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SendGrid

SendGrid is an email delivery service for developers and businesses that was founded in 2009 out of the Techstars accelerator, listed on the New York Stock Exchange in 2017, was acquired by Twilio in 2019 and now operates as Twilio SendGrid.

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Key facts

Founding and Techstars

SendGrid was founded by Isaac Saldana, Jose Lopez and Tim Jenkins, all alumni of the University of California, Riverside’s Bourns College of Engineering. The company described its founders as developers frustrated by their own experiences managing email delivery.⁠[1][2]

In 2009, the founders applied with the idea to Techstars, an accelerator in Boulder, Colorado, and graduated in July of that year. The company was incorporated in Delaware in July 2009 and introduced its Email API service the same year.⁠[1][2]

Expansion

Listing on the New York Stock Exchange

On November 14, 2017, SendGrid issued its IPO prospectus, offering 8.2 million shares of common stock at $16 per share; the stock was approved for listing on the New York Stock Exchange under the symbol SEND. Sameer Dholakia was chief executive officer, and the company was headquartered in Denver, Colorado.⁠[3][2][3]

The prospectus described SendGrid as a digital communication platform enabling businesses to engage with customers via email, offering an Email API, Marketing Campaigns and Expert Services. Revenue was $42.8 million, $58.5 million and $79.9 million in 2014, 2015 and 2016, and the company had more than 58,000 customers globally as of September 30, 2017.⁠[3]

Twilio Announces Acquisition of SendGrid

In October 2018, cloud communications company Twilio announced an all-stock acquisition of SendGrid, valued at about $2 billion at announcement.⁠[4][5]

Becomes Part of Twilio

After both companies’ stockholders approved the deal on January 30, 2019, Twilio completed the acquisition on February 1, 2019. Based on an exchange ratio of 0.485 Twilio Class A shares per SendGrid share and the prior day’s closing price, the transaction was valued at about $3 billion, or about $53.99 per SendGrid share. SendGrid stock ceased trading before the market opened that day and was delisted from the New York Stock Exchange.⁠[6][7]

SendGrid became a wholly owned subsidiary of Twilio and was renamed Twilio SendGrid, remaining under Sameer Dholakia, who reported to Twilio co-founder and CEO Jeff Lawson.⁠[6][4]

As of October 2026: Operating as a Twilio Product

As of October 2026, sendgrid.com redirects to Twilio’s website, where SendGrid’s site has been combined with Twilio.com; its products include the Twilio SendGrid Email API and SMTP service and email campaigns for marketers. Twilio says the platform delivers more than 200 billion emails every month.⁠[8]

Related Organizations, Websites, and Public Accounts

Sources

  1. Startup Hits Return On Growth Via Reliable Email (opens in a new window)
  2. SendGrid, Inc. – Form S-1 Registration Statement (opens in a new window)
  3. SendGrid, Inc. – Prospectus (Form 424B4) (opens in a new window)
  4. Twilio closes $3bn acquisition of email specialist SendGrid (opens in a new window)
  5. Twilio Acquires SendGrid, the Leading Email API Platform, For $3 Billion (opens in a new window)
  6. Twilio Completes Acquisition of SendGrid (opens in a new window)
  7. Twilio Completes Acquisition of SendGrid (Exhibit 99.1) (opens in a new window)
  8. Twilio SendGrid (opens in a new window)