Sprout Fund
Edmonton, Alberta, Canada
Overview
Sprout.vc is a seed-stage venture capital firm focused on SaaS and B2B companies. The firm is based in Edmonton, Alberta, Canada.
- Total investments
- 9
- Lead investments
- 2
- Investments · 12mo
- 2
- Active investors
- 4
Sector focus
- Artificial Intelligence (AI)
- B2B
- Machine Learning
- SaaS
- Software
- Venture Capital
Investment portfolio
- Cyder
Participated · Seed · Feb 2026
Founded in 2021, Toronto-based Cyder began as a real-time data analytics platform for financial institutions and pivoted in 2024 to deliver a loyalty-rewards solution tailored to credit unions. Its white-label software lets credit unions launch new offers in minutes, track more than 100 reward behaviours across transactions, community benefits, one-time incentives and ongoing rewards, and leverage consent-based purchase and behavioural data to craft targeted promotions. Over 20 credit unions in Canada and the U.S., ranging from 7,000 to 500,000 members, currently use the product. By helping smaller institutions partner with local merchants and reward behaviours such as setting up retirement deposits, Cyder aims to deepen member relationships and boost assets under management. The company positions itself as a mission-driven alternative to bank-centric programs, emphasizing community engagement and localized offers. Although revenue figures were not disclosed, management cites rapid onboarding times and growing client usage as competitive advantages. Cyder plans to continue scaling its credit-union footprint while enhancing data-driven personalization features.
- Glowtify
Participated · Seed · Nov 2025
Glowtify offers an AI-driven marketing workspace that leverages more than 2 billion data points to deliver personalized campaign recommendations and automated content generation for e-commerce brands. The platform unifies social, email, SEO, and advertising workflows, ensuring consistent brand execution across all channels. Glowtify’s technology is positioned as the nucleus of what it calls an “agentic work platform,” where autonomous AI agents execute marketing tasks and share brand context seamlessly. Headquartered in Montreal, the company intends to use its newly raised capital to expand its AI engineering and go-to-market teams. It also plans to grow its footprint across Canada and the United States and to deepen the capabilities of its AI-powered marketing suite. The seed financing brings the company’s total known funding to CAD $3.4 million.
- Styx Intelligence
Participated · Seed · Mar 2025
Styx Intelligence offers an AI-first digital risk protection (DRP) platform designed to give organizations visibility into external digital risks and safeguard their digital footprint, reputation, and assets. The company was founded by Karim Ladha and Santosh Nair, who drew on over a decade of joint experience in cybersecurity. Styx emphasizes protections against threats amplified by generative AI, LLMs, and deepfakes and aims to make its tools accessible to both technical and non-technical users. The team positions the product to help enterprises across industries mitigate attacks faster and more reliably. Management says the DRP market is at the cusp of significant growth, and Styx intends to leverage its AI-first architecture and domain expertise to lead that transformation. The company announced an oversubscribed Seed financing to support expansion of its AI-powered capabilities.
- Rithmik Solutions
Participated · Equity · Mar 2024
Rithmik Solutions develops an artificial-intelligence platform that ingests high-resolution data from mixed mobile mining fleets and converts it into actionable guidance for operations and maintenance teams. Its analytics go beyond predictive maintenance, enabling mines to detect issues earlier, improve equipment reliability, and increase production efficiency while reducing environmental impact. The software is fully OEM-agnostic, supporting all major mining equipment brands and addressing customers’ need for interoperable, site-wide solutions. Headquartered in Montréal, the company positions itself as a key enabler of smart, sustainable mining by aligning operational and maintenance priorities around data-driven insights. With fresh Series A funding, Rithmik plans to accelerate global expansion, broaden its product suite, and integrate into additional digital mining ecosystems. Financial or user metrics were not disclosed in the article.
- Levr.ai
Led · Seed · Feb 2024
Levr.ai operates an AI-driven loans platform that customizes loan matches using a business's data and provides free built-in resources such as guides and templates. The company was founded by Kaylan Pepin and Roman Hartmann and is based in Vancouver, BC. Levr.ai has onboarded over 2,000 small businesses across Canada and the US. It offers tools to help businesses optimize required documents and access debt capital solutions. The company plans to use recent funding to fuel expansion, particularly into the US market, and to further support small-business growth. Financially, the firm has raised additional seed capital and now has total funding of over $2.5 million. Levr.ai offers an artificial intelligence-driven loan marketplace that matches small businesses with a wide range of funding options, including term loans, receivables financing, merchant cash advances, and venture debt. Its platform aims to accelerate searching for loans, the application process, and ongoing loan management, and includes free built-in resources such as guides and templates. The company works with over 15 lender partners to provide those financing options. Levr.ai is positioning its product to serve all types of small businesses, from brick-and-mortar and mom-and-pop shops to online retailers and software companies. Following its recent funding, the company plans to grow its team and expand its reach to serve United States-based businesses. Levr.ai says its software is intended to help more businesses secure funding amid a forecasted recession in 2023.