SPS Commerce
United States
2024 Revenue
$552.8M
Customers
43K
Funding
$50.5M
Avg ACV
$12.9K
Team
2.2K
Founded
1987
SPS Commerce Revenue & Funding (2024)
SPS Commerce generated $552.8M in revenue in 2024. Source: investors.spscommerce.com
SPS Commerce is a provider of cloud-based supply chain management services. The company provides proven integrations and retail performance to retailers, suppliers, third-party logistics providers and partners. The company was founded in 1987 and is based in Minneapolis, Minnesota.
Last updated
SPS Commerce Revenue
In 2024, SPS Commerce's revenue reached $552.8M. The company previously reported $312.6M in 2021.
| Year | Milestone | Source |
|---|---|---|
| 2024 | SPS Commerce Hit $552.8m revenue in December 2024 | investors.spscommerce.com |
| 2021 | SPS Commerce Hit $312.6m revenue in April 2021 | Not recorded |
| 1987 | Launched with $0 revenue |
SPS Commerce Valuation, Funding Rounds
SPS Commerce has not publicly disclosed its valuation. The company has raised $50.5M in total funding to date.
SPS Commerce has raised $50.5M in total funding across 4 rounds, with its most recent round in 2007.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2007 | Funding round | $7.5M | - | - | Not recorded |
| 2003 | Funding round | $18M | - | - | Not recorded |
| 2001 | Funding round | $10M | - | - | Not recorded |
| 2000 | Funding round | $15M | - | - | Not recorded |
Founder / CEO
Customers
SPS Commerce serves 43K customers.
SPS Commerce Employees & Team Size
SPS Commerce employs approximately 2.2K people as of 2026, up from 1.7K in 2021, including 355 sales reps that carry a quota. It serves 43K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 2.2K employees (December 2024) | Not recorded |
| 2021 | Reached 1.7K employees (April 2021) | Not recorded |
Frequently Asked Questions about SPS Commerce
Is SPS Commerce a public company?
Yes. SPS Commerce is publicly traded.
What is SPS Commerce's revenue?
As of 2024, SPS Commerce generated $552.8M in revenue.
Who founded SPS Commerce?
SPS Commerce was founded by Archie Black.
Who is the CEO of SPS Commerce?
The CEO of SPS Commerce is Archie Black.
How much funding does SPS Commerce have?
SPS Commerce raised $50.5M across 4 rounds.
How many employees does SPS Commerce have?
As of 2024, SPS Commerce had 2.2K employees.
Where is SPS Commerce headquartered?
SPS Commerce is headquartered in United States.
Compare SPS Commerce to the industry
SPS Commerce operates across multiple industries. Browse revenue, funding, and growth data for SPS Commerce in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed
Back Market
Back Market is the leading global marketplace dedicated to verified refurbished technology...
ESG Elektroniksystem- und Logistik-GmbH
ESG Elektroniksystem- und Logistik is a provider of information technology services. The company...
KLOOK
Klook is a travel and tourism platform that operates the website klook.com. The company was founded...
Acronis
Acronis is a provider of backup, recovery and security services for physical, virtual and cloud...
Talkdesk
Talkdesk is a cloud-based contact center software company that provides a platform for businesses...
We Doctor
WeDoctor is an online healthcare services company that provides a platform for online medical...
