Sprout announced that it raised a $10 million seed funding round, led by General Catalyst, along with Felicis Ventures, headed by Aydin Senkut, and Bling Capital, founded by Ben Ling. The majority of funding will be going toward product development and to build experience for all the stakeholders involved in autism care.
The funding will also go toward building Sprout’s team, which consists of 60 people across three continents; the company expects to have a couple of hundred people on the team by the beginning of next year, along with 400 to 500 therapists. Sprout will focus on staffing engineering teams, data science teams, and its computer vision team. The organization’s goal is to take the cost of getting autism care in the United States and cut it by at least half, and to decrease the wait list nationally to get care to be, at the very most, a couple months for all Americans. It also wants to end the disparity between rich people and poor people in terms of getting access to care. Aligning with the company’s longer-term vision, the idea is to expand its platform beyond just autism, and into other cognitive areas where its platform can also be of help, such as Down syndrome, Crohn’s disease, various chronic conditions, and Alzheimer’s.
Sprout Therapy is a tech-forward provider organization for in-home and online applied behavior analysis (ABA) therapy. Their mission is to provide personalized, technology-powered care children in the environment best suited to help them thrive.
This was reported by Vator on July 21, 2020.
Contact information: Sprout Therapy, 3210 East Woodmen Road, Suite 110, Colorado Springs, Colorado 80920; 833-458-0386; Website: www.joinsprouttherapy.com