Sprout Fund LP

Sprout Fund invests in seed- and early-stage companies with Series-A funding potential. The fund leverages the collective experience of its Managing and Limited Partners to mentor and fund high-potential technology companies. It was founded in 2018 and is headquartered in Edmonton, Alberta.

Kristina Milke

Managing Partner

10 past transactions

Lightstrike AI

Pre Seed Round in 2024
Lightstrike uses AI to seamlessly map complicated enterprise contexts. We quickly create a definitive source of truth for system integrations and dependencies.

Rithmik Solutions

Seed Round in 2024
Rithmik Solutions Ltd. is a Montreal-based company that specializes in developing software solutions for the mining industry, focusing on predictive maintenance for mobile mining equipment. Founded in 2017, Rithmik offers an artificial intelligence-driven platform that analyzes equipment health by creating a virtual model of healthy assets, which runs alongside their physical counterparts. This system detects even minor deviations from optimal performance, providing clients with actionable insights to enhance equipment uptime and reduce maintenance costs. By leveraging AI technology, Rithmik Solutions aims to optimize productivity and profitability for its clients in the mining sector.

Levr.ai

Seed Round in 2024
Levr.ai is an intelligent loans platform built to get your business funded—fast

DYNE

Seed Round in 2022
DYNE is a customer data and analytics platform designed for restaurants and retailers, leveraging machine learning to enhance decision-making and profitability. Founded in 2021 and based in Vancouver, British Columbia, DYNE's platform facilitates connections among users, enabling them to gather with friends at their preferred dining locations while benefiting from discounted offers. By streamlining operational processes and improving revenue generation, DYNE aims to support businesses of all sizes in the competitive food service and retail sectors.

Ideon Technologies

Seed Round in 2020
Ideon Technologies Inc. specializes in developing advanced bore-hole detectors and a subsurface intelligence platform for mineral exploration and monitoring. This platform employs cosmic-ray muon tomography, integrating proprietary detectors, imaging systems, inversion technologies, and artificial intelligence to achieve x-ray-like imaging capabilities down to 1 kilometer beneath the Earth's surface. By detecting subsurface muons, Ideon transforms data into reliable geophysical surveys and three-dimensional density maps, allowing exploration geologists to identify, map, and monitor mineral and metal deposits with enhanced precision. The company's innovative approach helps reduce drilling costs and risks, saves time, and minimizes environmental impacts associated with traditional exploration methods. Founded in 2011 and headquartered in Richmond, Canada, Ideon Technologies emerged as a spin-off from TRIUMF, Canada's national particle accelerator laboratory, and was previously known as CRM GeoTomography Technologies, Inc. until its name change in May 2020.

PLAYR.gg

Venture Round in 2020
PLAYR.gg was a technology platform that facilitated enterprise brands in generating, segmenting, and activating first-party customer data. It offered a networking solution aimed at helping businesses expand their gaming audiences through daily giveaways, allowing users to win free prizes by supporting their preferred creators and brands. This engagement not only enhanced brand visibility but also fostered stronger customer-business relationships. However, in February 2022, PLAYR.gg was merged into the Surf brand following its acquisition by Trufan, Inc., marking the end of its operations as an independent entity.

Truss

Pre Seed Round in 2020
Truss is a software company that specializes in payment operations for the construction industry. Founded in 2018 and based in Victoria, Canada, Truss offers a platform that enables general contractors, subcontractors, and suppliers to manage their financial transactions efficiently. The software allows users to send and receive payments instantly and without fees, simplifying the payment process. It provides a unified dashboard where construction companies can collect payments from clients via email, pay suppliers immediately, or withdraw funds using a card. By automating the accounts payable cycle—from billing and invoicing to reconciliation—Truss enhances expense management for its clients, reducing reliance on traditional payment methods such as checks and minimizing manual data entry.

Smart Access

Venture Round in 2020
Smart Access Inc. is a company that specializes in designing and developing knowledge-based system software aimed at enhancing workforce efficiency in retail and warehouse environments. Founded in 2015 and headquartered in Edmonton, Alberta, the company offers a mobile performance support platform that facilitates the training and reskilling of workers through location-aware technology. Its software services include onboarding, user management, content management, mobile experience building, and operational intelligence. By providing intuitive access to essential information, Smart Access enables employers to gain insights into workforce performance, ultimately accelerating operational competence and efficiency.

DiveThru

Pre Seed Round in 2019
DiveThru is a well-being application aimed at helping users manage anxiety and stress through a combination of in-person studios and an online platform. The company connects young people with licensed therapists who develop content addressing various real-life situations and concerns. By providing easy-to-use resources and self-guided pathways, DiveThru enables individuals to navigate life's challenges more effectively, make informed decisions, and reduce stress. With a commitment to ensuring that no young person struggles alone, DiveThru emphasizes the importance of community and support in the journey toward mental well-being.

Dryrun

Pre Seed Round in 2019
Dryrun is a cash flow management software that focuses on helping businesses manage their cash inflows and outflows effectively. Targeting companies with annual revenues between $1 million and $100 million, Dryrun is particularly suited for those facing volatile cash flow challenges. The software provides features such as cash flow projections, pipeline visualization, scenario creation, budget and sales forecasts, and profit analysis. By offering these tools, Dryrun enables CFOs and financial professionals to gain insights into their business's financial state and make informed operational decisions.
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