswire/ -- The Truckers Network Association has officially launched an industry-first innovation to its mobile app, introducing video posting and advertising capabilities for companies to identify and hire experienced drivers. This groundbreaking feature transforms driver recruitment by enabling employers to post video job spotlights, moving beyond static text to create a more engaging, high-impact recruiting solution.With video content driving six times more engagement than traditional job listings, the Truckers Network Association's latest innovation leverages AI and other leading technologies to help companies attract top talent more effectively. By leveraging video advertising as a recruiting strategy instead of straight text, employers can showcase their company culture, introduce their teams, and make a lasting impression on potential hires — all in a format that today's workforce prefers.Revolutionizing the Hiring Process"In today's world, the way people consume content has changed, but recruiting strategies have not evolved, until now," said Steve Gold, CEO of the Truckers Network Association. "Almost all employers are utilizing the same programmatic advertising strategies across the same institutional platforms. Truckers Network Association's video job spotlights give each employer a competitive edge, helping them stand out, connect with drivers on a personal level, and ultimately speed up the hiring process

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.

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