27 February 2023

Sprout raises $1m pre-seed

Written By FinTech Alliance

Sprout raises $1m pre-seed

Sprout is aiming to connect “underserved” private investors to leading venture capital funds


- The round included a mix of family offices and angel investors, including early backers of Wise, Pipe and Betway

- Sprout was founded in 2021 by Jonny Blausten (CEO), Daniel Lehmann (chief operating officer), and PwC Raise Ventures founding member Rich Abrahams (chief investment officer)

- Sprout offers a minimum investment of £5,000 for high-net-worth and ultra-high-net-worth individuals who do not have access to VC funds

What does this mean?

“We’ve witnessed the appetite for long-term, higher upside investment classes like venture capital, and have experienced first-hand the high minimum investments and requirement to have extensive industry knowledge,” Sprout CEO Blausten said. “We’re helping underserved investors access high-performing VC funds, as they rightfully should.”

Read more here.

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