Sprout announces additional funding and plans for growth

TELUS and Techstars extend partnerships to usher in a new era of workplace health

TORONTO, Aug. 4, 2016 /CNW/ - Leading Canadian wellness company, Sprout is proud to announce additional funding from two key influencers in the healthcare technology movement: TELUS, Canada's largest health IT company, and Techstars, through its ventures arm. With these continued partnerships, Sprout plans to usher in a new era of workplace health, expanding its exceptional user experience, data analytics and ecosystem of partners, which will in turn promote wellness across corporate cultures internationally.

These partnerships evolved from Nike+'s first accelerator program powered by Techstars, where Sprout was one of 10 growing tech companies chosen to participate in an immersive, mentor-driven startup accelerator.

"We focus our partnerships around companies that are both building great businesses and contributing to the pace of digital innovations on a large scale," says Mark Solon, Managing Partner at Techstars. "Beyond their growth during the accelerator, Sprout continues to exceed expectations with its imaginative, forward-looking offering that has a proven impact on workforce wellness and productivity."

TELUS too has seen the continued alignment between their own efforts to boost workforce wellness through wearable devices and Sprout's growing contribution to social health technology.

"At TELUS, we're committed to helping Canadians make positive lifestyle choices, and are excited to advance our partnership with Sprout so together, we continue to strengthen the emphasis on health and wellness and improve long-term results," says Rich Osborn, Managing Partner of TELUS Ventures. 

Sprout's offering is twofold. First, Sprout provides technology based tools engineered to motivate employees to get active in the way they choose. Second, Sprout provides leaders with the ability to measure the positive impact of wellness on their business. In addition to a growing suite of tools that includes physical activity tracking, nutrition, mental health, and biometrics, the platform integrates with leading fitness trackers. But this is only the beginning.

"TELUS and Techstars are both invaluable influencers of wellness technology. TELUS is making huge strides in generating awareness about the benefits of preventative health and Techstars continues to support developments in wearable wellness," said Martha Switzer, co-founder of Sprout. "Through these partnerships, we hope to advance our platform even further so we can create a wellness movement across corporate cultures, for happier, healthier people and happier, healthier companies."

Sprout is the leading Wellness Engagement Platform, used by progressive companies to improve the health of their employees and their business. Sprout creates a work culture that enables individuals to lead happier, healthier lives, while empowering employers to effectively manage and measure wellness outcomes. More information is available at www.sproutatwork.com.


Image with caption: "Sprout extends partnerships to usher in a new era of workplace health and wellness. (CNW Group/Sprout)". Image available at: https://photos.newswire.ca/images/download/20160804_C4981_PHOTO_EN_747375.jpg

For further information: Martha Switzer, Co-Founder and CMO, T: 604-365-4112, m.switzer@sproutatwork.com


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