# Sapling Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sapling-technologies

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.saplinghr.com
- Total disclosed funding: $4M
- Latest round: Seed (Aug 13, 2019)
- Investors on record: 3

## About

Sapling Technologies, Inc. offers innovative software solutions designed to enhance operational efficiency and streamline processes for businesses across various sectors, including finance, healthcare, and logistics.Founded in 2016 and headquartered in San Francisco, US, Sapling Technologies, Inc. specializes in developing advanced software applications for diverse industries. The company was co-founded by Andy Crebar and Michael Truchard, with Andy Crebar serving as CEO. In January 2021, Sapling Technologies, Inc. was acquired by Kallidus Holdings Limited. The company has successfully completed three deals, with the most recent funding round being a Seed round raising USD 4.00 mn from investors including Gradient Ventures and Tuesday Capital. The total amount raised by the company is USD 4.00 mn.Sapling Technologies, Inc. primarily offers advanced software applications aimed at improving operational efficiency and user engagement. Their flagship product facilitates real-time data analysis and reporting, catering to small to medium-sized enterprises and larger corporations in sectors such as finance, healthcare, and logistics. The solutions provided address specific challenges, including data management and compliance, delivering value to clients across North America, Europe, and Asia.In the most recent fiscal year, Sapling Technologies, Inc. reported a revenue of USD 18.49 mn. The company operates through a structured transaction model encompassing subscriptions and direct sales, with annual subscription plans that ensure access to their suite of software solutions and customer support. Their tiered pricing plans cater to various client needs, enhancing market reach and securing recurring revenue streams from their software products.Looking ahead, Sapling Technologies, Inc. is focused on expanding its product offerings and market presence. Plans include the launch of new software solutions designed to enhance operational capabilities across additional sectors. The company aims to penetrate new geographic markets in Asia and Europe by 2023. The recent Seed funding round will be utilized to support these initiatives, further driving expansion and product development efforts.

## Funding rounds

- Seed, Aug 13, 2019 — Kli Capital
- Seed, Feb 26, 2019, $4M — Tuesday Capital, Gradient Ventures

## Investors

- Tuesday Capital (https://capitalatlas.ai/funds/tuesday-capital) — Seed
- Gradient Ventures (https://capitalatlas.ai/funds/gradient-ventures) — Seed
- Kli Capital (https://capitalatlas.ai/funds/kli-capital) — Seed