SCHEDULE 13G/A: Battery Ventures Updates Sprinklr Stake in Latest SEC Filing

Sentiment:

Beneficial Ownership Statement (Amendment)


Battery Ventures and its affiliated entities and individuals have filed an updated Schedule 13G, disclosing their beneficial ownership in Sprinklr, Inc. Class A Common Stock as of June 30, 2025.

Summary

  • Battery Ventures IX, L.P. beneficially owns 5,570,734 shares, representing 3.9% of Sprinklr, Inc. Class A Common Stock.
  • Battery Partners IX, LLC, as the general partner of Battery Ventures IX, L.P. and managing member of Battery Investment Partners IX, LLC, beneficially owns 5,622,821 shares, also 3.9% of the class.
  • Battery Ventures Select Fund I, L.P. beneficially owns 3,384,232 shares, accounting for 2.3% of the class.
  • Battery Partners Select Fund I GP, LLC, which controls Battery Ventures Select Fund I, L.P. and Battery Investment Partners Select Fund I, L.P., beneficially owns 3,718,936 shares, representing 2.6% of the class.
  • Neeraj Agrawal, a managing member of Battery Partners IX, LLC and Battery Partners Select Fund I GP, LLC, beneficially owns 10,053,801 shares, or 7.0% of the class.
  • Michael M. Brown, also a managing member, beneficially owns 9,768,552 shares, representing 6.8% of the class.
  • Jesse Feldman, another managing member, beneficially owns 9,753,554 shares, or 6.8% of the class.
  • Scott R. Tobin, a managing member, beneficially owns 9,989,509 shares, representing 6.9% of the class.
  • Roger H. Lee, a managing member, beneficially owns 9,341,757 shares, or 6.5% of the class.
  • The percentages are based on 142,831,141 shares of Class A common stock outstanding as of May 31, 2025, adjusted for the full conversion of Class B common stock beneficially owned by the reporting persons.
  • The reporting persons explicitly disclaim status as a 'group' for the purposes of this Schedule 13G.

Sentiment

Score: 5

Explanation: The filing is a neutral, factual disclosure of beneficial ownership, providing no direct positive or negative operational or financial news for the issuer.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of beneficial ownership by a venture capital firm and its principals in a publicly traded software company. It reflects the ongoing investment position of Battery Ventures in Sprinklr, Inc., a company operating in the customer experience management and unified customer platform space. Such filings are common for early investors as companies mature and their ownership stakes fluctuate or require updated reporting.

Stakeholder Impact

  • Shareholders: Provides transparency regarding significant institutional and individual ownership stakes, which can influence perceptions of investor confidence and potential liquidity.

Key Dates

DateDescription
2025-05-31Date as of which 142,831,141 shares of Class A common stock were outstanding, as reported in Sprinklr's Form 10-Q.
2025-06-30Date of the event which required the filing of this Schedule 13G amendment.
2025-08-14Date the Schedule 13G Amendment No. 4 was signed and filed.

Keywords

Sprinklr, Battery Ventures, Class A Common Stock, Beneficial Ownership, SEC Filing, Institutional Investor, Software, Customer Experience Management

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