Sprout Social
General Information | |
Business: |
Sprout Social is a powerful, centralized platform that provides the critical business layer to unlock the massive commercial value of social media. Currently, more than 23,000 customers across 100 countries rely on our platform to reach larger audiences, create stronger relationships with their customers and make better business decisions. Sprout Social empowers businesses around the globe to tap into the power and opportunity presented by the shift to social communication. Social media reaches almost half of the world’s population, significantly influences buying behaviors and has changed the way the world communicates. Billions of users are sharing their interests, opinions and values with their social networks every day and are using social media to communicate with and about businesses, organizations and causes on an unprecedented scale. Virtually every aspect of business has been impacted by social media, from marketing, sales and public relations to customer service, product and strategy, creating a need for an entirely new category of software. We offer our customers a centralized, secure and powerful platform to manage this broad, complex channel effectively across their organization. |
Industry: | PREPACKAGED SOFTWARE |
Employees: | 610 |
Founded: | 2010 |
Contact Information | |
Address | 131 South Dearborn St., Suite 700, Chicago, IL 60603, US |
Phone Number | (866) 878-3231 |
Web Address | http://www.sproutsocial.com |
View Prospectus: | Sprout Social |
Financial Information | |
Market Cap | $814.0mil |
Revenues | $96.8 mil (last 12 months) |
Net Income | $-24.9 mil (last 12 months) |
IPO Profile | |
Symbol | SPT |
Exchange | NASDAQ |
Shares (millions): | 8.8 |
Price range | $17.00 - $17.00 |
Est. $ Volume | $150.0 mil |
Manager / Joint Managers | Goldman Sachs/ Morgan Stanley |
CO-Managers | KeyBanc Capital Markets/ William Blair/ Canaccord Genuity/ Stifel |
Expected To Trade: | 12/13/2019 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |