Sprinklr
Must knows
Impact enterprise – Netherlands- 2016 - Start-up - +2 million turn-over
Transition to steward-ownership in 2023
Sprinklr is an online plant shop. Sprinklr sells organically grown garden plants and sustainable houseplants and wants to move as quickly as possible to a world without poison on your plant, where organic cultivation is the norm. Sprinklr's mission is biodiversity restoration. A green environment for everyone, full of life!
"With Steward Ownership, you start from the strength and knowledge of your own organisation. We went from nine shareholders to one."
Sprinklr has two types of shareholders:
Sprinklr Impact Foundation. The foundation's only shareholder has voting rights and is managed by people involved in Sprinklr. The purpose of the foundation is to ensure that Sprinklr BV is run according to its mission. The two founders (and now also the directors) of Sprinklr now have a majority of votes in the foundation.
Investors and a founder. A number of investors and a founder hold cumulative preference shares, with profit rights, but without voting rights. The shares are entitled to a capped return of 5% per year on the contribution.
In addition, these shares are repurchased step by step by Sprinklr BV. If Sprinklr makes sufficient profit, returns will be paid out and if there is still space left, the shares will be repurchased against the contribution.
When all shares with economic rights are later bought back from investors and the founder, Stichting Sprinklr will manage all shares. The profits made by Sprinklr BV will be used for its mission: biodiversity restoration.
Read more about the case of Sprinklr,
Their journey towards steward-ownership
| The information on this page is rooted in the knowledge of We Are Stewards|