Sprout Family Raises $3.55M CAD Seed

Sprout Family, a Toronto-based integrated family benefits platform, has raised $3.55 million CAD in an oversubscribed seed funding round. The company provides a scalable technology platform that helps Canadian employers manage fragmented family-building support, ranging from fertility services to postpartum care and parental leave.

Investors

The round was led by BDC's Thrive Venture Fund, with participation from Accelia Capital, MaRS Investment Accelerator Fund, StandUp Ventures, and The51.

Sprout Family Use of Funds

Sprout Family plans to use the capital to expand its platform capabilities beyond fertility services into pregnancy, postpartum care, parental leave management, and return-to-work support. Additionally, the company intends to grow its team and strengthen strategic partnerships within the Canadian insurance and benefits industry.

About Sprout Family

Founded in 2023 by Jackie Hanson and Suzanne Mason, Sprout Family is Canada's first integrated family benefits platform. The company's mission is to provide comprehensive support for employees throughout their family-building journey while offering HR departments a centralized tool to manage these essential benefits.

Funding Details

Company Website: https://sproutfamily.ca

Company: Sprout Family
Raised: $3.55M CAD
Round: Seed
Funding Date: October 15, 2026
Lead Investor: BDC Thrive Venture Fund
Additional Investors: Accelia Capital, MaRS Investment Accelerator Fund, StandUp Ventures, The51
Company Website: https://sproutfamily.ca
Software Category: HR Tech / Benefits Platform
Source: https://www.newswire.ca/news-releases/sprout-family-closes-3-55m-cad-oversubscribed-seed-round-to-build-canada-s-infrastructure-for-family-building-benefits--832880352.html