SendGrid - About the company
SendGrid is an acquired company based in Boulder (United States), founded in 2009 by Isaac Saldana, Jose Lopez and Tim Jenkins. It operates as an Email API and marketing campaigns for reliable email delivery. SendGrid has raised $83.5M in funding from investors like Bain Capital Ventures, Bessemer Venture Partners and 500 Global, with last known valuation of $*****. The company has 814 active competitors, including 14 funded and 64 that have exited. Its top competitors include companies like iContact, LiveIntent and Mailjet.
Company Details
Email API and marketing campaigns for reliable email delivery. It provides a suite of tools designed to enhance customer engagement and increase ROI through effective email communication. The platform offers both an Email API, trusted for reliable email delivery at scale, and Email Marketing Campaigns, a suite of tools to create engaging campaigns. Features include SMTP Service, Email Validation, Deliverability Insights, Dynamic Templates, and a 5-minute Integration process. For marketers, the platform provides Email Automation, Signup Forms, Email Testing, Email Design, Email Templates, and Email Statistics. Expert Services are also available, offering set-up assistance, delivery help, and ongoing consulting. It provides resources and support, including guides, a blog, customer help resources, a knowledge center, and API references. The platform supports multiple programming languages with featured libraries and offers solutions for developers, startups, marketers, enterprises, and e-commerce businesses. It is a cloud-based platform offering subscription and pricing plans.
- Website
- sendgrid.com
- Registered Address
- Denver, Colorado
Key Metrics
Founded Year
2009
Location
Boulder, United States
Stage
Acquired
Total Funding
$83.5M in 8 rounds
Latest Funding Round
Last Known Valuation
$***** as on Oct 25, 2017
Investors
Ranked
2nd among 814 active competitors
Employee Count
449 as on Dec 31, 2018
Exit Details
Acquired by Twilio (Oct 15, 2018)
Legal entities associated with SendGrid
SendGrid is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SENDGRID, INC. CIN: 27-0654600 , United States, Active | Dec 31, 2008 | - | - | - |
SENDGRID, INC. CIN: 270654600 , United States, Active | Dec 26, 999 | - | 449 (As on Dec 31, 2018) | - |
SendGrid's acquisition details
SendGrid got acquired by Twilio on Oct 15, 2018 at an acquisition amount of $3B. It was facilitated by Skadden, Cooley, Morgan Stanley and 2 more.
Click here to take a look at SendGrid's acquisition in detail
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SendGrid's funding and investors
SendGrid has raised a total funding of $83.5M over 8 rounds. Its first funding round was on Aug 06, 2009. Its latest funding round was a Series D round on Nov 29, 2016 for $*****. 4 investors participated in its latest round. SendGrid has 22 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of SendGrid:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 29, 2016 | 4298883 | Series D | 8741875 | 8649056 | 3626306 | 8436664 |
Apr 14, 2016 | 4131978 | Series C | 4129870 | 1657097 | 3897375 | 4891334 |
Dec 08, 2015 | 7740307 | Series C | 7650678 | 4791536 | 6154775 | 1447565 |
View details of SendGrid's funding rounds and investors
SendGrid's founders and board of directors
Founder? Claim ProfileHere are the details of SendGrid's key team members:
- Isaac Saldana: Former Co-Founder of SendGrid and founder of 6 other companies, including Beautijoy, Hive Hatch and Threads. They are also an angel investor in 2 startups.Contact Info: 1 email address
- Jose Lopez: Co-Founder of SendGrid and founder of 2 other companies, Threads and Reflector.io.
- Tim Jenkins: Former Co-Founder of SendGrid and founder of 1 other company.
View details of SendGrid's Founder profiles and Board Members
SendGrid's employee count trend
SendGrid has 449 employees as of Dec 18. The total employee count is 6.0% more than what it was in Dec 17. Here is SendGrid's employee count trend over the years:
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SendGrid's Competitors and alternates
Top competitors of SendGrid include iContact, LiveIntent and Mailjet. Here is the list of Top 10 competitors of SendGrid, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | iContact 2003, Morrisville (United States), Acquired | Easy email marketing platform empowering businesses with intuitive tools and expert support | $47.8M | 69/100 | |
2nd | SendGrid 2009, Boulder (United States), Acquired | Email API and marketing campaigns for reliable email delivery | $83.5M | 65/100 | |
3rd | LiveIntent 2009, New York City (United States), Acquired | Real time email advertising and marketing platform | $64.8M | 62/100 | |
4th | Cloud based platform for Transactional and Marketing Emails | $17.6M | 56/100 | ||
5th | GetResponse 1998, Wilmington (United States), Unfunded | Email marketing suite | - | - | 53/100 |
6th | Developer of email, internet, and sales force automation software solutions | - | - | 49/100 | |
7th | Bizzy 2013, Stanford (United States), Acquired | SMB Email marketing platform | $33.1M | 48/100 | |
8th | Coherent Path 2012, Boston (United States), Acquired | Customer loyalty and predictive analysis | $9.42M | 47/100 | |
9th | Dyspatch 2013, San Francisco (United States), Series A | Cloud based platform offering software for email marketing | $7.42M | 47/100 | |
10th | Web-based email marketing platform | - | - | 46/100 |
Looking for more details on SendGrid's competitors? Click here to see the top ones
SendGrid's Investments and acquisitions
SendGrid has acquired 2 companies including Bizzy and Message Bus. SendGrid has not made any investments as of now.Reports related to SendGrid
Here is the latest report on SendGrid's sector:
News related to SendGrid
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Ping Identity Highlights the Addition of Board MembersBusiness Wire•Nov 25, 2019•Ping Identity, DigitalOcean, SendGrid
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Twilio Announces Conversations API for Multi-Channel MessagingProgrammableWeb•Aug 06, 2019•, SendGrid
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Twilio SendGrid Launches Advertising Channel and Marketing Campaign SolutionMarTech Advisor•Aug 06, 2019•SendGrid, Twilio
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