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Sprout - About the company

Sprout is a series B company based in Manila (Philippines), founded in 2015 by Patrick Gentry and Alexandria Agbayani Gentry. It operates as a Cloud-based platform for HRMS suite. Sprout has raised $18.5M in funding from investors like Kickstart Ventures, Point72 Ventures and Cercano Management. The company has 3659 active competitors, including 246 funded and 237 that have exited. Its top competitors include companies like Razorpay, People Strong and Gusto.

Company Details

Cloud-based platform for HRMS suite. The platform offers tools for managing onboarding, recruitment, payroll, training, employee, performance, and more. It allows users to manage attendance and time. It also enables employee engagement.
Website
sprout.ph
Social
X
Key Metrics
Founded Year
2015
Location
Manila, Philippines
Stage
Series B
Total Funding
$18.5M in 3 rounds
Latest Funding Round
Ranked
Investment & Acquisitions
Similar Companies
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Sprout's funding and investors

Sprout has raised a total funding of $18.5M over 3 rounds. Its first funding round was on 2017. Its latest funding round was a Series B round on Apr 13, 2023 for $*****. 7 investors participated in its latest round. Sprout has 18 institutional investors.

Here is the list of recent funding rounds of Sprout:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 13, 2023
2422532
Series B
3685723
7130820
5324097
8563862
Oct 14, 2019
1963636
Series A
9487959
2710916
1109929
2017
3550
Seed
3177
7563
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Sprout's founders and board of directors

Founder? Claim Profile
The founders of Sprout are Patrick Gentry and Alexandria Agbayani Gentry.
Here are the details of Sprout's key team members:
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Sprout's Competitors and alternates

Top competitors of Sprout include Razorpay, People Strong and Gusto. Here is the list of Top 10 competitors of Sprout, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Razorpay
Razorpay
2014, Bengaluru (India), Series F
Provider of payment gateway, business banking, payroll, and credit solutions
$742M
86/100
2nd
Logo for People Strong
People Strong
2005, Gurugram (India), Acquired
Provider of human capital management platform offering integrated HR solutions
$30.7M
84/100
3rd
Logo for Gusto
Gusto
2012, San Francisco (United States), Series E
Provider of a cloud-based platform offering payroll, benefits, and HR solutions
$718M
83/100
4th
Logo for Workday
Workday
2005, Pleasanton (United States), Public
Cloud-based financial management, EPM, and HR software provider for enterprises
$352M
81/100
5th
Logo for Kronos
Kronos
1977, Lowell (United States), Acquired
Provider of HCM software solutions for enterprises
$855M
80/100
6th
Logo for Bob
Bob
2015, Tel Aviv (Israel), Series D
Provider of a platform for human resources, payroll, and finance
$574M
78/100
7th
Logo for GreytHR
GreytHR
1994, Bengaluru (India), Acquired
Provider of cloud based human resource management system and payroll software.
$47.4M
78/100
8th
Logo for Payflow
Payflow
2020, Madrid (Spain), Acquired
Online financial services platform for on-demand pay and savings
$41.3M
77/100
9th
Logo for Factorial
Factorial
2016, Barcelona (Spain), Series C
Provider of business management software for human resources and finance
$300M
77/100
10th
Logo for Dayforce
Dayforce
2008, Toronto (Canada), Acquired
Developer of human capital management software providing HR and talent solutions
$30M
76/100
222nd
Logo for Sprout
Sprout
2015, Manila (Philippines), Series B
Cloud-based platform for HRMS suite
$18.5M
42/100
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Sprout's Investments and acquisitions

Sprout has acquired 3 companies including JustPayroll, Linnia and Aiah. Sprout has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jan 12, 2024
Acquisition
2013
Makati (Philippines)
Sep 26, 2022
Acquisition
-
Sep 25, 2022
Acquisition
2013
Makati (Philippines)
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News related to Sprout

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