When was SPS Commerce founded?

SPS Commerce was founded in 1998 and raised its 1st funding round 2 years after it was founded.

Where is SPS Commerce located?

SPS Commerce is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota.

How many employees does SPS Commerce have?

As of Apr 30, 2026, the latest employee count at SPS Commerce is 3344.

Is SPS Commerce a funded company?

SPS Commerce is a funded company, having raised a total of $50.5M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Feb 08, 2000.

When was the latest funding round of SPS Commerce?

SPS Commerce's latest funding was a $***** Series B round on Jun 03, 2007, with participation from 0 investor. Its primary sector is E-Commerce Enablers. In United States, the E-Commerce Enablers sector has seen $759M in funding in 2026 to date.

What is the annual revenue of SPS Commerce?

Annual revenue of SPS Commerce is between $500M and $1B as on Dec 31, 2025

Where does SPS Commerce rank among its competitors?

SPS Commerce ranks 16th amongst 2353 active competitors, of which 265 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Cart.com, which secured $180M in Mar, 2026.

Who are the top competitors of SPS Commerce?

SPS Commerce's top competitors include Shopify, BigCommerce and Pattern Com. Among them, Cart.com secured the most recent funding round in March, 2026.

SPS Commerce - 2026 Company Profile, Funding, Competitors & Financials

SPS Commerce is a public company based in Minneapolis (United States), founded in 1998. It operates as a Provider of cloud-based platform for retail supply chain management solutions. SPS Commerce has raised $50.5M in funding from investors like Axiom Venture Partners, Granite Partners and Adams Street Partners. The company has 2353 active competitors, including 265 funded and 200 that have exited. Its top competitors include companies like Shopify, BigCommerce and Pattern Com.

Company Details

Provider of cloud-based platform for retail supply chain management solutions. The company offers electronic data interchange, product information management, and supply chain performance monitoring. It also provides solutions for revenue recovery, order management, and analytics. The platform aims to streamline operations and improve information exchange between businesses and their partners.

Website: www.spscommerce.com/
Social
Email ID: *****@spscommerce.com
Registered Address: Minneapolis, Minnesota

Key Metrics

Founded Year

1998

Location

Minneapolis, United States

Stage

Public

Total Funding

$50.5M in 4 rounds

Latest Funding Round

Series B, Jun 03, 2007, $*****

Investors

Axiom Venture Partners & 7 more

Ranked

16^th among 2353 active competitors

Annual Revenue

$500M - $1B as on Dec 31, 2025

Employee Count

3,344 as on Apr 30, 2026

Investment & Acquisitions

Carbon6 & 10 more

Similar Companies

Shopify & 2669 more

Exit Details

Public

View SPS Commerce's full profile

SPS Commerce is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SPS COMMERCE INC CIN: 1092699 , United States, Active	Apr 16, 2001	$500M - $1B (As on Dec 31, 2025)	-	-
SPS SUPPORT LTD CIN: 14029877 , United Kingdom, Active	Apr 05, 2022	£0 - £1M (As on Apr 30, 2023)	-
SPS COMMERCE, INC. CIN: 14120151270 , United States, Active	Mar 10, 2020	-	-	-
SPS COMMERCE, INC. CIN: 412015127 , United States, Active	Dec 26, 999	-	2131 (As on Dec 31, 2024)	-
SPS CIN: 44103064383 , Latvia, Deadpooled	Jan 31, 2011	€0 - €1M (As on Dec 31, 2017)	1 (As on Dec 31, 2016)	-

SPS Commerce got listed on Apr 22, 2010.

Click here to take a look at SPS Commerce's IPO in detail

SPS Commerce has raised a total funding of $50.5M over 4 rounds. Its first funding round was on Feb 08, 2000. SPS Commerce has 8 institutional investors.

Here is the list of recent funding rounds of SPS Commerce:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 03, 2007	8147319	Series B	3987736	1779636	3395910	8589609
May 19, 2003	1663639	Series B	7834125	4800862	3832089	CID Capital & 2 more
Jun 10, 2001	9945438	Series B	3284841	5029420	CID Capital & 3 more	3010008

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View details of SPS Commerce's funding rounds and investors

SPS Commerce's employee count trend

SPS Commerce has 3,344 employees as of Apr 26. Here is SPS Commerce's employee count trend over the years:

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Top competitors of SPS Commerce include Shopify, BigCommerce and Pattern Com. Here is the list of Top 10 competitors of SPS Commerce, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Shopify 2006, Ottawa (Canada), Public	Provider of an all-in-one commerce platform for businesses of all sizes	$122M	Georgian, Insight Partners & 19 others	88/100
2nd	BigCommerce 2009, Austin (United States), Public	Provider of ecommerce platform and related services for online businesses	$233M	Floodgate, General Catalyst & 14 others	74/100
3rd	Pattern Com 2009, London (United Kingdom), Public	Provider of ecommerce services including marketplace growth, fulfillment, and software	$277M	KSV Global, Ainge Advisory & 10 others	73/100
4th	ShopUp 2017, Dhaka (Bangladesh), Series B	Retailer of neighborhood shops and clothing	$198M	Valar Ventures, Flourish & 12 others	73/100
5th	AnyMind Group 2016, Minato (Japan), Public	Provider of e-commerce, marketing, and manufacturing platforms	$91.7M	Nomura, Mirai Creation Fund & 15 others	72/100
6th	CommerceIQ 2012, Mountain View (United States), Series D	Provider of unified AI platform for retail ecommerce sales and optimization	$196M	Shasta Ventures, Insight Partners & 6 others	71/100
7th	Dmall 2015, Budapest (Hungary), Public	Provider of digital solutions for retail operations and supply chain	$518M	China Structural Reform Fund, Tencent & 7 others	71/100
8th	WooCommerce 2008, Cape Town (South Africa), Acquired	Developer of an open-source platform for customizable ecommerce solutions	-	TeamX	69/100
9th	Kiteworks 1999, Palo Alto (United States), Series D	Provider of private data network for secure and compliant data exchange	$650M	Sixth Street, Insight Partners & 3 others	69/100
10th	Cart.com 2020, Houston (United States), Series D	Provider of unified commerce and logistics solutions for business growth	$735M	B. Riley Financial, Trinity Capital & 47 others	69/100
16th	SPS Commerce 1998, Minneapolis (United States), Public	Provider of cloud-based platform for retail supply chain management solutions	$50.5M	Adams Street Partners, Herald Investment Management ... & 6 others	67/100

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SPS Commerce has not made any investments yet. SPS Commerce has made 11 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 02, 2025	Acquisition	Carbon6	2021	New York City (United States)
Aug 01, 2024	Acquisition	SupplyPike	2016	Fayetteville (United States)
May 09, 2024	Acquisition	Traverse Systems	2000	Sugar Land (United States)