About Spark Biomedical
Spark Biomedical is a company based in Houston (United States) founded in 2018.. Spark Biomedical has raised $31.23 million across 7 funding rounds from investors including NIH, HHS and Wellcome. The company has 18 employees as of December 31, 2022. Spark Biomedical offers products and services including Sparrow Ascent. Spark Biomedical operates in a competitive market with competitors including Ceribell, INBRAIN Neuroelectronics, Freespira, Kernel and BrainScope, among others.
- Headquarter Houston, United States
- Employees 18 as on 31 Dec, 2022
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Sectors
HealthcareTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Spark Biomedical, 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
$31.23 M (USD)
in 7 rounds
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Latest Funding Round
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Investors
NIH
& 4 more
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Employee Count
18
as on Dec 31, 2022
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Products & Services of Spark Biomedical
Spark Biomedical offers a comprehensive portfolio of products and services, including Sparrow Ascent. 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.
Provides non-invasive treatment for opioid withdrawal symptoms.
Funding Insights of Spark Biomedical
Spark Biomedical has successfully raised a total of $31.23M across 7 strategic funding rounds. 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 7
- Last Round Last Round
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First Round
First Round
(30 Sep 2019)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2025 | Amount | Grant - Spark Biomedical | Valuation |
investors |
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| Apr, 2025 | Amount | Series A - Spark Biomedical | Valuation | Wave Ventures | |
| Jun, 2024 | Amount | Grant - Spark Biomedical | Valuation |
investors |
| 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 |
Investors in Spark Biomedical
Spark Biomedical has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include NIH, HHS and Wellcome. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Wave Ventures is engaged in empowering innovators through strategic investments.
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Founded Year | Domain | Location | |
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Pathway to Cures is focused on funding therapies for inheritable blood disorders.
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Founded Year | Domain | Location | |
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Public health and human services are overseen by HHS.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Spark Biomedical
| 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 - Spark Biomedical
| 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 |
Spark Biomedical Comparisons
Competitors of Spark Biomedical
Spark Biomedical 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 Ceribell, INBRAIN Neuroelectronics, Freespira, Kernel and BrainScope, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Portable EEG devices for point-of-care seizure diagnosis are provided.
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| domain | founded_year | HQ Location |
AI-based neuroelectronic devices for brain disorder detection are developed.
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| domain | founded_year | HQ Location |
Panic disorders are treated via breathing device and mobile app.
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| domain | founded_year | HQ Location |
Multimodal brain measurement technology is developed for neuromedicine applications.
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| domain | founded_year | HQ Location |
Developer of AI-driven EEG platform transforming brain electrical activity into insights
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| domain | founded_year | HQ Location |
Minimally invasive bioelectronics are developed for mental health disorders.
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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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| domain | founded_year | HQ Location |
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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Latest news on Spark Biomedical
Frequently Asked Questions about Spark Biomedical
When was Spark Biomedical founded?
Spark Biomedical was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Spark Biomedical located?
Spark Biomedical is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Who is the current CEO of Spark Biomedical?
Daniel Powell is the current CEO of Spark Biomedical.
Is Spark Biomedical a funded company?
Spark Biomedical is a funded company, having raised a total of $31.23M across 7 funding rounds to date. The company's 1st funding round was a Grant of $318.88K, raised on Sep 30, 2019.
How many employees does Spark Biomedical have?
As of Dec 31, 2022, the latest employee count at Spark Biomedical is 18.
What does Spark Biomedical do?
Spark Biomedical was founded in 2018 and is based in Houston, United States. The company operates in the biomedical sector, focusing on neurostimulation technology. A wearable device is developed to address opioid withdrawal by reducing associated symptoms and supporting addiction alleviation. Operations center on device innovation for clinical applications in addiction treatment.
Who are the top competitors of Spark Biomedical?
Spark Biomedical's top competitors include Ceribell, INBRAIN Neuroelectronics and BrainScope.
What products or services does Spark Biomedical offer?
Spark Biomedical offers Sparrow Ascent.
Who are Spark Biomedical's investors?
Spark Biomedical has 5 investors. Key investors include NIH, HHS, Wellcome, Wave Ventures, and Pathway to Cures.
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