What is Sprig?
Sprig operates as a product experience insights platform, empowering businesses to enhance innovation and achieve greater product success. By enabling teams to deeply understand and optimize their offerings, Sprig positions itself as a critical tool for data-driven product development. The company is headquartered in San Francisco, California, a hub for technological advancement.
How much funding has Sprig raised?
Sprig has raised a total of $86.4M across 3 funding rounds:
Series A
$11.7M
Series B
$44.7M
Unspecified
$30M
Series A (2014): $11.7M with participation from Battery Ventures, Accel Partners, and Greylock Partners
Series B (2015): $44.7M led by Greylock Partners
Unspecified (2022): $30M, investors not publicly disclosed
Key Investors in Sprig
Battery Ventures
Battery Ventures is a venture capital firm that partners with exceptional founders and management teams developing category-defining businesses in markets including software and services, enterprise infrastructure, online marketplaces, healthcare IT, and industrial technology. Founded in 1983, the firm backs companies at all stages, ranging from seed and early to growth and buyout, and invests globally.
Accel Partners
Accel is a global venture capital firm that invests in companies at all stages, from seed to growth. They are known for backing category-defining companies and have a strong track record of supporting successful startups.
Greylock Partners
Greylock Partners is a venture capital firm focused on investing in exceptional entrepreneurs and developing global category leaders. They support companies at all stages with a unique approach to scaling and achieving significant market impact.
What's next for Sprig?
The substantial enterprise-level funding and recent strategic investment indicate Sprig is poised for accelerated growth and market expansion. This capital infusion will likely fuel further development of its platform, enhance its go-to-market strategies, and potentially support strategic acquisitions or partnerships. The company's focus on product experience insights aligns with the increasing demand for user-centric development, suggesting a strong future outlook.
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