ONE-CLICK INSURANCE
FOR EVERY FARMER!


Mobile signup. Automated Claims. Instant Payouts.

ONE-CLICK INSURANCE FOR FARMING WITHOUT POVERTY!
Mobile signup.
Automated Claims.
Instant Payouts.


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Our mission
We challenge the status-quo of financial independence of smallholder farmers around the world.
ASSET RICH - CASH POOR
Over 500 Smallholder farmers around the world have limited opportunities to access markets. Selling to Europe and US markets require risky investments and new plant varieties.
UNTAPPED MARKETS
For insurance companies customer acqusition costs and claims processes are too expensive to serve farmers the protection they would need today.
FARMER'S RISKS
This risky investment combined with the uncertainty of weather due to climate change puts farmers at high risk in export!
Sprout built a mobile, weather-based crop-insurance that is fully transparent, fair and affordable and pays out rewards 95% faster than traditional insurances
Farmers becoming #sprouters!
How it works
1
Mobile signup
Farmer signs up for weather insurance product and pays premium via airtime or mobile wallet
2
Blockchain-based Policy
Smart Contract with farmer ID and GPS data is set up
3
Weather data and IoT sensors
Through the season the smart contract collects weather data: RainFall, Temperature, Humidity, Sensors
4
Claims Payout
When weather threshold is reached, farmer premium is paid via automatic mobile money transfer
CUTTING THE COSTS OF FARMER INSURANCES
Autonomous Insurance Product
Affordable weather-indexed crop insurance powered by Blockchain smart contracts.
Customer Acquisition Costs
Are 20% lower in comparison to traditional insurers due to our existing sales channels and a trained local salesforce.
Claims Processing
Thanks to smart contracts on the Blockchain which are powered by data from weather, satellites or sensors we automate claims processes saving hours of paperwork and overheads.
WHAT IS A WEATHER INDEXED INSURANCE?
Insuring farms that in extreme weather conditions are likely to produce low or no crops. Data used in the smart contract algorithm throughout the growing season:
Rainfall
Temperature
Humidity
Wind
Satellite Imagery
IoT Sensors
Being with Sprout is different
Features
Traditional Microinsurances
Sprout
Transparent insurance system
Clear terms and policies
Friendly claims processes
Fast payouts
Mobile optimized
SOCIAL AND FINANCIAL IMPACTS
Supporting local farmers and the community creating jobs and new opportunities for emerging countries.
DIRECT TO FARMER
SPROUT gives farmers peace of mind and new access to credit by taking out the risk in the farming. Farmers are able to invest in most important crops and pay for school fees and inputs for the next season. This enables a dramatically reduced exposure to shocks and a guaranteed income for farmers and their families.
DIRECT TO COMMUNITIES
Trained SPROUT field agents sign up farmers to provide them the knowledge they need to decide to buy insurance for the season. Field agents make a commission on every insurance premium sold, incentivizing them appropriately. We therefore especially support woman in resource poor communities and train them for employment opportunities


Who we are
We are driven by the mission of using technology to bring peace of mind to rural farmers and building a sustainable future for their countries.
Ashley King-Bischof
Co-Founder Sprout
Fervently committed to women smallholder farmers around the world. Experience working globally from successful Internet startups, NGOs and Social Enterprises. Enjoy infusing technology, design and business acumen into the toughest challenges facing the world.
Sandro Stark
Co-Founder Sprout
Sandro is driven by the passion of translating technologies like Blockchain, AI and IoT into solutions improving farmers live on planet. He has 5+ years experience in B2B Technology Sales and Industry Development at Microsoft. As an Industry Lead, he successfully orchestrated internal teams, partners and ISV in a mulit-million dollar segment.
Dennis Ng'ang'a
Full Stack Developer
Hannes Rang
CTO & Blockchain Developer
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