SendGrid approved for $60,000 in city rebates

BOULDER – SendGrid Inc., a provider of cloud-based email delivery services, has been approved to receive up to $60,000 in rebates from the city of Boulder for sales and use taxes, and permit-related fees.

The rebates will be issued through city’s flexible rebate program, a business-retention tool to help primary employers remain and grow in Boulder.

Founded in Boulder in 2009 by three graduates of the TechStars program, the company has grown to 240 employees serving more than 175,000 companies and delivering 13 billion nonspam emails each month.  The company moved its headquarters into a remodeled 20,000-square-foot space at 1401 Walnut St. in May.

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“SendGrid is a great example of an innovative start up that has grown into a successful primary employer,” said city manager Jane Brautigam,” in a prepared statement. “We are delighted the company was able to keep its headquarters here in Boulder where the company was started.”

Jim Franklin, chief executive of SendGrid, said in the statement, “Boulder has a diverse talent pool, and we look forward to adding more employees and our continued growth.”

The flexible rebate program has social, community and environmental sustainability guidelines. Companies choose the guidelines that best fit their circumstances, but must meet minimum requirements in order to qualify for a rebate.

SendGrid met the requirements and, of note, offers a wellness and health program for employees, provides support for local nonprofit organizations and local businesses, and participates in the Partners for a Clean Environment, or PACE, program.