springbig

About

Springbig provides loyalty, digital communications, and CRM technology solutions to retailers in the cannabis industry.

Boca Raton,Florida,United States
51 - 100
http://springbig.com

Highlights

Details

Last Funding Type: Post-IPO Equity
Last Funding Money Raised: $13M
Industries: Cannabis,CRM,Loyalty Programs,Messaging,SMS
Founded date: May 1, 2014
Number Of Employee: 51 - 100
Operating Status: Active
Stock Symbol: nasdaq:SBIG
Legal Name: springbig, Inc.

Springbig provides loyalty, digital communications, and CRM technology solutions to retailers in the cannabis industry. It was founded in 2012 and is headquartered in Boca Raton, Florida. After years of experience in big-box retail, their founders saw tremendous opportunity in the underserved cannabis industry and decided to bring advanced loyalty programs, an essential marketing tool in such a competitive industry, to cannabis dispensaries and brands.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$82.70M

springbig has raised a total of $82.70M in funding over 2 rounds. Their latest funding was raised on Jun 15, 2022 from a Post-IPO Equity round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jun 15, 2022	Post-IPO Equity	$13M	4	—	—	Detail
Jun 15, 2022	IPO	$50M	—	—	—	Detail
Aug 11, 2020	Series B	$11.50M	5	TVC Capital	—	Detail
Dec 6, 2018	Series A	$5M	2	Altitude Investment Management	—	Detail
Dec 19, 2017	Series Unknown	$3.20M	3	Green Acre Capital HALLEY Venture Partners	—	Detail

Investors

Number of Lead Investors

Number of Investors

4

10

springbig is funded by 10 investors. Altitude Investment Management and Green Acre Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Altitude Investment Management	Yes	Series A
Green Acre Capital	Yes	Series Unknown
Jeffrey Harris	—	Post-IPO Equity
KEY Investment Partners	—	Post-IPO Equity
Tuatara Capital	—	Post-IPO Equity
TVC Capital	—	Post-IPO Equity
Argonautic Ventures	—	Series B
HALLEY Venture Partners	—	Series B
Salex Capital	—	Series B
Service Provider Capital	—	Series A