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Sprout Solutions

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Sprout is transforming HR in emerging markets

1630, PhilippinesFounded 2015Cybersecurity
Valuation $50–100M Last recorded · 2024
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Sprout Solutions and the history behind them.

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 data

At 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

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Feb 2024 $850K $54M Undisclosed ↗
SERIES B✓Equity / VC Apr 2023 $11M $43M Integra Partners · Mynavi · Cercano Management · SBVA ↗
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Growth signals

Sprout Solutions website traffic

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.

Latest monthly visits2.7M 3-month web change0% 1-year team growth-9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investors

14 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

Series A10 investors entered at this stage

Other known investors2 additional known investors

  • Dirk van Quaquebeke
  • Next Billion Capital Partners
Team profiled 16 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
7 countries with
team presence
🇵🇭 Philippines95.6%
🇸🇬 Singapore1.3%
🇺🇸 United States0.9%
🇹🇭 Thailand0.9%
🇨🇦 Canada0.3%
Top 5 of 7 shown

Market sentiment

Posts on X, past 7 days

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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