Build Sep 29, 2026, 12:09 PM ET · version da23c6c

Sprowtt — Growing Business in America

For companies raising capital

Raise with a file your counsel can stand behind.

The deal room, invitations, investor records and activity log in one workspace you run. Counsel can review the offering as it happens—not from a reconstructed email chain.

The company runs it. Its securities counsel reviews it. Sprowtt supplies the tools and keeps the record.

See the platform in action. No investment or offering advice.

  • Secure access controls
  • Company-managed workspaces
  • Activity records

Sprowtt provides software tools. It does not offer securities, provide investment advice, or act as a broker-dealer or funding portal through this website.

Sprowtt · Kara Water — Deal Room

Welcome to Kara Water

Private workspace

A structured space for company materials, updates, and stakeholder engagement.

Key documents

Company Overview Viewed
Investor Presentation Viewed
Risk Factors Viewed

Authorized access · Last updated today

Company-controlled workspace · Access permissions · Activity records

Example workspace shown for illustration; no live investor data. Activity records describe what happened in the room and are not investment, legal, financial, or offering advice.

Built for controlled capital-raise workflows

  • Secure document access
  • Company-managed stakeholder permissions
  • Activity records the company can review
  • Configurable workflow support

The platform

Everything your team needs to run a more organized deal room.

Investor updates, run by the company

The company turns them on, writes them and sends them itself, only to people already in its deal room, with an unsubscribe link in every email.

Compliance workflow records

Rooms set by exemption. Federal: Rule 506(b), Rule 506(c), and testing the waters under Regulation A, which collects indications of interest only, with no money and no purchase. State intrastate: Rule 147A. Counsel review, holds and filing trackers kept on file.

Financing structures on record

Ownership shares, debt, convertible notes and SAFEs recorded in a cap table detailed enough to hand to a transfer agent.

Conferences the company holds

The company holds its own investor conferences by video or other methods, recorded and kept with the file so the people it invited can replay them.

Documents and access

Organize materials and manage stakeholder access.

  1. 1Organize key materialsKeep company information, documents, disclosures and updates in one workspace, with versions kept.
  2. 2Control stakeholder accessSet who can view each document and keep a clearer record of what was shared.
Kara Water — DocumentsIllustrative workspace
DocumentVersionWho can viewUpdated
Company Overviewv3 All authorized membersToday
Investor Presentationv2 All authorized membersYesterday
Financial Statementsv1 Invited members onlySep 12
Subscription Agreementv4 Counsel and company onlySep 10

Activity

Review recorded workspace and document activity.

  1. 3Review the recordSee document opens and downloads, notice renders, indications and who answered each notice — what happened, not predictions about what will.
Open the sample deal room
Sprowtt · Kara Water — Records
  • Every document open and download, version by version
  • Every render of the notice on the company's own site, by host
  • Indications of interest: how many, and their total
  • Who answered each material-change notice, and how
  • Each investor update the company sent: delivered, held back, unsubscribed
  • Each replay of a recorded conference

How it works

One workspace for the work around a capital raise.

  1. 01

    Set up your workspace

    Create a branded workspace for your company or offering, define team roles, and organize key sections.

  2. 02

    Organize your materials

    Upload documents, presentations, disclosures and FAQs in a structured format with versions kept.

  3. 03

    Control access

    Invite authorized stakeholders and decide what each can view, download or interact with.

  4. 04

    Communicate with your own investors

    Send your own notices and updates and hold your own conferences, with your counsel reviewing first if you choose.

  5. 05

    Review the record

    See document opens and downloads, notice renders, and who answered each notice, in one place.

  6. 06

    Maintain records

    Keep an organized operational record and export it for your advisors as the process evolves.

See the full workflow

Investor updates

The company writes to its own investors, and sends it itself.

Sprowtt supplies the tool and keeps the record. It does not write, review or send updates on anyone's behalf, and it does not meet with, find or match investors.

  • Off until the company turns it on
  • Only people already in the company's deal room — no uploaded, bought or cold lists
  • The same language check as a material-change notice, before Send
  • The company's name as sender, its postal address, and an unsubscribe link honoured forever
  • Approval by the company's securities counsel first, if the company turns it on
How investor updates work

From: Kara Water via Sprowtt

Reply to: the company's own address

Subject: Second plant opened this quarter

The company's own words, checked before Send.

Kara Water wrote this update and sent it through Sprowtt. Sprowtt did not write, review or send it on the company's behalf. · The company's postal address · Stop receiving Kara Water's updates

Illustrative email

Security and privacy

Clear access controls and activity records.

  • Role-based access checked on the server for every account function
  • Documents are never served directly — every open passes an access check and is logged
  • Bank account details stored encrypted
  • Encrypted connections, sign-in rate limits and security headers on every page
  • Suspending a user signs them out everywhere at once

We list only controls that are in place today. We do not claim certifications or audits we have not had.

Security, Privacy & Platform Controls
Kara Water — Access recordIllustrative workspace

Roles

  • Company administratorsManage access
  • CounselReview and hold
  • Invited membersView selected items

Activity record

  • Member invitedCompany admin · 09:12
  • Financial Statements openedInvited member · 09:40
  • Access changed to invited onlyCompany admin · 10:05
  • Section held for reviewCounsel · 11:22

Why Sprowtt

Why teams choose Sprowtt.

A professional room for any size of company

Organized materials and controlled access used to belong to large deals with large budgets. Sprowtt puts the same structure within reach of a growing business.

Software pricing, not a share of your raise

A flat monthly subscription. No success fee, no percentage of the amount raised, and no activation fee scaled to your target.

Workflow support for the compliance work

Checklists, counsel review, legends and records that support your advisors' process — while you and your counsel stay responsible for the offering.

Distance is not a barrier

People the company invited review its materials and join its recorded conferences from anywhere, with each open and replay kept on the record.

Built in Tampa by Mark Jones and team. Read why Sprowtt exists and who is responsible for it.

About Sprowtt

See how Sprowtt fits your workflow.

A walkthrough of the deal room, access controls, investor updates and activity records, set up around the way your team works. A flat monthly subscription — never a percentage of what you raise. Get pricing