SendGrid is a cloud-based customer communication platform that drives engagement and business growth. The platform makes it effortless for developers and marketers to craft, segment, test, and successfully deliver all of their emails, no matter the use case: purchase confirmations, password reset instructions, an upcoming sale, or a nurture campaign.

Employee Rating

4.6More
TypePublic
Parent CompanyTwilio
HQDenver, US
Founded2009
Size (employees)433 (est)+7%
Websitesendgrid.com
SendGrid was founded in 2009 and is headquartered in Denver, US
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Key People/Management at SendGrid

Sameer Dholakia

Sameer Dholakia

CEO
Pattie Money

Pattie Money

Chief People Operations Officer
Leandra Fishman

Leandra Fishman

SVP of Sales and Customer Success
Craig Kaes

Craig Kaes

SVP of Engineering
Michael Tognetti

Michael Tognetti

General Counsel, SVP
Show more

SendGrid Office Locations

SendGrid has offices in Redwood city, Denver, London and Orange
Denver, US (HQ)
500 1801 California St
Orange, US
814 W Chapman Ave
Redwood city, US
401 Warren St
London, GB
41 Corsham St
Show all (4)
Report incorrect company information

SendGrid Financials and Metrics

SendGrid Revenue

Embed Graph
SendGrid's revenue was reported to be $79.93 m in FY, 2016 which is a 36.7% increase from the previous period.
USD

Revenue (Q3, 2017)

28.3m

Gross profit (Q3, 2017)

20.7m

Gross profit margin (Q3, 2017), %

73.1%

Net income (Q3, 2017)

(1.6m)

EBIT (Q3, 2017)

(1.6m)

Market capitalization (14-Nov-2018)

1.9b

Closing stock price (14-Nov-2018)

40.6

Cash (30-Sep-2017)

37.4m

EV

1.9b
SendGrid's current market capitalization is $1.9 b.
Annual
USDFY, 2014FY, 2015FY, 2016

Revenue

42.8m58.5m79.9m

Revenue growth, %

37%37%

Cost of goods sold

15.2m19.0m21.6m

Gross profit

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

Revenue

12.9m14.1m15.0m16.5m17.1m19.0m20.7m23.1m24.8m27.0m28.3m

Cost of goods sold

4.3m4.5m4.9m5.3m5.2m5.4m5.4m5.6m6.5m7.3m7.6m

Gross profit

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

Gross profit Margin, %

67%68%67%68%69%72%74%76%74%73%73%
Annual
USDFY, 2015FY, 2016

Cash

9.3m40.4m

Accounts Receivable

2.6m4.1m

Prepaid Expenses

1.7m2.6m

Current Assets

14.0m47.2m
Quarterly
USDQ2, 2017Q3, 2017

Cash

37.6m37.4m

Accounts Receivable

4.7m6.7m

Prepaid Expenses

3.0m5.4m

Current Assets

45.4m49.5m
Annual
USDFY, 2014FY, 2015FY, 2016

Net Income

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

Depreciation and Amortization

2.9m5.5m6.9m

Accounts Payable

523.0k1.1m2.8m

Cash From Operating Activities

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

Net Income

(3.5m)(3.5m)(3.1m)(4.7m)

Depreciation and Amortization

3.4m5.1m4.6m7.0m

Accounts Payable

1.6m1.3m2.1m4.3m

Cash From Operating Activities

2.4m7.1m5.1m10.1m
USDY, 2017

EV/EBIT

-1.2 k x

EV/CFO

187.6 x

Revenue/Employee

66.3k

Debt/Equity

-0.4 x

Debt/Assets

0.2 x

Financial Leverage

-2 x

P/E Ratio

(67.6)
Show all financial metrics

SendGrid Operating Metrics

SendGrid's Customers was reported to be 74 k in Oct, 2018.
Y, 2009FY, 2014FY, 2015Q2, 2016Q3, 2016Nov, 2016FY, 2016Q2, 2017Q3, 2017Oct, 2018

Customers

100 28.50 k33.40 k40 k42.70 k42 k45.90 k55.20 k58.20 k74 k

Emails Processed (for the Period Ended)

100 m161 b233 b149 b237 b338 b210 b325 b

Retention Rate

116%112%110%110%111%117%116%

Emails Processed per Month

30 b35 b36 b45 b
Show all operating metrics

SendGrid Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
BizzyMarch 07, 2017
Message BusJune 10, 2015

SendGrid Revenue Breakdown

Embed Graph

SendGrid revenue breakdown by geographic segment: 37.0% from International and 63.0% from United States

Human Capital Metrics

SendGrid's employees are reported to be approximately 31% female and 69% male.
Embed Graph
Show all human capital metrics
Report incorrect company information

SendGrid Online and Social Media Presence

Embed Graph
Report incorrect company information

SendGrid News and Updates

SENDGRID INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of SendGrid, Inc. - SEND

NEW ORLEANS, Oct. 18, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of SendGrid, Inc. ("Send") (NYSE: SEND) to Twilio Inc. ("Twilio") (NYSE: TWLO). Under the terms ...

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of SendGrid, Inc.

NEW YORK, Oct. 16, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against SendGrid, Inc. (NYSE: SEND) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Twilio Inc. (NYSE: TWLO). Stockholders will receive 0....

Twilio tanks 12% after $2 billion deal with SendGrid

The dip puts Twilio on pace for its worst day of trading since May 2017.

Twilio to acquire email technology firm SendGrid in $2 billion deal

(Reuters) – Cloud technology company Twilio said on Monday it would buy email technology firm SendGrid in an all-stock deal valued at about $2 billion, combining two firms that handle communications between apps and their users. While Twilio’s technology helps its customers like Airbnb and Lyft send…

Cloud software firm Twilio to buy SendGrid in $2 billion deal

Cloud communications provider Twilio Inc said on Monday it would buy email technology firm SendGrid Inc in an all-stock deal valued at about $2 billion.

SendGrid (SEND) Alert: Johnson Fistel Investigates Proposed Sale of SendGrid, Inc. to Twilio Inc.; Are Shareholders Getting a Fair Deal?

SAN DIEGO, Oct. 15, 2018 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of SendGrid, Inc. ("SendGrid") (NYSE: SEND) breached their fiduciary duties in connection with the proposed sale of the Company to Twilio...
Show more
Report incorrect company information

SendGrid Blogs

Thanks To You – Hacktoberfest 2018 Recap

Read about all the great contributions to this year's Hacktoberfest. We are always astonished by the enthusiasm of the open source community around the world. The post Thanks To You – Hacktoberfest 2018 Recap appeared first on SendGrid.

How to Customize an Email Marketing Template

Email templates make designing emails so much easier. In this post, we walk through how to customize SendGrid's templates in our Marketing Campaigns product for your brand and your needs. The post How to Customize an Email Marketing Template appeared first on SendGrid.

Email Marketing Length Best Practices

How long should an email be? Here are a few of our recommendations for everything email length, from email copy to subject lines and email addresses. The post Email Marketing Length Best Practices appeared first on SendGrid.

Last-Minute Shopping: Tips For The Holiday Emails About To Go Out

The holidays are getting longer, says Len Shneyder, VP of industry relations at SendGrid. “We joke about the fact that we start advertising for Christmas before Halloween. There’s a steady drumbeat leading up to that day.” The post Last-Minute Shopping: Tips For The Holiday Emails About To Go Out ap…

Serial entrepreneur Jeff Lawson finally hit it big with Twilio

Serial entrepreneur Jeff Lawson finally hit it big with Twilio. The post Serial entrepreneur Jeff Lawson finally hit it big with Twilio appeared first on SendGrid.

PPC toolkit expands with Bing Ads Scripts’ cross-account operations

You could use a SendGrid account (they have free accounts for low usage) in combination with UrlFetchApp to send emails. The post PPC toolkit expands with Bing Ads Scripts’ cross-account operations appeared first on SendGrid.
Show more

SendGrid Company Life and Culture

Report incorrect company information

SendGrid Frequently Asked Questions

  • When was SendGrid founded?

    SendGrid was founded in 2009.

  • Who are SendGrid key executives?

    SendGrid's key executives are Sameer Dholakia, Pattie Money and Leandra Fishman.

  • How many employees does SendGrid have?

    SendGrid has 433 employees.

  • What is SendGrid revenue?

    Latest SendGrid annual revenue is $79.9 m.

  • What is SendGrid revenue per employee?

    Latest SendGrid revenue per employee is $184.6 k.

  • Who are SendGrid competitors?

    Competitors of SendGrid include Stensul, Front App and MailChimp.

  • Where is SendGrid headquarters?

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

  • Where are SendGrid offices?

    SendGrid has offices in Redwood city, Denver, London and Orange.

  • How many offices does SendGrid have?

    SendGrid has 4 offices.