Sproutt Insurance
InsuranceUnited States51-200 Employees
The life insurance revolution has arrived. Meet Sproutt, the company dedicated to modernizing life insurance for agents and their customers!
Innovative Technology Adoption Sproutt leverages advanced insurtech solutions such as instant approval platforms and health-based underwriting, indicating a focus on streamlining the customer experience and reducing sales friction. This presents opportunities to partner with tech-forward brokers and agencies seeking cutting-edge insurance products.
Strong Funding and Growth Potential With recent financing of 38 million dollars and a revenue range of 10 to 50 million dollars, Sproutt demonstrates robust financial backing and growth trajectory. This signals confidence in their innovative distribution channels, making them an attractive partner for agents looking to expand their product portfolio.
Focus on Health and Wellness Sproutt's unique approach rewards healthy behaviors and offers tools like Sproutt SmartLife for Agents, emphasizing a health-centric selling proposition. There are opportunities to target health-conscious clients and wellness organizations interested in life insurance products that promote preventive habits.
Expanding Distribution Network Recent hires of senior distribution executives and launches of new agent portals suggest Sproutt is actively enhancing its sales channels. Collaborating with their expanded team could open doors to innovative distribution partnerships and increased market penetration.
Market Positioning and Trend Alignment Sproutt is positioned as a fast-growing insurtech platform competing with companies like Ladder and Ethos, focusing on modern, health-oriented life insurance solutions. Sales opportunities exist in targeting digital-first and health-minded demographics looking for flexible and innovative coverage options.
Sproutt Insurance uses 8 technology products and services including Facebook Pixel, Fullstory, Amazon S3, and more. Explore Sproutt Insurance's tech stack below.
| Sproutt Insurance Email Formats | Percentage |
| First@sproutt.com | 42% |
| FirstL@sproutt.com | 8% |
| First@sproutt.com | 42% |
| FirstL@sproutt.com | 8% |
InsuranceUnited States51-200 Employees
The life insurance revolution has arrived. Meet Sproutt, the company dedicated to modernizing life insurance for agents and their customers!
Sproutt Insurance has raised a total of $26M of funding over 2 rounds. Their latest funding round was raised on Sep 14, 2021 in the amount of $26M.
Sproutt Insurance's revenue is estimated to be in the range of $25M$50M
Sproutt Insurance has raised a total of $26M of funding over 2 rounds. Their latest funding round was raised on Sep 14, 2021 in the amount of $26M.
Sproutt Insurance's revenue is estimated to be in the range of $25M$50M