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Sprout Solutions
Sprout is transforming HR in emerging markets
About Sprout Solutions
Sprout Solutions is a comprehensive HR and payroll software platform designed to streamline and automate various aspects of human resource management for businesses in the Philippines. The company offers an ecosystem of desktop and mobile solutions that cover the entire employee lifecycle, from hiring to retirement. Key features of Sprout's platform include payroll management, automated timekeeping, government compliance, recruitment tools, performance management, employee engagement initiatives, and HR analytics. The company emphasizes its ability to simplify complex HR processes, reduce manual work, and provide valuable insights through data analysis. Sprout caters to businesses of various sizes, from small companies with up to 10 employees to large enterprises. They offer a "Payroll Starter" package for smaller businesses, priced at PHP 5,000 per month, which includes payroll outsourcing, timekeeping system subscription, and government compliance services. The platform boasts impressive statistics, including 99% payroll accuracy, a 15-minute average support response time, and a 70% reduction in payroll processing time for its clients. Sprout has served over 1,000 companies across various industries, including BPO, software and technology, and retail. Sprout Solutions also provides educational resources such as white papers, ebooks, and events to keep HR professionals informed about industry trends and best practices. The company's focus on technology adoption, AI integration, and employee well-being aligns with current HR trends, as highlighted in their "State of HR 2024" report. Overall, Sprout Solutions positions itself as a trusted partner for businesses looking to modernize and optimize their HR processes, with a strong emphasis on local compliance and the unique needs of the Philippine market.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2015
- Headquarters
- 1630, Philippines
- Employees
- 453
- Open positions
- 85
- Dealroom signal
- 63.8/100
- Industry
- Security, Jobs Recruitment
- Sector
- Cybersecurity, Human Resources, Recruitment, Core AI, AI Applications, slush23
- Technology
- Artificial Intelligence, Mobile app
- Business model
- SaaS
- Client focus
- b2b
- Investment activity
- 2 companies, latest Jan 2024
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Feb 2024 | $850K | $54M | Undisclosed | ↗ |
| SERIES B✓Equity / VC | Apr 2023 | $11M | $43M | Integra Partners · Mynavi · Cercano Management · SBVA | ↗ |
Growth signals
Latest recorded traffic for Sprout Solutions is 2.7M monthly website visits, up 0% over the last three months. Sprout Solutions's team declined 9% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
JustPayrollMakati, Philippines
→
AiahMakati, PhilippinesAn intelligent process automation platform that can execute repetitive transactions or interact with employees and customers at scale
→
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Right Side Capital Management
Kickstart Ventures
Series A10 investors entered at this stage
Forum Ventures
Point72 Ventures
Endeavor Catalyst
Cercano Management
Integra Partners
Mynavi
SBVA
AFG Partners Fund
Asian Capital Alliance
GSR Ventures
Other known investors2 additional known investors
Dirk van Quaquebeke
Next Billion Capital Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Sprout Solutions on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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