Total amount raised
$1.1 Million
Latest funding date
2019-11-26
Location
Sprout has developed a comprehensive platform designed to support employee wellbeing through daily learning, real-time activity tracking, and gamified goals. The platform aims to motivate employees, boost participation, and strengthen organizational outcomes with proven best practices and tailored programming.
Keep reading to explore the intricacies of Sprout's fundraising journey and the investors backing this innovative platform.
What Is Sprout?
Sprout operates within the health and wellbeing industry, focusing on employee health and workplace wellbeing initiatives. The platform is designed to support daily health, inspire long-term change, and improve organizational outcomes through various wellbeing initiatives.
Sprout's platform offers features such as real-time activity tracking, social communities, and gamified goals to engage and motivate employees. It aims to boost recruitment and retention, bring employees together, and provide measurable results through real-time analytics.
How Much Funding Has Sprout Raised?
- Seed Round
- Date: March 2013
- Series A Round
- Amount Raised: USD 100,624
- Date: August 2014
- Lead Investors: Techstars
- Series A Round
- Amount Raised: CAD 700,000
- Date: February 2015
- Lead Investors: TELUS Global Ventures
- Convertible Note
- Amount Raised: CAD 500,000
- Date: April 2016
- Series Unknown
- Date: October 2019
- Debt Financing
- Date: November 2019
Sprout has raised a total of USD 100,624 and CAD 1,200,000 across its funding rounds.
Key Investors
- Techstars
- Details: Techstars is a global platform for investment and innovation. They provide mentorship and funding to startups through their accelerator programs.
- Investment Focus Areas: Technology, healthcare, consumer products.
- Notable Investments: SendGrid, Sphero, DigitalOcean.
- TELUS Global Ventures
- Details: TELUS Global Ventures is the strategic investment arm of TELUS, a Canadian telecommunications company. They focus on investing in innovative technology companies.
- Investment Focus Areas: Health technology, agriculture technology, Internet of Things (IoT).
- Notable Investments: League, Mojio, AlayaCare.
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