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Sprout Social, Inc. reported raising $37 Million in an initial SEC Form D filing, from an offering of $42 Million

PUBLIC · SPTFeb 23, 2016$37M of $42M raised

Amount Raised

$37 Million

$37 Million sold, per SEC Form D (first sale Feb 23, 2016)

Round Type

Venture

ChicagoOtherSoftwareAnalyticsSocial MediaSocial Media Management

Quick answer

Sprout Social raised $37 Million in a funding round, dated February 23, 2016. Sprout Social is based in Chicago, Illinois, United States.

How much did Sprout Social raise?
Sprout Social raised $37 Million in a funding round on February 23, 2016.
What does Sprout Social do?
Sprout Social offers deep social media listening and analytics, social management, customer care, commerce and advocacy solutions to more than 34,000 brands and agencies worldwide.
Where is Sprout Social based and how big is it?
Sprout Social is based in Chicago, Illinois, United States. Fundz records about 1,400 employees.
Who are the decision-makers at Sprout Social?
Fundz holds 2 contacts at Sprout Social, including the Founder, CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Analytics and Social Media around the same time

Companies in the same sectors as Sprout Social that raised within 45 days of this round, from Fundz verified event records.

  • Beeline Holdings raised $880K (Seed) on April 4, 2016.
  • LeanTaaS raised $169K (Seed) on March 23, 2016.
  • Striim raised $30M on March 22, 2016.
  • Zoomph, Inc. raised $233K (Pre-Seed) on February 22, 2016.
  • QMerit, Inc. raised $2M (Seed) on April 7, 2016.
  • Sales Rabbit raised $3.1M on March 30, 2016.

Who to call at Sprout Social, and when

A new round usually means Sprout Social is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Sprout Social raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Sprout Social, from your own LinkedIn network

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Company Information

Company

Sprout Social

Location

131 S. Dearborn St., Suite 700

Chicago, Illinois, United States

About

Sprout Social offers deep social media listening and analytics, social management, customer care, commerce and advocacy solutions to more than 34,000 brands and agencies worldwide. Sprout’s unified platform integrates the power of social throughout every aspect of a business and enables social leaders at every level to extract valuable data and insights that drive their business forward. Headquartered in Chicago, Sprout operates across major social media networks and digital platforms, including Twitter, Facebook, Instagram, TikTok, Pinterest, YouTube and LinkedIn.

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Fundz sees it the moment Sprout Social raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsJustyn H., Founder, CEO hidden hiddenSee plans and pricing
Predictive Intelligence
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ML-powered predictions for Sprout Social's next move

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Sprout Social raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.