Sparrow, a company offering employee leave management software, pulled in $35 million in a Series B funding round led by SLW. The raise brings Sparrow’s total capital to $64 million as it works to scale its technology platform.
The company aims to help HR teams improve employee retention and engagement. Since employee leave can impact many different factors, such as legal compliance, insurance, state agencies, payroll and HR business partners, Sparrow gives teams solutions to ensure compliance is managed correctly and consistently.
“Leave is complicated — and stressful,” Deborah Hanus, Sparrow CEO and co-founder, said in a statement. “Everything is always changing, and no one has the data they need when they need it. Sparrow has centralized that data to truly make leave — and adjacent areas of legal compliance — stress-free for the thousands of caring companies who trust us to support their workforce.”
