HR-tech startup Sprout Options buys PH automation platform Linnia

Sprout Solutions, an HR-tech startup primarily based within the Philippines, introduced that it has acquired AI and course of automation platform Linnia for an undisclosed quantity.

Linnia, which is the flagship platform of Aiah (Innovantage), gives a robotic course of automation platform that automates repetitive duties in desktop purposes and digitises transactions within the procure-to-pay course of.

It additionally gives an answer that enables new hires to enter their information to mechanically replace downstream techniques, along with its sturdy low-code workflow automation platform.

The acquisition, in line with Aiah CEO and co-founder Gian Paulo dela Rama, is step one within the firm’s shift towards making AI providers extra accessible.

“With the acquisition of Linnia by the biggest and one of many fastest-growing B2B SaaS firms within the Philippines, Sprout Options, I’m extremely excited that increasingly organisations will take pleasure in the advantages of automation,” Dela Rama added.

Sprout Options is a payroll and human sources platform from Manila based by husband-and-wife duo Patrick and Alex Genty in 2015. It was launched to resolve a ache level for companies working below the Philippines’ advanced labour legal guidelines.

Within the Philippines, companies are required to file worker taxes, social safety contributions, in addition to corresponding studies.

Within the announcement, Gentry mentioned the acquisition will additional enhance Sprout’s HR ecosystem by injecting it with key workflow automation that may additional simplify individuals’s duties.

Sprout raised $6 million in a Sequence A funding spherical in 2019, led by international enterprise capital agency Point72 Ventures, the early-stage VC agency of American billionaire Steve Cohen. The deal marks Point72’s first foray into Southeast Asia.

The acquisition comes as Southeast Asian international locations are the least ready within the Asia-Pacific area for the upcoming challenges of office automation, in line with a Deloitte report in 2021.