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.
- Website
- www.springbot.com/
Key Metrics
Founded Year
2012
Location
Atlanta, United States
Stage
Series B
Total Funding
$53.7M in 9 rounds
Latest Funding Round
Investors
Ranked
11th among 1012 active competitors
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:
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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 |
View details of Springbot's funding rounds and investors
Springbot's founders and board of directors
Founder? Claim ProfileHere are the details of Springbot's key team members:
- Allen Nance: Co-Founder of Springbot and founder of 4 other companies, including Southern Equity, WhatCounts and Stackfolio. They are also an angel investor in 1 startup.Contact Info: 2 email addresses
- Joe Reger: Former Co-Founder of Springbot and founder of 1 other company.
- Marc Pickren: CEO of Springbot. Contact Info: 1 email address
View details of Springbot's Founder profiles and Board Members
Springbot's employee count trend
Springbot has 56 employees as of Jul 24. Here is Springbot's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Klaviyo 2012, Boston (United States), Public | SaaS-based e-mail marketing software solutions for e-commerce businesses | $778M | 81/100 | |
2nd | Riskified 2013, New York City (United States), Public | AI-based payment fraud prevention solutions for e-commerce solution | $232M | 73/100 | |
3rd | CommerceIQ 2012, Mountain View (United States), Series D | Provider of unified AI platform for retail ecommerce sales and optimization | $196M | 71/100 | |
4th | Bango 1999, Cambridge (United Kingdom), Public | Provider of marketing solutions for e-commerce businesses | - | 71/100 | |
5th | Signifyd 2011, Palo Alto (United States), Series E | Provider of fraud prevention and payment validation for online retailers | $394M | 70/100 | |
6th | Ravelin Technology 2014, London (United Kingdom), Acquired | Provider of AI-native fraud and abuse prevention solutions for merchants | $37.2M | 69/100 | |
7th | Rokt Technologies 2012, United States, Series E | Personalized marketing tools for e-commerce businesses | $488M | 68/100 | |
8th | Nitro Commerce 2023, Gurugram (India), Series A | AI-driven marketing automation platform for e commerce businesses | $6.8M | 66/100 | |
9th | Zoovu 2010, Boston (United States), Series C | Provider of AI-based customer engagement solutions for e-commerce businesses | $200M | 65/100 | |
10th | Intelligence Node 2012, Mumbai (India), Acquired | Provider of AI-driven eCommerce platform for retail analytics and optimization | $17.2M | 65/100 | |
11th | Springbot 2012, Atlanta (United States), Series B | Automated marketing for Magento | $53.7M | 63/100 |
Looking for more details on Springbot's competitors? Click here to see the top ones
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
Media has covered Springbot for 1 event in last 1 year, It was about company updates.
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Springbot Integrates Identity Matrix into Its AI Marketing ArsenalBusiness Wire•Sep 25, 2025•Springbot
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Higher Logic Hires Experienced High-Growth Chief Marketing OfficerRad AI•Sep 16, 2021•Higher Logic, Springbot
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Atlanta e-commerce marketing startup Springbot raises $14MThe Business Journals•Jan 13, 2021•Springbot, Sterling National Bank
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Springbot Introduces SMS Marketing, Allowing Retailers to Connect With Shoppers Via Text MessagingMarTech Series•Sep 24, 2020•Springbot
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Springbot Adds Facebook Messenger to eCommerce Marketing PlatformBusiness Wire•Mar 26, 2019•Messenger, Springbot, Facebook
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New Springbot Resource Provides SMB Retailers with Map to Marketing ExcellenceBusiness Wire•Oct 23, 2018•Springbot
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