What is SurveyMonkey?
Founded in 1999 and headquartered in San Mateo, California, SurveyMonkey operates as a leading online survey platform. The company offers a robust suite of tools, including customizable surveys, advanced data analysis, bias elimination, and data representation features. Beyond its free and paid plans for individual users, SurveyMonkey provides enterprise-grade solutions tailored for companies focused on consumer insights, brand management, and targeted marketing initiatives. Its comprehensive offerings cater to a wide spectrum of needs, from simple feedback collection to complex market research.
How much funding has SurveyMonkey raised?
SurveyMonkey has raised a total of $1.7B across 9 funding rounds:
Debt
$100M
Series A
$65M
Debt
$350M
Private Equity
$444M
Private Equity
$250M
Multiple Rounds
$515M
Debt (2010): $100M with participation from Bank of America Merrill Lynch and SunTrust Bank
Series A (2012): $65M led by Undisclosed
Debt (2013): $350M supported by SunTrust Bank, Bank of America Merrill Lynch, JPMorgan Chase, and Goldman Sachs
Private Equity (2013): $444M featuring Social Capital, TriplePoint Venture Growth BDC, ICONIQ Capital, and Laurel Crown Partners
Private Equity (2014): $250M backed by T. Rowe Price Associates, Google Capital, Baillie Gifford & Co., Tiger GLobal Management, Laurel Crown Partners, Morgan Stanley Investment Management, Ryan and Chris Finley, ICONIQ Capital, Social Capital, and Dave Goldberg
Stock Issuance/Offering (2018): $180M with participation from Sheryl Sandberg and Tiger Global
Share Placement (2018): $40M led by Salesforce Ventures
Debt (2018): $220M supported by JP Morgan Chase Bank
Debt (2018): $75M featuring JP Morgan Chase Bank
Key Investors in SurveyMonkey
T. Rowe Price Associates
T. Rowe Price Associates is a global investment management firm founded in 1937, known for managing equity and fixed income mutual funds for a diverse client base, including institutional investors and retirement plans.
Google Capital
Google Capital, now known as GV, is the venture capital arm of Alphabet Inc., investing in companies that leverage long-term technology trends to drive market disruption.
Morgan Stanley Investment Management
Morgan Stanley Investment Management is a global financial services firm offering a broad range of investment management services to institutional and individual clients worldwide.
What's next for SurveyMonkey?
The consistent and significant enterprise-level funding indicates SurveyMonkey's strategic trajectory towards further scaling its operations and enhancing its technological capabilities. This capital infusion is likely to fuel product development, expand market reach, and potentially support strategic acquisitions. As an established entity in the data analytics and feedback sector, SurveyMonkey is well-positioned to leverage this investment to solidify its market leadership and continue innovating in response to evolving business intelligence demands.
See full SurveyMonkey company page
