About Blue Spark Energy
Blue Spark Energy is a company based in Calgary (Canada) founded in 2011. It operates as a B2B. Blue Spark Energy has raised $20.2 million across 1 funding round. Blue Spark Energy offers products and services including BLUESPARK®. Blue Spark Energy operates in a competitive market with competitors including NCS Multistage, DeepWell, Getech, Zyfra and Optime Subsea, among others.
- Headquarter Calgary, Canada
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Sectors
Energy & Utilities
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Email
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Phone
*********
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Website
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Social
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- Legal Name Blue Spark Energy Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20.2 M (USD)
in 1 rounds
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Latest Funding Round
$20.2 M (USD), Series B
Dec 09, 2025
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Investors
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Employee Count
Employee Count
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Products & Services of Blue Spark Energy
Blue Spark Energy offers a comprehensive portfolio of products and services, including BLUESPARK®. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Generates electro-hydraulic pulses to remove wellbore blockages efficiently.
Funding Insights of Blue Spark Energy
Blue Spark Energy has successfully raised a total of $20.2M through 1 strategic funding round. The most recent funding activity was a Series B round of $20.2 million completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $20.2M
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First Round
First Round
(09 Dec 2025)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Series B - Blue Spark Energy | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Blue Spark Energy
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Blue Spark Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Blue Spark Energy Comparisons
Competitors of Blue Spark Energy
Blue Spark Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NCS Multistage, DeepWell, Getech, Zyfra and Optime Subsea, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Independent technology and services company specializing in multistage completions
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Wireline services for well interventions are supplied to oil companies.
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Oil rigs datasets are provided to enterprises for exploration analysis.
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Provider of robots, AI, and IIoT based solutions for mining industries
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| domain | founded_year | HQ Location |
Subsea well completion and intervention systems are developed and supplied.
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| domain | founded_year | HQ Location |
Oil well stimulation and fracturing services are provided to clients.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Blue Spark Energy
When was Blue Spark Energy founded?
Blue Spark Energy was founded in 2011 and raised its 1st funding round 14 years after it was founded.
Where is Blue Spark Energy located?
Blue Spark Energy is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Is Blue Spark Energy a funded company?
Blue Spark Energy is a funded company, having raised a total of $20.2M across 1 funding round to date. The company's 1st funding round was a Series B of $20.2M, raised on Dec 09, 2025.
What does Blue Spark Energy do?
Blue Spark Energy specializes in sustainable technology for wellbore intervention, using BLUESPARK to generate high-pressure pulses that clear blockages in oil, gas, and geothermal wells. The process involves electrical energy creating shockwaves at the problem site, enabling efficient operations worldwide, including the North Sea and Middle East. They collaborate with energy companies to enhance production and reduce emissions, with offices in Canada and the UK.
Who are the top competitors of Blue Spark Energy?
Blue Spark Energy's top competitors include NCS Multistage, DeepWell and Optime Subsea.
What products or services does Blue Spark Energy offer?
Blue Spark Energy offers BLUESPARK®.