SPS Commerce, Inc. is a technology and application software company based in the

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

that provides

cloud-based Cloud computing is "a paradigm for enabling network access to a scalable and elastic pool of shareable physical or virtual resources with self-service provisioning and administration on-demand," according to International Organization for ...

supply chain management software Supply-chain-management software (SCMS) is the software tools or modules used in executing supply chain transactions, managing supplier relationships and controlling associated business processes. Supply chain management maximizes the efficiency of ...

to retailers, suppliers,

third-party logistics Third-party logistics (abbreviated as 3PL, or TPL) is an organization's long-term commitment of outsourcing its distribution services to third-party logistics businesses. Third-party logistics providers typically specialize in integrated opera ...

providers and partners. The company's headquarters are located in

Minneapolis, Minnesota Minneapolis is a city in Hennepin County, Minnesota, United States, and its county seat. With a population of 429,954 as of the 2020 United States census, 2020 census, it is the state's List of cities in Minnesota, most populous city. Locat ...

, but also has a US office in

New Jersey New Jersey is a U.S. state, state located in both the Mid-Atlantic States, Mid-Atlantic and Northeastern United States, Northeastern regions of the United States. Located at the geographic hub of the urban area, heavily urbanized Northeas ...

, and international locations in

Amsterdam Amsterdam ( , ; ; ) is the capital of the Netherlands, capital and Municipalities of the Netherlands, largest city of the Kingdom of the Netherlands. It has a population of 933,680 in June 2024 within the city proper, 1,457,018 in the City Re ...

Beijing Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ...

Breukelen Breukelen () is a town and former municipality in the Netherlands, in the province of Utrecht. It is situated to the northwest of Utrecht, along the river Vecht and close to the lakes of the Loosdrechtse Plassen, an area of natural and tourist i ...

Hong Kong Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor ...

Kyiv Kyiv, also Kiev, is the capital and most populous List of cities in Ukraine, city of Ukraine. Located in the north-central part of the country, it straddles both sides of the Dnieper, Dnieper River. As of 1 January 2022, its population was 2, ...

Melbourne Melbourne ( , ; Boonwurrung language, Boonwurrung/ or ) is the List of Australian capital cities, capital and List of cities in Australia by population, most populous city of the States and territories of Australia, Australian state of Victori ...

Montpellier Montpellier (; ) is a city in southern France near the Mediterranean Sea. One of the largest urban centres in the region of Occitania (administrative region), Occitania, Montpellier is the prefecture of the Departments of France, department of ...

Sydney Sydney is the capital city of the States and territories of Australia, state of New South Wales and the List of cities in Australia by population, most populous city in Australia. Located on Australia's east coast, the metropolis surrounds Syd ...

, and

Toronto Toronto ( , locally pronounced or ) is the List of the largest municipalities in Canada by population, most populous city in Canada. It is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a p ...

. In 2015, the

Minneapolis Star Tribune ''The Minnesota Star Tribune'', formerly the ''Minneapolis Star Tribune'', is an American daily newspaper based in Minneapolis, Minnesota. As of 2023, it is Minnesota's largest newspaper and the seventh-largest in the United States by circula ...

reported that SPS Commerce was ranked by WorkplaceDynamics as the best large workplace in Minnesota. SPS was also ranked among the top 10 fastest growing publicly traded companies in Minnesota in 2014.

History

The company was founded in , under the name St. Paul Software. In 2000, the company sold its software business to

Netherlands , Terminology of the Low Countries, informally Holland, is a country in Northwestern Europe, with Caribbean Netherlands, overseas territories in the Caribbean. It is the largest of the four constituent countries of the Kingdom of the Nether ...

-based TIE Commerce. After the sale, the company primarily offered internet-based

business-to-business Business-to-business (B2B or, in some countries, BtoB) refers to trade and commercial activity where a business sees other businesses as its customer base. This typically occurs when: * A business sources materials for its production process for ...

(B2B) exchanges for retailers and manufacturers. St. Paul Software was renamed SPS Commerce in May 2001. SPS Commerce went public in April 2010 when it debuted on the

NASDAQ The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...

global market. SPS has enjoyed 96 consecutive quarters of growth, most of which has been organic. They acquire companies where it makes sense, notably: *2011: acquired San Diego–based EDI services company Direct EDI for $10.9 million, adding 40 employees in a San Diego office and a development group in

Ukraine Ukraine is a country in Eastern Europe. It is the List of European countries by area, second-largest country in Europe after Russia, which Russia–Ukraine border, borders it to the east and northeast. Ukraine also borders Belarus to the nor ...

. *2012: purchased New Jersey–based data analytics firm Edifice for $26M *2014: $14.9M acquisition of LeadTec, an EDI provider headquartered in

, Australia. *2016: $23M acquisition of ToolBox Solutions *2018: $23M acquisition of CovalentWorks *2019: $11.5M acquisition of long-term technology partner MAPADOC *2020: $100M acquisition of Data Masons *2021: $17M acquisition of Genius Central *2022: $45M acquisition of GCommerce *2022: $49M acquisition of InterTrade *2023: €64.5M acquisition of TIE Kinetix *2024: $25M acquisition of Traverse Systems *2024: $206M acquisition of SupplyPike *2025: $210M acquisition of Carbon6 In addition to acquiring companies, SPS has been acquiring executives to newly created roles to expand the executive team: *2013: SPS hired former Dow Jones CTO Jamie Thingelstad to be CTO *2015: SPS hired former Target Corp CIO Beth Jacob in an executive role. *2016: SPS hired Dan Juckniess as CRO *2019: SPS hired Mark O'Leary as CMO *2022: SPS hired Erica Koenig as CHRO *2025: SPS hired Mike Svatek as CPO

References

{{Authority control Software companies based in Minnesota Software companies based in Minneapolis Companies based in Minneapolis Supply chain software companies Companies listed on the Nasdaq Companies established in 1987 Software companies of the United States