Sparrow

Leave administration platform for distributed workforces

San Francisco, California, United States

About Sparrow

Sparrow provides a platform for managing employee leave for companies with remote and hybrid workforces in the U.S. and Canada. The platform simplifies the leave administration process by automating tasks such as handling paperwork and coordinating with medical providers, ensuring compliance with federal, state, and local regulations. This service is particularly useful for Human Resources and payroll departments, allowing them to efficiently manage various types of leave, including medical and parental leave. Unlike its competitors, Sparrow focuses specifically on compliance and leave management, catering to a diverse range of clients from small businesses to large enterprises. The company's goal is to support employee well-being while helping businesses save time and money through its subscription-based service and consulting offerings.

San Francisco, CaliforniaHeadquarters
2018Year Founded
$19.5MTotal Funding
SERIES_ACompany Stage
Consulting, Enterprise SoftwareIndustries
201-500Employees

Risks

Competition from established HR tech companies like Workday threatens Sparrow's market share.
Rapid AI advancements require Sparrow to continuously update its platform, straining resources.
Potential changes in labor laws could increase Sparrow's operational costs.

Differentiation

Sparrow automates leave management, reducing administrative burden for HR departments.
The platform ensures compliance with federal, state, and local leave regulations.
Sparrow offers consulting services to help companies benchmark and improve their leave policies.

Upsides

Sparrow raised $20M in Series A funding to accelerate growth and development.
Partnership with Webflow enhances Sparrow's credibility and market reach.
Growing demand for mental health leave solutions boosts Sparrow's market potential.

Funding

Total raised$19.45 M
Latest valuation$100.00 M
StageSERIES_A
$20
$100.00 M