ApideckTape
← Embedded Finance Index 2026

Sapling

“Can an onboarding-first HRIS become the connective tissue for people data in modern HR stacks?”

Founded2016
HQSan Francisco, California, United States
FoundersBart Macdonald
Total raised$4M+ (seed)
Latest roundAcquired by Kallidus (January 2020)
IndustryHorizontal SaaS / HR & Payroll
The story

Sapling was founded in 2016 as an employee onboarding and people-operations HRIS for mid-size distributed teams. After a $4M seed in 2019, it was acquired by UK HCM vendor Kallidus in January 2020 and folded into a broader human capital management suite. Sapling itself does not offer embedded finance — it is a data source for embedded finance platforms via unified HRIS APIs like Finch.

Last 12 months
—
Product timeline
2016
Sapling founded in San Francisco as a people operations / HRIS platform focused on onboarding for distributed teams· pivot
2019
Raised $4M seed round led by Gradient Ventures (Google's AI fund) and Tuesday Capital· banking
2020
Acquired by Kallidus to complement its HCM software suite· acquisition
2022
Integrated into Finch's unified HRIS/payroll API, making Sapling data accessible to fintech apps· banking
The stack
1 layer disclosed in Sapling’s embedded-finance stack
Unified APIs
Finch
Accounting gap: none

Sapling — frequently asked

Who founded Sapling?

Sapling was founded by Bart Macdonald and is founded in 2016, headquartered in San Francisco, California, United States.

How much funding has Sapling raised?

Sapling has raised $4M+ (seed) in total (latest round: Acquired by Kallidus (January 2020)).

Benchmark your own stack

Request an embedded finance strategy assessment

Get a read on where your own stack stands against Sapling and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.

  • Your category, mappedHow your stack compares to Sapling and the other companies in its category.
  • Build vs. buyWhere a provider relationship would close a gap faster than building it.
  • A named analyst, not a form replyA short call to scope what's actually worth assessing for you.

No newsletter, no sharing your address. We use this to reach out about the assessment and nothing else.