# Springbot

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/springbot

- Industry: Software
- Headquarters: Atlanta, US
- Website: www.springbot.com
- Total disclosed funding: $28M
- Latest round: Series C (Oct 16, 2018)
- Investors on record: 8

## About

Springbot, Inc. is a technology-driven company that provides innovative solutions for marketing, web development, and sales enablement, tailored to meet the needs of businesses across various sectors.Founded in 2012, Springbot, Inc. operates from Atlanta, US, delivering advanced marketing solutions. The company raised USD 15 mn in Series C funding in October 2018, led by North Atlantic Capital. Joe Reger and Toni Provins, the founders, have a history of entrepreneurial ventures, enhancing the company's innovative direction.Springbot offers a comprehensive suite of technology solutions, including Springbot Studio for branding and web development, Springbot Send for email marketing, and Springbot Labs for AI-driven lead generation. These products aim to enhance customer engagement and operational efficiency for mid-market to enterprise clients across industries such as retail and healthcare, serving markets in North America, Europe, and parts of Asia.Springbot's revenue is generated primarily through subscription-based models. For instance, Springbot Send offers pricing plans ranging from USD 3,000 to USD 5,000 per month, facilitating comprehensive marketing solutions tailored to client needs. Contracts typically span multiple months, creating a stable revenue stream while delivering measurable outcomes for clients.With the recent Series C funding of USD 15 mn secured in October 2018, Springbot aims to expand its product offerings and geographic reach. The company plans to launch new products, enhancing its suite of marketing solutions, while targeting expansion into new markets in Europe and Asia by 2021. The funding will support these initiatives, positioning Springbot for strategic growth in the competitive technology landscape.

## Funding rounds

- Series C, Oct 16, 2018, $15M — North Atlantic Capital, Harbert Management, TTV Capital, TechOperators, Silicon Valley Bank, Forte Ventures, Tech Square Labs
- Series B, Dec 13, 2016, $10M — Harbert Management, TTV Capital, TechOperators
- Series A, Jul 24, 2013, $3M — TTV Capital, TechOperators, Forte Ventures, Nonami Investment
- Seed, Mar 1, 2013 — Forte Ventures

## Investors

- Forte Ventures (https://capitalatlas.ai/funds/forte-ventures) — Seed, Series A, Series C
- TTV Capital (https://capitalatlas.ai/funds/ttv-capital) — Series A, Series B, Series C
- TechOperators (https://capitalatlas.ai/funds/techoperators) — Series A, Series B, Series C
- Nonami Investment — Series A
- Harbert Management (https://capitalatlas.ai/funds/harbert-management) — Series B, Series C
- North Atlantic Capital (https://capitalatlas.ai/funds/north-atlantic-capital) — Series C
- Silicon Valley Bank — Series C
- Tech Square Labs (https://capitalatlas.ai/funds/tech-square-labs) — Series C