About Sproutel
Sproutel is a company based in Providence (United States) founded in 2012.. Sproutel has raised $642 thousand across 4 funding rounds from investors including RevUp Capital and JumpStart Ventures. The company has 14 employees as of December 31, 2022. Sproutel operates in a competitive market with competitors including Skip Hop, Particula, Caden Lane, healthynest and Svan, among others.
- Headquarter Providence, United States
- Employees 14 as on 31 Dec, 2022
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
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- Legal Name Sproutel, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$642 K (USD)
in 4 rounds
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Latest Funding Round
$150 K (USD), Grant
Jun 08, 2015
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Investors
RevUp Capital
& 1 more
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Employee Count
14
as on Dec 31, 2022
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Funding Insights of Sproutel
Sproutel has successfully raised a total of $642K across 4 strategic funding rounds. The most recent funding activity was a Grant round of $150 thousand completed in June 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $150,000
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First Round
First Round
(01 Apr 2012)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2015 | Amount | Grant - Sproutel | Valuation |
investors |
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| Nov, 2013 | Amount | Angel Round - Sproutel | Valuation |
investors |
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| Nov, 2012 | Amount | Angel Round - Sproutel | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sproutel
Sproutel has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include RevUp Capital and JumpStart Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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JumpStart Ventures is involved in entrepreneurial investments.
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Founded Year | Domain | Location | |
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Revenue-based investments are managed through private debt funding.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sproutel
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sproutel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sproutel Comparisons
Competitors of Sproutel
Sproutel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Skip Hop, Particula, Caden Lane, healthynest and Svan, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Internet-first brand of multi-category baby products
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| domain | founded_year | HQ Location |
Smart games and connected toys are developed by Particula.
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| domain | founded_year | HQ Location |
An online boutique specializing in high-quality newborn clothing and baby essentials.
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| domain | founded_year | HQ Location |
Internet first brand offering multi-category organic baby care products
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| domain | founded_year | HQ Location |
High-quality children's playsets and toys are manufactured sustainably.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sproutel
Frequently Asked Questions about Sproutel
When was Sproutel founded?
Sproutel was founded in 2012.
Where is Sproutel located?
Sproutel is headquartered in Providence, United States. It is registered at Providence, Rhode Island, United States.
Is Sproutel a funded company?
Sproutel is a funded company, having raised a total of $642K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $278K, raised on Apr 01, 2012.
How many employees does Sproutel have?
As of Dec 31, 2022, the latest employee count at Sproutel is 14.
What does Sproutel do?
Sproutel was founded in 2012 in Providence, United States, within the pediatric health technology sector. Electronic plush toys and story-based applications are combined to educate children on blood glucose monitoring, healthy eating, and symptom identification. Web connectivity is provided for parents to monitor their childrens progress and learning activities. Operations focus on interactive tools for chronic disease management in young users.
Who are the top competitors of Sproutel?
Sproutel's top competitors include healthynest, Skip Hop and Particula.
Who are Sproutel's investors?
Sproutel has 2 investors. Key investors include RevUp Capital, and JumpStart Ventures.
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