From Startup to Success: Sprout Ventures and Spiro Technologies

Sprout has spent over 20 years investing in and supporting new ventures. Through a business model combining equity and cash payments, our Sprout Ventures partners utilize the full breadth of our design services to achieve market success from concept to launch. Our dedication to adding long-term value at an early stage has led to a 65% success rate for our clients – particularly impressive considering statistics show that only 10% of startups succeed.

A prime example of our successful partnerships is our collaboration with Spiro Technologies. 

As one of our early Sprout Ventures partners, we worked with Spiro to develop the initial user interface and user experience for the platform. Spiro has significantly evolved and matured since then, and it’s been rewarding to witness the growth.

Spiro recently reached a huge milestone when the organization was acquired by Cordance, a firm that accelerates the growth of B2B SaaS companies. Tailored to the unique needs of manufacturers, Spiro is an AI-powered CRM that provides real-time analytics and predictive modeling to help manufacturing and distribution businesses make crucial data-driven decisions, encourage growth, and improve profitability.

Congratulations to the Spiro Technologies team on all of your success!

Stay tuned – a few new Sprout Ventures are launching in the coming months.