Sproutly
PrivateLast Round
Grant
Jun 4, 2025
Total Funding Raised
$100,000
Company Overview
Sproutly is a Nigerian financial technology company that provides a financial services platform for the education sector in Africa. The company offers solutions for payments, invoicing, collections, financial management, and credit to K-12 schools, universities, EdTech companies, and families. Initially founded as a banking app for children, Sproutly pivoted to focus on solving financial management and payment challenges for educational institutions. Its platform includes a school dashboard and a mobile app for billing managers, offering features like advanced invoicing, customized wallets, and installment payment options through its 'Cowri Credit' program. The company was selected for the Mastercard Foundation EdTech Fellowship in 2025, receiving non-equity funding to expand its services.
Sector
FinTech
Verticals
Vertical SaaS, Digital Payments, Lending & Credit, Accounting & Expense, Digital Wallets
Business Model
B2B2C
Customer Profile
Payment Processing Fee, Subscription SaaS
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Sproutly Comps
Public and private peers based on sector, stage, and business model.
Sproutly Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Grant | Jun 4, 2025 | ||||
| Pre Seed | Jul 31, 2023 |
Sproutly Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Mastercard Foundation | Grant |
| Ingressive Capital | Pre Seed |
| Velocity Digital | Pre Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Oct 4, 2025
Hosted SproutFest 2025, unveiling new financing programs for Nigerian education.
- Oct 4, 2025
Launched laptop and tuition financing programs for Nigeria's education system.
Sproutly Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Sproutly's valuation, stock price, and market status.
