Investment platform Sprout scores $1m pre-seed


Sprout, a UK-based platform for underserved private investors to access a selection of venture capital funds, has raised $1m in pre-seed financing.

According to FinSME, participants in the round included a selection of family offices and angel investors.

Sprout has developed a platform to support underserved investors with access to venture capital funds.

Users can manage their portfolio online and browse through Sprout’s curated selection of high-quality VC funds, invest through Sprout’s platform and monitor portfolio performance through the company’s regular updates.

From as little as £5,000, investors can benefit from the upside potential of private markets and build diversified portfolios that mitigate the risk of investing in individual firms.

Over the last year, Sprout has already partnered with a wide range of leading venture capital firms on its platform, such as Episode 1 Ventures and Speedinvest. The company has facilitated millions of pounds of investment from a community of over 500 private investors.

Sprout intends to use the newly raised capital to scale its platform and continue to accelerate growth.

German finance operating system for SMBs finway has recently raised €9.2m in a Series A financing raise led by Capital 49.

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