Sprout, now part of TELUS Health, founded in 2012, is a pioneering health technology company in Canada, focused on improving employee health and happiness. Backed by 25 years of academic research, Sprout leverages machine learning and cognitive behavioral science to deliver personalized user experiences that drive engagement, loyalty, and overall wellbeing. The company offers Sprout At Work™, a holistic corporate wellbeing solution, and Sprout Open Health API™, designed for enriching consumer applications globally. The last investment secured by Sprout was a Debt Financing investment on 26 November 2019, with the backing of FirePower Capital. Sprout's acquisition by TELUS Health aligns with the growing emphasis on wellbeing in the workplace, reflecting a strategic move to integrate health technology solutions into broader healthcare offerings. The company's solid foundation in academic research, combined with its innovative approach to personalized user experiences, positions Sprout as a key player in the SaaS and Health Care industries. As organizations increasingly prioritize employee wellbeing, Sprout is well-positioned to meet the demand for comprehensive, data-driven solutions that promote health and happiness in the workplace, making it an attractive investment opportunity for venture capitalists seeking to align with the future of employee wellbeing and corporate health technologies.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | Unknown | 1 | 26 Nov 2019 | |
Venture Round | Unknown | 1 | Bossanova Investimentos | 01 Oct 2019 |
Convertible Note | $500.00K | 2 | 26 Apr 2016 | |
Series A | $700.00K | 2 | 04 Feb 2015 | |
Series A | $100.62K | 1 | 01 Aug 2014 |
No recent news or press coverage available for Sprout, now part of TELUS Health.