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 key positions in engineering, product, operations, sales, and marketing.
Led by Deborah Hanus, Cofounder and CEO, Sparrow enables companies to manage employee leave reducing compliance risks and better-supporting employee wellness. Among other benefits, the company helps employers reduce their risks of non-compliance, reduces program management costs, and provides a tangible benefit to bolster employee retention.
FinSMEs
17/02/2022