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SendGrid

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Technologycloud platforms(PaaS)crmemail marketingenterprise software

SendGrid is a company offering a cloud-based customer communication platform. The platform allows developers and marketers to craft, segment, test, and deliver emails for such use cases as purchase confirmations, password reset instructions, an upcoming sale, a nurture campaign, etc.

Revenue(FY, 2017)
$111.9 M

Employee Rating

4.6More
TypeSubsidiary
Parent CompanyTwilio
HQDenver, CO, US
Founded2009
Websitesendgrid.com
Cybersecurity ratingCMore
SendGrid was founded in 2009 and is headquartered in Denver, CO, US

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Key People/Management at SendGrid

Jeff Lawson

Jeff Lawson

Co-Founder, CEO, & Chairman
George Hu

George Hu

COO
Karyn Smith

Karyn Smith

General Counsel and Corporate Secretary
Khozema Shipchandler

Khozema Shipchandler

CFO
Erin Reilly

Erin Reilly

Chief Social Impact Officer
Michelle Grover

Michelle Grover

Chief Information Officer
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SendGrid Office Locations

SendGrid has offices in Denver, Irvine, Redwood City and London
Denver, CO, US (HQ)
1801 California St #500
Irvine, CA, US
400 Spectrum Center Dr #400
Redwood City, CA, US
889 Winslow St #400
London, GB
41 Old St, Corsham St, Old Street
Show all (4)

SendGrid Financials and Metrics

Summary Metrics

Founding Date

2009

Total Funding

$80.4 m

Investors

Uncork Capital, Founders Fund, Bessemer Venture Partners, Techstars, Bain Capital Ventures, 500 Startups, Matt Mullenweg, FF Angel LLC, Foundry Group, Highway 12 Ventures, Scott Petry, Tom Keller, Techstars Ventures, Byron Deeter, Pete Sheinbaum, Pathfinder, All Blue Capital
In total, SendGrid had raised $80.4 m. SendGrid is a subsidiary of Twilio

SendGrid Revenue

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View revenue for all periods
SendGrid's revenue was reported to be $111.89 m in FY, 2017 which is a 40% increase from the previous period.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

42.8m58.5m79.9m111.9m

Revenue growth, %

37%37%40%

Cost of goods sold

15.2m19.0m21.6m29.5m

Gross profit

27.6m39.5m58.3m82.4m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

12.9m14.1m15.0m16.5m17.1m19.0m20.7m23.1m24.8m27.0m28.3m32.6m35.7m37.2m

Cost of goods sold

4.3m4.5m4.9m5.3m5.2m5.4m5.4m5.6m6.5m7.3m7.6m8.5m8.8m9.0m

Gross profit

8.6m9.6m10.1m11.2m11.9m13.7m15.3m17.5m18.4m19.7m20.7m24.1m26.9m28.2m

Gross profit Margin, %

67%68%67%68%69%72%74%76%74%73%73%74%75%76%
show all
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

9.3m40.4m175.5m

Accounts Receivable

2.6m4.1m5.8m

Prepaid Expenses

1.7m2.6m9.1m

Current Assets

14.0m47.2m190.3m
Quarterly
USDQ2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

37.6m37.4m168.6m182.3m186.4m

Accounts Receivable

4.7m6.7m5.8m6.1m6.8m

Prepaid Expenses

3.0m5.4m8.0m5.6m6.1m

Current Assets

45.4m49.5m182.4m95.1m200.4m
show all
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(13.0m)(5.9m)(3.9m)(6.3m)

Depreciation and Amortization

2.9m5.5m6.9m9.4m

Accounts Payable

523.0k1.1m2.8m3.7m

Cash From Operating Activities

(9.6m)1.2m9.7m9.7m
Quarterly
USDQ2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(3.5m)(3.5m)(1.8m)(3.1m)(4.7m)(1.3m)(1.6m)(4.0m)

Depreciation and Amortization

3.4m5.1m2.1m4.6m7.0m2.5m5.2m8.4m

Accounts Payable

1.6m1.3m301.0k2.1m4.3m(3.8m)(1.7m)2.2m

Cash From Operating Activities

2.4m7.1m1.7m5.1m10.1m(39.0k)8.7m16.0m
show all
Show all financial metrics

SendGrid Operating Metrics

Y, 2009FY, 2014FY, 2015Q2, 2016Q3, 2016Nov, 2016FY, 2016Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018Sep, 2019Jun, 2020

Customers

100 28.50 k33.40 k40 k42.70 k42 k45.90 k55.20 k58.20 k63.60 k69.30 k74.60 k78.60 k80 k80 k

Emails Processed (for the Period Ended)

100 m161 b233 b149 b237 b338 b210 b325 b457 b130.40 b140.20 b141.70 b

Retention Rate

116%112%110%110%111%117%116%117%113%114%113%

Patents (US)

1
Show all operating metrics

SendGrid Acquisitions / Subsidiaries

Company NameDateDeal Size
BizzyMarch 07, 2017
Message BusJune 10, 2015
JCKM
SendGrid UK Limited

SendGrid Revenue Breakdown

Embed Graph

SendGrid revenue breakdown by business segment: 13.4% from Marketing Campaigns, 79.5% from Email API and 7.1% from Other

SendGrid revenue breakdown by geographic segment: 62.5% from United States and 37.5% from International

Human Capital Metrics

Source: www.deartechpeople.com, fortune.com, sendgrid.com
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SendGrid Cybersecurity Score

Cybersecurity ratingPremium dataset

C

71/100

Learn more about our premium products
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SendGrid Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

Learn more about our premium products
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SendGrid Online and Social Media Presence

SendGrid's Trends

Embed Graph

SendGrid News and Updates

August 29, 2020

Sendgrid under siege from hacked accounts

Comments
August 06, 2019

Twilio launches SendGrid Ads and new cross-channel messaging API

At its annual Signal developer conference, Twilio today announced a couple of new features for developers on its core messaging platform and users of its recently acquired SendGrid email service. The new Twilio tools now allow developers to create multi-channel messaging tools and to get real-time s…
July 10, 2019

Twilio adds email automation and testing tools to SendGrid

Cloud communications company Twilio Inc. wants to help email marketers optimize their campaigns with new automation and testing features in its SendGrid platform. Twilio SendGrid was created following the firm’s $2 billion acquisition of SendGrid Inc. in October. The acquisition added cloud email s…
December 27, 2018

Transactional Email Software Global Market 2019-2025: Amazon, MailChimp, SendGrid, SendInBlue, Postmark

Wiseguyreports.Com Publish New Market Research Report On -“Transactional Email Software Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2019 - 2025” Posted via Industry Today. Follow us on Twitter @IndustryToday
December 18, 2018

SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of SendGrid, Inc. - SEND

NEW YORK, Dec. 17, 2018 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating the Board of Directors of SendGrid, Inc. ("SendGrid" or the...
November 21, 2018

Twilio Announces HSR Clearance for Proposed Transaction of SendGrid

SAN FRANCISCO, Nov. 21, 2018 (GLOBE NEWSWIRE) -- Twilio (NYSE: TWLO), the leading cloud communications platform, today announced that SendGrid and Twilio received notification of early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) on Nov…
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 SendGrid Frequently Asked Questions

  • When was SendGrid founded?

    SendGrid was founded in 2009.

  • Who are SendGrid key executives?

    SendGrid's key executives are Jeff Lawson, George Hu and Karyn Smith.

  • How many employees does SendGrid have?

    SendGrid has 133 employees.

  • What is SendGrid revenue?

    Latest SendGrid annual revenue is $111.9 m.

  • What is SendGrid revenue per employee?

    Latest SendGrid revenue per employee is $841.3 k.

  • Who are SendGrid competitors?

    Competitors of SendGrid include Front, SparkPost and CM Group.

  • Where is SendGrid headquarters?

    SendGrid headquarters is located at 1801 California St #500, Denver.

  • Where are SendGrid offices?

    SendGrid has offices in Denver, Irvine, Redwood City and London.

  • How many offices does SendGrid have?

    SendGrid has 4 offices.