Sprout, Inc

Sprout, Inc is an insurtech startup that focuses on providing climate protection products for farmers around the world. Through a combination of seasonal weather insurance and real-time weather monitoring called Sprout Alerts, the company aims to offer affordable protection to farmers in the face of increasingly volatile weather patterns caused by climate change. Founded in 2021 and headquartered in the United States, Sprout addresses the pressing issue of climate-induced risk in farming, particularly in regions like Sub-Saharan Africa where only a minority of smallholder farmers have access to crop insurance. The company's efforts have been recognized by the Climate Finance Lab in 2019, further establishing its credibility and commitment to promoting climate resilience. With a focus on driving innovation and technology adoption in the agricultural sector, Sprout's direct-to-farmer mobile technology is designed to seamlessly integrate with any farmer supplier program, ensuring widespread accessibility and practicality. As the company continues to carve its path in the insurtech industry, it presents an opportunity for investors to support a socially impactful venture while potentially tapping into a burgeoning market with vast untapped potential.