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Springbot - About the company

Springbot is a series B company based in Atlanta (United States), founded in 2012 by Allen Nance and Joe Reger. It operates as an Automated marketing for Magento. Springbot has raised $53.7M in funding from investors like Georgia Institute of Technology, North Atlantic Capital and Harbert Management. The company has 1012 active competitors, including 220 funded and 142 that have exited. Its top competitors include companies like Klaviyo, Riskified and CommerceIQ.

Company Details

Springbot delivers an eCommerce marketing platform to small & medium businesses on Magento. The Software as a Service offering integrates and makes simple the data, content, and multi-channel marketing tools (social, online, mobile, email) SMBs need to drive more traffic, conversions, and overall revenue. It uses predictive analysis to show which campaigns would reap the most benefit, and accordingly launch them. It then tracks the campaigns and improves its logic based on the results.
Social
XFacebook
Key Metrics
Founded Year
2012
Location
Atlanta, United States
Stage
Series B
Total Funding
$53.7M in 9 rounds
Latest Funding Round
Ranked
Employee Count
56 as on Jul 01, 2024
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Springbot's funding and investors

Springbot has raised a total funding of $53.7M over 9 rounds. Its first funding round was on Jul 01, 2012. Its latest funding round was a Series B round on Jan 13, 2021 for $*****. 1 investor participated in its latest round. Springbot has 11 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Springbot:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 13, 2021
6987388
Series B
6757176
7386990
7859455
2283723
Dec 09, 2020
2511167
Series B
9602963
5190687
4428158
1770985
Oct 16, 2018
5056872
Series B
8975378
6551416
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Springbot's founders and board of directors

Founder? Claim Profile
The founders of Springbot are Allen Nance and Joe Reger. Marc Pickren is the CEO of Springbot.
Here are the details of Springbot's key team members:

Springbot's employee count trend

Springbot has 56 employees as of Jul 24. Here is Springbot's employee count trend over the years:
Employee count trend for Springbot
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Springbot's Competitors and alternates

Top competitors of Springbot include Klaviyo, Riskified and CommerceIQ. Here is the list of Top 10 competitors of Springbot, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Klaviyo
Klaviyo
2012, Boston (United States), Public
SaaS-based e-mail marketing software solutions for e-commerce businesses
$778M
81/100
2nd
Logo for Riskified
Riskified
2013, New York City (United States), Public
AI-based payment fraud prevention solutions for e-commerce solution
$232M
73/100
3rd
Logo for CommerceIQ
CommerceIQ
2012, Mountain View (United States), Series D
Provider of unified AI platform for retail ecommerce sales and optimization
$196M
71/100
4th
Logo for Bango
Bango
1999, Cambridge (United Kingdom), Public
Provider of marketing solutions for e-commerce businesses
-
71/100
5th
Logo for Signifyd
Signifyd
2011, Palo Alto (United States), Series E
Provider of fraud prevention and payment validation for online retailers
$394M
70/100
6th
Logo for Ravelin Technology
Ravelin Technology
2014, London (United Kingdom), Acquired
Provider of AI-native fraud and abuse prevention solutions for merchants
$37.2M
69/100
7th
Personalized marketing tools for e-commerce businesses
$488M
68/100
8th
Logo for Nitro Commerce
Nitro Commerce
2023, Gurugram (India), Series A
AI-driven marketing automation platform for e commerce businesses
$6.8M
66/100
9th
Logo for Zoovu
Zoovu
2010, Boston (United States), Series C
Provider of AI-based customer engagement solutions for e-commerce businesses
$200M
65/100
10th
Logo for Intelligence Node
Intelligence Node
2012, Mumbai (India), Acquired
Provider of AI-driven eCommerce platform for retail analytics and optimization
$17.2M
65/100
11th
Logo for Springbot
Springbot
2012, Atlanta (United States), Series B
Automated marketing for Magento
$53.7M
63/100
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Springbot's Investments and acquisitions

Springbot has made no investments or acquisitions yet.

Reports related to Springbot

Here is the latest report on Springbot's sector:

News related to Springbot

lockFilter this list
Media has covered Springbot for 1 event in last 1 year, It was about company updates.
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