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.

Employee Rating

4.5
TypeSubsidiary
Parent CompanyTwilio
HQDenver, CO, US
Founded2009
Websitesendgrid.com
Cybersecurity ratingBMore
SendGrid was founded in 2009 and is headquartered in Denver, CO, US
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Key People/Management at SendGrid

Jose Lopez

Jose Lopez

Co-Founder
David Friedman

David Friedman

Senior Director, Corporate Communications
Dana Sherrell

Dana Sherrell

Director of Software Engineering, Communications Infrastructure
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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
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SendGrid Financials and Metrics

Summary Metrics

Founding Date

2009

Total Funding

$80.4 m

Investors

In total, SendGrid had raised $80.4 m. SendGrid is a subsidiary of Twilio

SendGrid Revenue

Embed Graph
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%
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
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 financial metrics

SendGrid Operating Metrics

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

Customers

10028.5 k33.4 k40 k42.7 k42 k45.9 k55.2 k58.2 k63.6 k69.3 k74.6 k78.6 k80 k80 k

Emails Processed (for the Period Ended)

100 m161 b233 b149 b237 b338 b210 b325 b457 b130.4 b140.2 b141.7 b

Retention Rate

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

Patents (US)

1

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: 37.5% from International and 62.5% from United States

SendGrid Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

SendGrid Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

SendGrid Online and Social Media Presence

Embed Graph

SendGrid Company Culture

  • Overall Culture

    A+

    88/100

  • CEO Rating

    A+

    97/100

  • Compensation

    A+

    90/100

  • Diversity

    A

    87/100

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SendGrid News and Updates

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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…

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…

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
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SendGrid Blogs

Why Email Experts Love Twilio SendGrid’s Event Webhook

If you ever want to get a Twilio SendGrid expert talking, ask them about the Event Webhook. Then get comfortable because they’ll have a lot to say! Twilio SendGrid’s Event Webhook is a bit of a darling. Businesses love this powerful tool because it gives teams unlimited access to real-time data on e…

How to Insert a GIF Into Email

Inserting a GIF into your email campaign can add creativity and help you stand out. Learn more on how to insert a GIF into your emails. The post How to Insert a GIF Into Email appeared first on SendGrid.

A Guide to User-Generated Content (UGC)

User-generated content is original, brand-specific content posted online by customers. Learn more about UGC and how to use it in email marketing. The post A Guide to User-Generated Content (UGC) appeared first on SendGrid.

Integrate Twilio and SendGrid Accounts Through Single Sign-On With Okta

Learn how to integrate Twilio and SendGrid accounts, account management, and user authentication all through Single Sign-On with Okta. The post Integrate Twilio and SendGrid Accounts Through Single Sign-On With Okta appeared first on SendGrid.

ISP Panel: What We Learned About Sender Reputation, Spam and the Impact of Apple’s MPP

Email deliverability should be a high priority for any sender. After all, you can’t achieve your email program goals if your emails never reach recipients’ inboxes.  In a recent Twilio SendGrid webinar, we caught up with a panel of internet service providers (ISPs) to talk about the latest trends an…

Single Sign-On (SSO) Is Now Generally Available—With Enhancements

Single sign-on (SSO) is now generally available on Twilio SendGrid. Learn all about the exciting enhancements and how to get started. The post Single Sign-On (SSO) Is Now Generally Available—With Enhancements appeared first on SendGrid.
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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 Jose Lopez, David Friedman and Dana Sherrell.

  • How many employees does SendGrid have?

    SendGrid has 58 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 $1.9 m.

  • Who are SendGrid competitors?

    Competitors of SendGrid include Stensul, Front and SparkPost.

  • 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.