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About Sparrow
Industries
Consulting
Enterprise Software
Company Size
201-500
Company Stage
Series A
Total Funding
$19.5M
Headquarters
San Francisco, California
Founded
2018
Overview
Sparrow provides a platform for managing employee leave for companies with remote and hybrid workforces in the United States and Canada. The platform simplifies the leave administration process by automating tasks such as handling paperwork, coordinating with medical providers, and ensuring compliance with federal, state, and local regulations. This makes it easier for Human Resources and payroll departments to manage various types of leave, including medical, parental, and personal leave. Unlike its competitors, Sparrow focuses specifically on compliance and leave management solutions, catering to a diverse range of clients from small businesses to large enterprises. The company's goal is to support employee well-being while helping businesses save time and money through efficient leave management.
Simplify's Take
What believers are saying
- Sparrow raised $20M in Series A funding to accelerate growth and development.
- Partnership with Webflow enhances Sparrow's credibility and market reach.
- Growing demand for mental health leave solutions boosts Sparrow's market potential.
What critics are saying
- Competition from established HR tech companies like Workday threatens Sparrow's market share.
- Rapid AI advancements require Sparrow to continuously update its platform, straining resources.
- Potential changes in labor laws could increase Sparrow's operational costs.
What makes Sparrow unique
- Sparrow automates leave management, reducing administrative burden for HR departments.
- The platform ensures compliance with federal, state, and local leave regulations.
- Sparrow offers consulting services to help companies benchmark and improve their leave policies.
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Funding
Total Funding
$19.5M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -4%2 year growth
↑ 9%Sparrow, a pioneer in Employee Care Management (ECM), announced today that the company was bestowed with a 2022 HR Tech Award in the category of “employee experience.”
To better support their team members and save time, Webflow partnered with Sparrow for more straightforward leave management.
Sparrow, a San Francisco, CA-based Employee Care Management (ECM) provider, raised $20m in Series A funding. The round was led by WndrCo, with participation from Authentic Ventures and South Park Commons. The company intends to use the funds to: accelerate sales, marketing, and product development activities in North America, scale their team of industry leaders and hire for several [] The post Sparrow Raises $20M in Series A Funding appeared first on FinSMEs.
Sparrow, a pioneer in Employee Care Management (ECM), today announced the company has announced their Series A and $20 million in funding.
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About Sparrow
Industries
Consulting
Enterprise Software
Company Size
201-500
Company Stage
Series A
Total Funding
$19.5M
Headquarters
San Francisco, California
Founded
2018
Sparrow is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today