SPS Commerce
Valuation
$937.9M
2024 Revenue
$552.8M
Customers
43K
Funding
$50.5M
Avg ACV
$12.9K
Team
2.2K
Profits
$1
Churn
4%
How SPS Commerce CEO Archie Black grew SPS Commerce to $552.8M revenue and 43K customers in 2024.
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. Since its launch in 1987, SPS Commerce has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | SPS Commerce Hit $552.8m revenue in December 2024Source |
| 2021 | SPS Commerce Hit $312.6m revenue in April 2021 |
| 1987 | Launched with $0 revenue |
SPS Commerce Valuation, Funding Rounds
SPS Commerce's most recent disclosed valuation is $937.9M.
SPS Commerce has raised $50.5M in total funding across 4 rounds, with its most recent round in 2007.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2007 | Funding round | $7.5M | - | - |
| 2003 | Funding round | $18M | - | - |
| 2001 | Funding round | $10M | - | - |
| 2000 | Funding round | $15M | - | - |
SPS Commerce Employees & Team Size
SPS Commerce employs approximately 2.2K people as of 2026, up from 1.7K in 2021.
SPS Commerce has 2.2K total employees in different roles and functions and 355 sales reps that carry a quota. They have 43K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 2.2K employees (December 2024) |
| 2021 | Reached 1.7K employees (April 2021) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how SPS Commerce acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about SPS Commerce
What is SPS Commerce's revenue?
SPS Commerce generates $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.
How many employees does SPS Commerce have?
SPS Commerce has 2.2K employees.
Where is SPS Commerce headquarters?
SPS Commerce is headquartered in United States.
People Also Viewed
Back Market
Back Market is the leading global marketplace dedicated to verified refurbished technology, connecting consumers with high-quality refurbished electronic devices and appliances.
ESG Elektroniksystem- und Logistik-GmbH
ESG Elektroniksystem- und Logistik is a provider of information technology services. The company develops, integrates and operates electronic and information technology systems for the military, public authorities and companies in the automobile, aerospace and defense industries and from the areas of industrial goods and commercial vehicles. Founded in 1967 the company is headquartered in Fuerstenfeldbruck, Germany. Through certain mergers and acquisitions the company plans to expand its information technology services.
KLOOK
Klook is a travel and tourism platform that operates the website klook.com. The company was founded in 2014 and is headquartered in Hong Kong, with additional offices in other parts of Asia, Europe, and North America. Klook's platform offers a wide range of travel experiences and services, including attraction tickets, tours, activities, transportation, and hotel bookings. The platform provides users with a convenient and easy way to plan and book their travel itineraries, with features such as instant confirmation, mobile e-tickets, and 24/7 customer support. Klook partners with over 100,000 travel suppliers worldwide to offer users a diverse range of options across various destinations. The company has received numerous awards and recognition for its innovative approach to travel and tourism, and its commitment to sustainability and responsible tourism practices.
Talkdesk
Talkdesk is a cloud-based contact center software company that provides a platform for businesses to communicate with their customers through various channels such as voice, email, chat, and social media. Their software helps businesses to improve customer experience and streamline their customer support operations. Talkdesk also offers various features such as real-time reporting, call routing, automatic call distribution, and customer data integration. The company was founded in 2011 and is headquartered in San Francisco, California.
We Doctor
WeDoctor is an online healthcare services company that provides a platform for online medical consultations, connecting patients with doctors.
Builders FirstSource/Probuild
Builders FirstSource acquired ProBuild Holdings, LLC and its subsidiaries in 2015. Please follow Builders FirstSource for updates: https://www.linkedin.com/company/builders-firstsource/ Now, as the largest diversified suppliers of lumber and building materials to professional builders, contractors, and homeowners, Builders FirstSource currently operates approximately 450 lumber and building product distribution, manufacturing and assembly centers in 40 U.S. states. Builders FirstSource and its companies sell a broad selection of building materials including; lumber (dimensional and sheet goods), drywall products, millwork, trusses, roofing and siding products, insulation materials, and hardware specialties. Their manufacturing capabilities include trusses (roof and floor), wall panels, custom millwork, aluminum and vinyl windows and pre-hung door fabrication. We have the ability to sustain a long-term, aggressive growth strategy. Our collective strength combines unmatched national market coverage with local focus, benefiting multi-regional production builders, local builders and contractors. Our employees know that while superior customer service begins at each location, Builders FirstSource’s unparalleled resources extend our service advantage through supply chain efficiencies, technology enhancements and product diversification. As a company we are focused on getting things done right and on building a successful future, for customers, vendors and employees. Due to the complexity of the building industry, Builders FirstSource manages a variety of operations with a large selection of career opportunities throughout the country. With long-tenured employees, it is evident that we believe in promoting from within, offer a competitive benefits package and provide job satisfaction across the board. Now is the time to be part of building something truly special.
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.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .