Leadership
Who builds and runs it
A small team in Tampa, and the advisors who have been in the room for the arguments.
Mark Jones
Founder & CEO
Capital formation software and Florida market-structure work from Tampa. He has argued for years that local raises work when the software is quiet, compliant, and cheap enough that counsel will actually sit in it.
Lance Ablin
Advisor
Operator and investor background across growth companies.
Where the experience comes from
Sprowtt's founder helped shape the JOBS Act's capital-formation rules alongside Congress and the SEC, and operated an SEC-registered, FINRA-member Regulation Crowdfunding portal. Registration does not imply that such person has been sponsored, recommended, or approved by the state or an agency or officer of the state or by the United States or an agency or officer of the United States.
Mark Jones has built capital-formation software for more than 15 years; Sprowtt has been rebuilt many times since its first site.
That history shapes the product. Where a rule decides whether an offering stays exempt, the software enforces it instead of leaving it to a checklist.
What attorneys say
“Sprowtt's intuitive design and powerful compliance features have revolutionized how our clients approach capital formation. It's an indispensable asset for any company navigating today's intricate regulatory landscape.”
Russell C. Weigel
Investment Attorneys, Coral Gables, Florida
“The meticulous attention to detail and proactive approach to regulatory changes embedded within the Sprowtt platform is truly exceptional. It provides our clients with peace of mind and significantly streamlines the legal review process”
Ronald Vance
Attorney at Law, Higley & Associates, P.C.
“As a patent attorney, I confidently endorse Sprowtt. Their unwavering commitment to compliance and the seamless user experience they deliver make them a preeminent solution for private placements.”
Brian C. Kunzler
Founder, Kunzler Law Group
Rules set at the top, enforced by the software
- A Rule 506(b) notice will not appear on a public page without the person's own invitation link
- A Rule 506(b) invitation cannot be sent until the company records how it knows the person, and since when
- A test-the-waters page takes indications only; nobody can be marked as subscribed or paid
- A notice to investors is checked for guaranteed or risk-free claims, a regulator described as approving the offering, a specific percentage return, pressure language and comparisons to famous companies before it goes out
- A counsel hold takes the website notice down until counsel clears it
- An investor update goes only to people already in the company's own deal room, and an unsubscribe is honoured on every later one
- Nothing is ever deleted. Records are only archived, kept in folders, and can be restored
- The fee is a monthly subscription, never a percentage of the amount raised
The company
- Sprowtt Inc.
- 3030 N Rocky Point Dr W, Suite 150, Tampa, FL 33607 (visits by appointment only) · 888-397-7769 · info@sprowtt.com
- StateCF
- A DBA of Sprowtt Inc. and a Florida OFR-registered intermediary for Chapter 517 intrastate offerings. Registration does not imply that such person has been sponsored, recommended, or approved by the state or an agency or officer of the state or by the United States or an agency or officer of the United States. A separate service with its own terms and disclosures.
- Sprowtt CF
- A separate affiliated service: a federally regulated funding portal and a FINRA member, for Regulation Crowdfunding.
- Capital Forge League
- A 501(c)(3) educational league. It hosts Florida Formation Weekend, and it hosts no securities offering.