Sproutfi Overview
- Year Founded
-
2021
- Status
-
Acquired/Merged
- Employees
-
12
- Latest Deal Type
-
M&A
- Investors
-
1
Sproutfi General Information
Description
Developer of a fin-tech application designed to provide financial independence to its users. The company's platform allows users to invest in US financial markets and follows other investors, chat directly with groups built around users' interests, share investment advice with friends, and discover investment ideas, enabling investors to access the stocks at low prices.
Contact Information
Website
www.sproutfi.comCorporate Office
- 141 Parkway Road
- Suite 2C
- Bronxville, NY 10708
- United States
Corporate Office
- 141 Parkway Road
- Suite 2C
- Bronxville, NY 10708
- United States
Sproutfi Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Merger/Acquisition | 18-Jul-2023 | Completed | Generating Revenue | |||
| 3. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 2. Seed Round | 03-May-2022 | $5.7M | $5.83M | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | 31-Aug-2021 | $125K | $125K | Completed | Generating Revenue |
Sproutfi Comparisons
Industry
Financing
Details
Sproutfi Competitors (20)
One of Sproutfi’s 20 competitors is Freetrade, a Formerly VC-backed company based in London, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Freetrade | Formerly VC-backed | London, United Kingdom | ||||
| Sarwa | Venture Capital-Backed | Abu Dhabi, United Arab Emirates | ||||
| TradeStation Group | Corporate Backed or Acquired | Plantation, FL | ||||
| Trading 212 AU | Angel-Backed | Sydney, Australia | ||||
| Wealthsimple | Venture Capital-Backed | Toronto, Canada |
Sproutfi Signals
Sproutfi Former Investors (20)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| First Check Ventures | Venture Capital | Minority | ||
| Goodwater Capital | Venture Capital | Minority | ||
| HOF Capital | Venture Capital | Minority | ||
| Investo (San Francisco) | Venture Capital | Minority |
Sproutfi Investments (1)
Sproutfi’s most recent deal was a Corporate Asset Purchase with Passfolio (Client Portfolio in Brazil). The deal was made on 19-Oct-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Passfolio (Client Portfolio in Brazil) | 19-Oct-2022 | Corporate Asset Purchase | Buildings and Property |
Sproutfi FAQs
-
When was Sproutfi founded?
Sproutfi was founded in 2021.
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Where is Sproutfi headquartered?
Sproutfi is headquartered in Bronxville, NY.
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What is the size of Sproutfi?
Sproutfi has 12 total employees.
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What industry is Sproutfi in?
Sproutfi’s primary industry is Brokerage.
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Is Sproutfi a private or public company?
Sproutfi is a Private company.
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What is Sproutfi’s current revenue?
The current revenue for Sproutfi is .
-
How much funding has Sproutfi raised over time?
Sproutfi has raised $5.83M.
-
Who are Sproutfi’s investors?
, First Check Ventures, Goodwater Capital, HOF Capital, and Investo (San Francisco) are 5 of 20 investors who have invested in Sproutfi.
-
Who are Sproutfi’s competitors?
Freetrade, Sarwa, TradeStation Group, Trading 212 AU, and Wealthsimple are some of the 20 competitors of Sproutfi.
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When was Sproutfi acquired?
Sproutfi was acquired on 18-Jul-2023.
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Who acquired Sproutfi?
Sproutfi was acquired by Vest.
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