Fundz

Hr Tech Startup Sprout Solutions Secures $10.7M Series B Funding

PRIVATEMay 19, 2023

Amount Raised

$10.7 Million

Round Type

Series B

ManilaSoftwareHuman ResourcesSaaS

Description

Sprout Solutions recently acquired $10.7 million series B funding from seven key venture capital firms, led by Cercano Management, with the participation of SoftBank Ventures Asia, AFG Partners, GSR Ventures, Integra Partners, ACA Investments, and Mynavi Corporation.

Quick answer

Sprout Solutions raised $10.7 Million in a Series B round, dated May 19, 2023. Sprout Solutions is based in Manila, Metro Manila, Philippines.

How much did Sprout Solutions raise?
Sprout Solutions raised $10.7 Million in a Series B round on May 19, 2023.
What does Sprout Solutions do?
Sprout is a rapidly growing SaaS company aimed to create paradigm-changing solutions for the Philippines.
Where is Sprout Solutions based and how big is it?
Sprout Solutions is based in Manila, Metro Manila, Philippines.
Who are the decision-makers at Sprout Solutions?
Fundz holds 1 contact at Sprout Solutions. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Human Resources and SaaS around the same time

Companies in the same sectors as Sprout Solutions that raised within 45 days of this round, from Fundz verified event records.

  • Interrodata raised an undisclosed amount (Funding Round) on June 28, 2023.
  • Parabola raised $24M (Series B) on June 28, 2023.
  • FundMiner raised $1.7M (Seed) on June 22, 2023.
  • Cash Ex raised $83K (Pre-Seed) on June 21, 2023.
  • RezKit raised $320K (Seed) on June 20, 2023.
  • ZapScale raised $2.5M (Seed) on June 13, 2023.

Who to call at Sprout Solutions, and when

A new round usually means Sprout Solutions is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Sprout Solutions raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Sprout Solutions, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Sprout Solutions. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Sprout Solutions

Location

Manila, Metro Manila, Philippines

About

Sprout is a rapidly growing SaaS company aimed to create paradigm-changing solutions for the Philippines. Our goal is to help small, medium-sized, and large enterprise Philippine businesses grow through our suite of backend solutions that address end-to-end HR challenges - especially with the new normal of hybrid work we are all experiencing. With over 1,000 clients across a number of industries, and with a leadership position in the BPO market, Sprout is uniquely qualified due to our laser focus and keen understanding of the intricate nuances of Philippine HR. The Sprout Ecosystem, a comprehensive and effective cloud-based People Platform, is a powerful and completely secure solution that not only allows companies to manage all their HR in one place, with one employee user interface and open API to leverage other enterprise data but also gives invaluable analytics that aid in better enterprise-wide decision-making. Our team is all about individuals who genuinely want to make things better for Filipinos, and actually have the courage to do something about it. We believe that local talent, combined with diverse international talent, united by a common passion and core values, are not just able to build world-class products, but are also able to ignite digital transformational change that will revolutionize a whole economy.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Sprout Solutions raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Predictive Intelligence
Strategic

ML-powered predictions for Sprout Solutions's next move

See what Strategic adds

Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Sprout Solutions raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.