Sprih Secures $3 Million in Seed Funding Led by Leo Capital for Global Expansion

Sprih, a climate technology platform, has recently closed a significant seed funding round, raising $3 million. The financing was spearheaded by venture capital firm Leo Capital, with additional contributions from notable individual investors and climate specialists. This injection of capital marks a pivotal moment for Sprih as it accelerates its mission to assist businesses worldwide in achieving sustainability goals.

Founded by Akash Keshav, Ravi Singhal, Rohit Toshniwal, and Hemant Joshi, Sprih offers innovative solutions designed to streamline companies’ paths toward sustainability. The platform caters to a diverse clientele spanning various sectors, including manufacturing, construction, chemical, paint, pharmaceuticals, IT, and higher education.

According to a press release issued by the company, the newly secured funds will be strategically allocated to fuel Sprih’s global expansion initiatives. A significant portion of the investment will be directed towards bolstering sales and marketing efforts, aimed at increasing market penetration and brand awareness on a global scale.

Moreover, Sprih intends to leverage the funding to bolster its talent pool, particularly in the realm of artificial intelligence (AI) development. The company aims to enhance its existing AI models focused on climate-related analytics and insights, thereby fortifying its position as a leader in climate technology innovation.

Additionally, Sprih plans to allocate resources towards cultivating a robust partner ecosystem, forging strategic alliances with like-minded organizations and stakeholders committed to advancing sustainability initiatives. By fostering collaborations with industry leaders and experts, Sprih seeks to amplify its impact and drive meaningful change across sectors.

Notable clients of Sprih include renowned entities such as Indigo Paints, Hero Motors, Arvind SmartSpaces, Espi Industries, and InfoBeans, highlighting the platform’s versatility and efficacy in catering to diverse industry needs.