SPS Commerce
United States
Valuation
$937.9M
2024 Revenue
$552.8M
Customers
43K
Funding
$50.5M
Avg ACV
$12.9K
Team
2.2K
Founded
1987
SPS Commerce Revenue, Valuation & Funding (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 | Source |
|---|---|---|
| 2024 | SPS Commerce Hit $552.8m revenue in December 2024 | investors.spscommerce.com |
| 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 | Source |
|---|---|---|---|---|---|
| 2007 | Funding round | $7.5M | - | - | |
| 2003 | Funding round | $18M | - | - | |
| 2001 | Funding round | $10M | - | - | |
| 2000 | Funding round | $15M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
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) | |
| 2021 | Reached 1.7K employees (April 2021) |
Frequently 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 across 4 rounds.
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.
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.
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