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    Sprout Solutions

    People-first AI platform for HR, payroll and embedded employee finance

    Founded
    2015
    Headquarters
    Mandaluyong, Metro Manila
    Stage
    Series B
    Total raised
    ₱1.0B
    From recorded rounds

    Overview

    Sprout Solutions is the Philippines' largest homegrown B2B HR and payroll SaaS company, founded in 2015 by Patrick and Alex Gentry. Serving 1,000+ corporate clients and 180,000+ employees, it runs HRIS, payroll, compliance and analytics. In September 2024 it launched Sprout Finances, an embedded-finance suite: ReadyWage (earned-wage access / salary-on-demand) and ReadyCash (salary advances of PHP 3,000-50,000, powered by partner bank Netbank), with ReadySaver savings in development. Sprout has raised about US$18.3M across seed, Series A (Point72 Ventures) and a 2023 US$10.7M Series B led by Cercano Management.

    Products

    • Sprout HR (HRIS)
    • Sprout Payroll
    • Sprout Finances
    • ReadyWage (earned-wage access)
    • ReadyCash (salary advance, powered by Netbank)
    • ReadySaver (upcoming)

    Serves

    EmployersEmployees

    Funding and ownership

    Total raised

    ₱1.0B

    Sum of recorded funding rounds

    Stage

    Series B

    Investors and shareholders

    Kickstart VenturesWavemaker PartnersBEENEXTPoint72 VenturesCercano ManagementSBVA (formerly SoftBank Ventures Asia)GSR VenturesIntegra PartnersACA InvestmentsMynavi Corporation

    Figures are calculated from the funding rounds recorded for this company.

    People

    • Patrick GentryCo-founder & CEO
    • Alex GentryCo-founder

    Licences and certifications

    • Payroll-linked salary advances delivered with partner bank Netbank (BSP-supervised)Certification
    • Data Privacy Act compliantCertification

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